June 3rd Seattle Area Housing Report

Page 1

WAIT THERE’S MORE!

HOMES & STATS ONLINE

While having an historical perspective like this annual review is valuable, you may be looking for real-time information on today’s real estate market. If so, your search is over! We publish weekly reports to TheMarketTalks.com providing a summary analysis of what’s happening in 16 different micro-markets, including Mercer Island. Interested in what’s happening with waterfront properties? We are too! That’s why we analyze waterfront sales each month and post results at TheWaterfrontReport.com. Easily compare neighborhoods on LiveOnGuides.com with local info including maps, links and school data. You can search for every property listed for sale–by any real estate company–on WindermereMercerIsland.com.

June 3, 2016 - THE MARKET TALKS

greater seattle-eastside

WINDERMERE

MERCER ISLAND

In everything we do we put our clients first. We enable them to make sound real estat decisions through professional representation, expert advice, and deep neighbor community knowledge. Our clients enjoy a friendly, personalized exper guide them through their real estate transaction to achieve their hopes, dreams and goals Centrally located on Mercer Island, our team of talented Realtors® serves S and greater Eastside. Our neighborhood and community engagement goes be avid supporters of Island and regional organizations and events—we are active neighbors and volunteers who enjoy making a difference in our world.

Data prepared and analyzed by Windermere Real Estate/Mercer Island from NWMLS provided data. For questions or comments, email Julie Barrow

THEMARKETTALKS.COM

206.232.0446 | windermeremercerisland.com


THE MARKET TALKS

West Seattle

weekly real estate report

June 3, 2016 THIS WEEK IN West Seattle

ACTIVE LISTINGS and PENDING SALES

Area 140

Active Listings 6

132

0 5

$1-1.25M

1

$900999k

7 1

$800899k

8 2

$700799k

Pending Sales 4 4

$600699k

5

$500599k

15 8

$400499k

28

Percent Sold

5

$250399k 2 0

 Pending Sales

0.9

1.2

1.4

0.9

1.2

$2M+

0.4

0.9

$1.5-2M

 Seller's Market

$1.251.5M

 Balanced Market

1.6

1.3

$400499k

$250399k

$0-249k

0.9

 Buyer's Market

$1-1.25M

MONTHS OF INVENTORY

0.2

$900999k

 Active Listings

0.5

25%

28 7

$800899k

$0-249k

33

20

$700799k

$1.251.5M

4 0

$600699k

$1.5-2M

5 0

$500599k

$2M+

© Copyright 2011-2016, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.

themarkettalks.com │ Residential and condominium data for Greater Seattle and the Eastside


THE MARKET TALKS

Renton Highlands

weekly real estate report

June 3, 2016 THIS WEEK IN Renton Highlands

ACTIVE LISTINGS and PENDING SALES

Area 350

6 1 5 0

$800899k

6 1

Pending Sales 12

$600699k

15 5 13 1

$400499k

22

$250399k $0-249k

Percent Sold

2

12%

29 3 4 1

 Active Listings

 Pending Sales

MONTHS OF INVENTORY 2.2

2.6

 Buyer's Market 3.0

 Balanced Market

2.8 1.4

0.9

$800899k

$700799k

$600699k

$500599k

$400499k

$250399k

0.7

$0249k

 Seller's Market

1.2

1.4 0.2

0.2

© Copyright 2011-2016, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.

themarkettalks.com │ Residential and condominium data for Greater Seattle and the Eastside

0.7

$2M+

$500599k

14

0

$1.5-2M

$700799k

11

0

$1-1.25M $900999k

Active Listings 1

$1.251.5M

$1.251.5M

1 0

$11.25M

$1.5-2M

3 0

$900999k

$2M+


THE MARKET TALKS

South Seattle

weekly real estate report

June 3, 2016 THIS WEEK IN South Seattle

ACTIVE LISTINGS and PENDING SALES

Area 380/385

4 0

$900999k

0

$800899k

0

3

6

Pending Sales 4

$600699k

13 2

$500599k

18 4

$400499k

26

25%

18 8 3

$0-249k

2

 Pending Sales

1.5 0.9

 Seller's Market

1.4 0.7

0.9 0.2

0.5

© Copyright 2011-2016, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.

themarkettalks.com │ Residential and condominium data for Greater Seattle and the Eastside

