June 10th 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 10, 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 10, 2016 THIS WEEK IN West Seattle

ACTIVE LISTINGS and PENDING SALES

Area 140

150

0 6

$1-1.25M

1 8 0

$800899k

10 2

$700799k

Pending Sales 6

$600699k

20 7

$500599k

19 4

$400499k

26

Percent Sold

13

$250399k $0-249k

39

2

26%

38 9 1 1

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market

$900999k

0.7

1.2

$800899k

0.7

$700799k

$500599k

0.5

$400499k

$250399k

$0-249k

0.2

1.1

$600699k

1.9 1.0

1.4

1.6 0.9

1.2

$2M+

$900999k

Active Listings 7

$1.5-2M

$1.251.5M

4 0

$1.251.5M

$1.5-2M

5 0

$1-1.25M

$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 10, 2016 THIS WEEK IN Renton Highlands

ACTIVE LISTINGS and PENDING SALES

Area 350 $2M+ $1.5-2M $1.251.5M $1-1.25M

3 0 1 0

Active Listings 1 1

1

$900999k

1

$800899k

1

$700799k

3

6

Pending Sales 12

28

1

$600699k

12 5

$500599k

13 4

$400499k

23

Percent Sold

5

$250399k $0-249k

11

7

24%

32 7 2 2

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market

2.8

0.2

$1.5-2M

0.7

$2M+

0.2

$1.251.5M

$11.25M

$900999k

0.7

$800899k

0.6

$700799k

$400499k

$250399k

$0249k

0.2

1.6

1.4 0.8

$600699k

1.1

$500599k

1.1

© 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

South Seattle

weekly real estate report

June 10, 2016 THIS WEEK IN South Seattle

ACTIVE LISTINGS and PENDING SALES

Area 380/385 3

$2M+ $1.5-2M $1.251.5M $1-1.25M $900999k $800899k $700799k

2 3 0

Active Listings 2

5 0 4 0 6 1

Pending Sales 4

12 3

$500599k

18 4 30

Percent Sold

2

$250399k $0-249k

25

2

$600699k

$400499k

11

0

23%

21 9 2 2

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market

3.5

0.7

0.3

$2M+

0.5

$1.5-2M

1.2

$1.251.5M

0.9

$1-1.25M

$800899k

0.5

$900999k

1.4

$700799k

0.9

$600699k

$500599k

$400499k

0.5

$250399k

$0-249k

0.2

1.0

© 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

Central Seattle

weekly real estate report

June 10, 2016 THIS WEEK IN Central Seattle

ACTIVE LISTINGS and PENDING SALES

Area 390 $2M+

23 0 9

$1.5-2M

1

$1.251.5M

8 2 10 0

$800899k

9 3

$700799k

16

3 15 3

$500599k

4 2

$400499k

$0-249k

Pending Sales 19

$600699k

$250399k

11

1

$1-1.25M $900999k

Active Listings 11

3

Percent Sold

1

14%

2 0 0 0

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market 5.3

2.6

$2M+

$1.5-2M

$1.251.5M

$1-1.25M

$900999k

$500599k

2.1

0.9

0.7

$800899k

0.5

1.5

$700799k

0.7

1.2

$600699k

0.5

$400499k

$0-249k

0.0

$250399k

2.3

© 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


THE MARKET TALKS

East Side South

weekly real estate report

June 10, 2016 THIS WEEK IN East Side South

ACTIVE LISTINGS and PENDING SALES

Area 500 21

$2M+

2 19

$1.5-2M

2

$1.251.5M

Active Listings 9

14

$1-1.25M

5

$900999k

8 3

$800899k

11 2

$700799k

9 1 15 4

$400499k

2

Percent Sold

4

21%

0 1 0 0

 Pending Sales

2.2

2.4

$700799k

0.6

0.7

$1-1.25M

1.3

$600699k

$400499k

$500599k

$250399k

$0-249k

0.1

2.1

$2M+

2.4

0.9 0.0

 Seller's Market

$1.5-2M

2.1

 Balanced Market

$1.251.5M

 Buyer's Market

$900999k

MONTHS OF INVENTORY

$800899k

 Active Listings

0.0

27

2

$500599k

$0-249k

Pending Sales 21

$600699k

$250399k

12

1

© 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

Mercer Island

weekly real estate report

June 10, 2016 THIS WEEK IN Mercer Island

ACTIVE LISTINGS and PENDING SALES

Area 510 44

$2M+

2 14

$1.5-2M

1

$1.251.5M

Active Listings 3

67

1 2 2

$1-1.25M $900999k

0

$800899k

0

Pending Sales

$700799k

0 0

$600699k

0 0

6

$500599k

0 0

$400499k

0 0

$250399k

0 0

$0-249k

0 0

1

3

Percent Sold

9%

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market 5.1

$600699k

$700799k

0.2

0.7

$2M+

$500599k

0.2

$1.5-2M

0.0

$1.251.5M

0.0

$11.25M

0.0

$800899k

0.0

$400499k

$0249k

0.0

$250399k

0.7 0.0

$900999k

3.3

© 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


THE MARKET TALKS

West Bellevue

weekly real estate report

June 10, 2016 THIS WEEK IN West Bellevue

ACTIVE LISTINGS and PENDING SALES

Area 520 83

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

3 14 1

Active Listings 6

11

1 3 0

$900999k

1 2

$800899k

2 1

$700799k

2 0

$600699k

0 1

$500599k

1 1

$400499k

0 0

$250399k

0 0

$0-249k

0 0

Pending Sales

10 Percent Sold

9%

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market 6.4

0.7

1.4

$2M+

0.1

$1.5-2M

$600699k

0.5

$1.251.5M

$500599k

0.5

$11.25M

0.0

$900999k

0.2

$800899k

0.0

$700799k

0.0

$400499k

$0249k

0.0

$250399k

3.3

© 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


THE MARKET TALKS

East Bellevue

weekly real estate report

June 10, 2016 THIS WEEK IN East Bellevue

ACTIVE LISTINGS and PENDING SALES

Area 530 13

$2M+

2 10

$1.5-2M

2

$1.251.5M

Active Listings 5

4

$1-1.25M

1

$900999k

7 4 4 0

Pending Sales

$700799k

13

$600699k

10 8

$500599k

13 3

37%  Pending Sales

 Buyer's Market

1.0

0.9

$600699k

0.3

$500599k

0.0

$400499k

$0-249k

0.0

$250399k

1.0

 Balanced Market

0.4

$900999k

MONTHS OF INVENTORY

$800899k

 Active Listings

 Seller's Market

0.9

1.2

1.5

0.6

$2M+

$0-249k

0 0

Percent Sold

$1.5-2M

$250399k

0 0

4

$1.251.5M

0

$1-1.25M

$400499k

0.0

29

3

$700799k

$800899k

79

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

East Lake Sammamish

weekly real estate report

June 10, 2016 THIS WEEK IN East Lake Sammamish

ACTIVE LISTINGS and PENDING SALES

Area 540 10

$2M+

3 19

$1.5-2M

1

Active Listings

$1.251.5M

26

46

$1-1.25M

6

$900999k

30 7

$800899k

29 15

$700799k

Pending Sales 27

71

8

$600699k

24 4

$500599k

7

$400499k

7

21

8

$250399k $0-249k

257

5

Percent Sold

28%

14 8 3 0

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market

1.2

$2M+

0.8

$1.5-2M

$1.251.5M

$11.25M

1.0

$900999k

0.4

$800899k

1.8 0.8

$700799k

1.4

$600699k

0.3

0.7

$500599k

0.4

$400499k

$0249k

0.7

$250399k

4.4

© 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

Redmond-Carnation

weekly real estate report

June 10, 2016 THIS WEEK IN Redmond-Carnation

ACTIVE LISTINGS and PENDING SALES

Area 550 $2M+

5 0 13

$1.5-2M $1.251.5M

2

Active Listings 13

18

$1-1.25M

2

$900999k

9 2

$800899k

6 1

$700799k

Pending Sales 12

30

3

$600699k

19 9

$500599k

7 6

$400499k

10

Percent Sold

3

$250399k $0-249k

117

0

26%

5 1 0 1

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market 3.0 1.2

$2M+

$1.251.5M

$1-1.25M

$1.5-2M

1.5

1.0

$900999k

1.4

$800899k

0.3

0.9

$700799k

$400499k

$250399k

$0-249k

0.0

0.5

$600699k

0.8

$500599k

2.1 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


THE MARKET TALKS

Kirkland-Bridle Trails

weekly real estate report