0.9

$2M+

1.0

 Balanced Market

$1.5-2M

$400499k

 Buyer's Market

$1.251.5M

0.5

0.7

$250399k

MONTHS OF INVENTORY

$1-1.25M

 Active Listings

$0-249k

Percent Sold

9

$250399k

0.3

25

0

$900999k

$700799k

10

0

$800899k

$1-1.25M

Active Listings 1

$700799k

$1.251.5M

2 0

$600699k

$1.5-2M

4 0

$500599k

$2M+


THE MARKET TALKS

Central Seattle

weekly real estate report

June 3, 2016 THIS WEEK IN Central Seattle

ACTIVE LISTINGS and PENDING SALES

Area 390 21

$2M+

1 8

$1.5-2M

1

$1.251.5M

Active Listings 8

8

$1-1.25M

1

$900999k

0

$800899k

0

8

9

Pending Sales

$700799k

16

21

4

$600699k

17 3

$500599k

5 4

$400499k

1

Percent Sold

3

$250399k $0-249k

10

2

20%

2 2 0 0

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market 4.9

1.9

1.9

© Copyright 2011-2016, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.

themarkettalks.com │ Residential and condominium data for Greater Seattle and the Eastside

$2M+

$1.5-2M

$1.251.5M

$1-1.25M

$900999k

$500599k

1.9

0.9

$800899k

0.3

$700799k

0.1

0.9

$600699k

0.2

$400499k

$0-249k

0.0

$250399k

2.1 1.3


THE MARKET TALKS

East Side South

weekly real estate report

May 27, 2016 THIS WEEK IN East Side South

ACTIVE LISTINGS and PENDING SALES

Area 500 $2M+

20 0 15

$1.5-2M

1

Active Listings

$1.251.5M

7

14

$1-1.25M

2

$900999k

2

$800899k

2

10

11

$700799k

Pending Sales 15

29

5

$600699k

8 6

$500599k

12 5

$400499k

2

Percent Sold

1

$250399k $0-249k

11

3

25%

1 2 0 0

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market

4.7 3.5

1.6

© Copyright 2011-2016, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.

themarkettalks.com │ Residential and condominium data for Greater Seattle and the Eastside

$2M+

$1.5-2M

$1.251.5M

0.5

$1-1.25M

$600699k

0.7

1.2

$900999k

0.3

$800899k

0.6

$700799k

0.5

$500599k

0.1

$250399k

$0-249k

0.0

$400499k

1.3


THE MARKET TALKS

Mercer Island

weekly real estate report

June 3, 2016 THIS WEEK IN Mercer Island

ACTIVE LISTINGS and PENDING SALES

Area 510 42

$2M+

4 11

$1.5-2M

1

$1.251.5M

$800899k

3 0 1 0 1 1

$700799k

0 0

$600699k

0 1

$500599k

0 0

$400499k

0 0

$250399k

0 0

$0-249k

0 0

Pending Sales

9 Percent Sold

15%

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market 2.6

2.4

$2M+

$900999k

61

2

$1.5-2M

$1-1.25M

Active Listings 3

0.0

$500599k

$600699k

$700799k

0.3

$1.251.5M

0.0

$11.25M

0.0

$900999k

0.0

0.2

$800899k

0.0

$400499k

$0249k

0.0

$250399k

0.7 0.2

© Copyright 2011-2016, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.

themarkettalks.com │ Residential and condominium data for Greater Seattle and the Eastside


THE MARKET TALKS

West Bellevue

weekly real estate report

June 3, 2016 THIS WEEK IN West Bellevue

ACTIVE LISTINGS and PENDING SALES

Area 520 83

$2M+

4 8

$1.5-2M

$1-1.25M

Active Listings

3

10

0 2 0

$900999k

0

$800899k

0

3

2

Pending Sales

$700799k

1

$600699k

1 0

$500599k

0 0

$400499k

1 0

$250399k

0 0

$0-249k

0 0

2

8 Percent Sold

8%

 Active Listings

 Pending Sales

 Seller's Market

0.2

0.5

0.5

0.5

0.7

0.6

0.0

0.2

0.7

0.0

$600699k

$700799k

$800899k

$900999k

$1-1.25M

$1.251.5M

$1.5-2M

4.8

$500599k

 Balanced Market

$400499k

$0-249k

0.0

 Buyer's Market

$250399k

MONTHS OF INVENTORY

© Copyright 2011-2016, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.

themarkettalks.com │ Residential and condominium data for Greater Seattle and the Eastside

$2M+

$1.251.5M

3


THE MARKET TALKS

East Bellevue

weekly real estate report

June 3, 2016 THIS WEEK IN East Bellevue

ACTIVE LISTINGS and PENDING SALES

Area 530 14

$2M+

2 12

$1.5-2M $1.251.5M

1

Active Listings 7

5

$1-1.25M

1

$900999k $800899k

81

0

6 3 3 0

Pending Sales

$700799k

10

22

6

$600699k

13 4

$500599k

8 2

$400499k

3 3

$250399k

0 0

$0-249k

0 0

Percent Sold

27%

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market 2.8

© Copyright 2011-2016, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.

themarkettalks.com │ Residential and condominium data for Greater Seattle and the Eastside

$2M+

1.6

$1.5-2M

1.6

$1.251.5M

0.5

$1-1.25M

0.7

$900999k

1.2

$800899k

0.4

$700799k

0.8

$600699k

0.2

$500599k

0.0

$400499k

$0-249k

0.0

$250399k

0.9


THE MARKET TALKS

East Lake Sammamish

weekly real estate report

June 3, 2016 THIS WEEK IN East Lake Sammamish

ACTIVE LISTINGS and PENDING SALES

Area 540 $2M+

11 0 18

$1.5-2M

2

$1.251.5M

Active Listings 29

47

$1-1.25M

6

$900999k

7

$800899k

7

32

39

$700799k

Pending Sales 26

45

6

$600699k

5

$500599k

5

13

21

$400499k

9

Percent Sold

2

$250399k $0-249k

264

2

17%

16 3 3 0

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market

© Copyright 2011-2016, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.

themarkettalks.com │ Residential and condominium data for Greater Seattle and the Eastside

2.6

$2M+

$1.5-2M

$1.251.5M

$600699k

1.1

$11.25M

$500599k

1.0

$900999k

0.6

$800899k

1.0

2.1

1.8

1.3

$700799k

1.0

$400499k

$0249k

0.7

1.2

$250399k

3.4


THE MARKET TALKS

Redmond-Carnation

weekly real estate report

June 3, 2016 THIS WEEK IN Redmond-Carnation

ACTIVE LISTINGS and PENDING SALES

Area 550 $2M+ $1.5-2M $1.251.5M $1-1.25M

5 0 14 0

Active Listings 14

111

0 17 0

$900999k

1

$800899k

1

8

4

Pending Sales

$700799k

8

15

3

$600699k

18 1

$500599k

10 5

$400499k

7

Percent Sold

2

$250399k

14%

5 1 1 1

$0-249k

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market

4.2

4.0 3.3

3.3

1.9

$1.5-2M

$1.251.5M

$1-1.25M

$900999k

© Copyright 2011-2016, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.

themarkettalks.com │ Residential and condominium data for Greater Seattle and the Eastside

$2M+

1.2

0.9

$800899k

$700799k

$400499k

$250399k

$0-249k

0.2

0.6

0.5

$600699k

0.8

$500599k

1.2


THE MARKET TALKS

Kirkland-Bridle Trails

weekly real estate report

June 3, 2016 THIS WEEK IN Kirkland-Bridle Trails

ACTIVE LISTINGS and PENDING SALES

Area 560 19

$2M+

1 19

$1.5-2M $1.251.5M

2

Active Listings 14

8

$1-1.25M

1

$900999k

11 2

$800899k $700799k

93

0

8 5

Pending Sales

5

15

0

$600699k

2

$500599k

2

4

3

$400499k

0

Percent Sold

$250399k

0 0

16%

$0-249k

0 0

2

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market

4.4 3.3 2.2

1.9 1.3

© Copyright 2011-2016, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.

themarkettalks.com │ Residential and condominium data for Greater Seattle and the Eastside

$2M+

$1.5-2M

$1.251.5M

$1-1.25M

$900999k

$800899k

$600699k

0.4

$700799k

0.5

$500599k

0.0

$250399k

$0-249k

0.0

0.3

$400499k

1.2 0.5


THE MARKET TALKS

Juanita-Woodinville

weekly real estate report

June 3, 2016 THIS WEEK IN Juanita-Woodinville

ACTIVE LISTINGS and PENDING SALES

Area 600 $2M+

15 0 9

$1.5-2M $1.251.5M

2

Active Listings 11

30

$1-1.25M

3

$900999k

4

$800899k

4

18

22

Pending Sales

$700799k

21

43

6

$600699k

25 4

$500599k

17 5

$400499k

23

Percent Sold

9

$250399k $0-249k

213

0

20%

16 5 6 1

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market 3.5

© Copyright 2011-2016, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.

themarkettalks.com │ Residential and condominium data for Greater Seattle and the Eastside