June 10, 2016 THIS WEEK IN Kirkland-Bridle Trails

ACTIVE LISTINGS and PENDING SALES

Area 560 20

$2M+

1 22

$1.5-2M

1

$1.251.5M

Active Listings 15

106

2 9

$1-1.25M

1

$900999k

15 1

$800899k

8 3

$700799k

Pending Sales 4 4

$600699k

18

6 3

$500599k

1

$400499k

1

4

3

$250399k

0 0

$0-249k

0 0

Percent Sold

17%

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market

5.1

4.7

3.5 1.7

$2M+

$1.5-2M

$1.251.5M

$1-1.25M

$900999k

0.6

$800899k

0.2

$700799k

$500599k

0.5

$600699k

0.7 0.0

$250399k

$0-249k

0.0

0.9

$400499k

2.1

© 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

Juanita-Woodinville

weekly real estate report

June 10, 2016 THIS WEEK IN Juanita-Woodinville

ACTIVE LISTINGS and PENDING SALES

Area 600

$1.5-2M

17 0 10 0

$1.251.5M

Active Listings 9

29

$1-1.25M

2

$900999k

18 2

$800899k

20 10

$700799k

Pending Sales 25

53

6

$600699k

25 7

$500599k

9

$400499k

9

20

21

$250399k $0-249k

218

2

Percent Sold

24%

17 6 7 0

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market 4.0

3.4

$400499k

$500599k

$600699k

$700799k

0.5

$1.5-2M

1.0

$1.25-1.5M

0.8

$1-1.25M

0.5

1.0

$900999k

0.5

$800899k

0.7

$250399k

$0-249k

2.3

2.1

1.6

$2M+

$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

Queen Anne-Magnolia

weekly real estate report

June 10, 2016 THIS WEEK IN Queen Anne-Magnolia

ACTIVE LISTINGS and PENDING SALES

Area 700 $2M+

21 0 11

$1.5-2M

2

$1.251.5M

6 1

$900999k

$700799k

84

2

$1-1.25M

$800899k

Active Listings 10

7 1 11 0

Pending Sales 5

9

0

$600699k

8 1

$500599k

2 2

$400499k

0

Percent Sold

$250399k

0 0

11%

$0-249k

0 0

3

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market

4.9

1.6

1.4

1.2

1.3

$1-1.25M

$1.251.5M

$1.5-2M

$2M+

$800899k

$700799k

0.2

$600699k

$400499k

0.0

$250399k

$0-249k

0.0

1.2

$500599k

0.7

$900999k

2.6 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


THE MARKET TALKS

Ballard-Greenlake

weekly real estate report

June 10, 2016 THIS WEEK IN Ballard-Greenlake

ACTIVE LISTINGS and PENDING SALES

Area 705 4

$2M+ $1.5-2M $1.251.5M

1 6 0

Active Listings 6

124

0 4

$1-1.25M

5

$900999k

13 1

$800899k

13 3

Pending Sales

$700799k

21

$600699k

24 10

$500599k

20 8

$400499k

9

Percent Sold

10

$250399k $0-249k

51

8

41%

4 5 0 0

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market

1.4

$1.251.5M

$1.5-2M

0.9

$2M+

$700799k

$1-1.25M

$600699k

1.4 0.2

$900999k

0.6

1.0

$800899k

0.6

0.6

$500599k

0.2

$400499k

$0-249k

0.0

0.2

$250399k

3.0

© 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

North Seattle

weekly real estate report

June 10, 2016 THIS WEEK IN North Seattle

ACTIVE LISTINGS and PENDING SALES

Area 710 10

$2M+

1 6

$1.5-2M

3

$1.251.5M

Active Listings 5

76

2 6

$1-1.25M

2

$900999k

5 1

$800899k

6 5

$700799k

Pending Sales 7

$600699k

8 9

$500599k

12 4

$400499k

6

$250399k $0-249k

37

2

5

Percent Sold

5

49%

3 0 0

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market

0.6

0.5

$1.5-2M

$2M+

0.7

$1.251.5M

$900999k

$700799k

$800899k

0.3

0.2

$1-1.25M

1.2

0.8

$600699k

0.7

$500599k

0.3

$400499k

$0-249k

0.0

0.4

$250399k

2.3

© 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


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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