$2M+

$1.5-2M

1.0

$1.25-1.5M

1.0

$1-1.25M

$500599k

1.3

$900999k

$400499k

0.8

$700799k

0.8

$600699k

0.6

$250399k

$0-249k

0.7

$800899k

2.3 1.5

1.4

2.6


THE MARKET TALKS

Queen Anne-Magnolia

weekly real estate report

June 3, 2016 THIS WEEK IN Queen Anne-Magnolia

ACTIVE LISTINGS and PENDING SALES

Area 700 18 0 12

$1.5-2M

3

$1.251.5M

6 0

$900999k

1

$800899k

1

7

8

Pending Sales

$700799k

4

12

5 5 0

$500599k

3 1

$400499k

0

Percent Sold

$250399k

0 0

16%

$0-249k

0 0

1

 Pending Sales

 Buyer's Market

 Balanced Market

4.2

1.2

2.3 1.6

1.4

0.9

$800899k

$700799k

0.2

$600699k

0.7

$500599k

0.0

$400499k

$0-249k

0.0

$250399k

1.9 0.2

 Seller's Market

$1-1.25M

MONTHS OF INVENTORY

$900999k

 Active Listings

© Copyright 2011-2016, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.

themarkettalks.com │ Residential and condominium data for Greater Seattle and the Eastside

$2M+

$600699k

74

1

$1.5-2M

$1-1.25M

Active Listings 10

$1.251.5M

$2M+


THE MARKET TALKS

Ballard-Greenlake

weekly real estate report

June 3, 2016 THIS WEEK IN Ballard-Greenlake

ACTIVE LISTINGS and PENDING SALES

Area 705 $2M+

5 0 7

$1.5-2M

1

$1.251.5M

Active Listings 3

120

2 8

$1-1.25M

1

$900999k

1

$800899k

1

11

6

Pending Sales

$700799k

22

$600699k

24 12

$500599k

16 10

$400499k

4

$250399k

4

$0-249k

41

5

12

Percent Sold

34%

6

0 0

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market 2.6 1.6

1.2

© Copyright 2011-2016, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.

themarkettalks.com │ Residential and condominium data for Greater Seattle and the Eastside

$2M+

$1.5-2M

$1.251.5M

$1-1.25M

0.3

$900999k

$600699k

1.9

1.4

$800899k

0.5

$700799k

0.4

$500599k

0.7

$400499k

$250399k

$0-249k

0.0

0.3

1.0


THE MARKET TALKS

North Seattle

weekly real estate report

June 3, 2016 THIS WEEK IN North Seattle

ACTIVE LISTINGS and PENDING SALES

Area 710 10 0 7

$1.5-2M

2

$1.251.5M

Active Listings 6

8

$1-1.25M

1

$900999k

3

$800899k

3

5

9

$700799k

Pending Sales 8

12 4

$500599k

9 6

$400499k

7

Percent Sold

1

0 0

 Pending Sales

 Seller's Market

0.7

0.4

0.7

0.8

© Copyright 2011-2016, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.

themarkettalks.com │ Residential and condominium data for Greater Seattle and the Eastside

$2M+

0.6

$1.5-2M

0.7

$1.251.5M

$500599k

0.3

$400499k

2.3

1.9

1.6

0.0

$250399k

 Balanced Market

$900999k

1.4

 Buyer's Market

$1-1.25M

MONTHS OF INVENTORY

$800899k

 Active Listings

$0-249k

29%

6 0

$700799k

$0-249k

25

3

$600699k

$250399k

87

2

$600699k

$2M+


WAIT THERE’S MORE!

HOMES & STATS ONLINE

While having an historical perspective like this annual review is valuable, you may be looking for real-time information on today’s real estate market. If so, your search is over! We publish weekly reports to TheMarketTalks.com providing a summary analysis of what’s happening in 16 different micro-markets, including Mercer Island. Interested in what’s happening with waterfront properties? We are too! That’s why we analyze waterfront sales each month and post results at TheWaterfrontReport.com. Easily compare neighborhoods on LiveOnGuides.com with local info including maps, links and school data. You can search for every property listed for sale–by any real estate company–on WindermereMercerIsland.com.

WINDERMERE

MERCER ISLAND

In everything we do we put our clients first. We enable them to make sound real estate decisions through professional representation, expert advice, and deep neighborhood and community knowledge. Our clients enjoy a friendly, personalized experience as we competently guide them through their real estate transaction to achieve their hopes, dreams and goals. Centrally located on Mercer Island, our team of talented Realtors® serves Seattle, Mercer Island, and greater Eastside. Our neighborhood and community engagement goes beyond being avid supporters of Island and regional organizations and events—we are active neighbors and volunteers who enjoy making a difference in our world.

Data prepared and analyzed by Windermere Real Estate/Mercer Island from NWMLS provided data. For questions or comments, email Julie Barrows at julie@windermere.com. ©2011-2016 Windermere Real Estate/Mercer Island


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