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.
JULY 2016 - THE MARKET TALKS
greater seattle-eastside
WINDERMERE
MERCER ISLAND
In everything we do we put our clients first. We enable them to mak decisions through professional representation, expert advice, and deep neighbor community knowledge. Our clients enjoy a friendly, personaliz guide them through their real estate transaction to achieve their hopes Centrally located on Mercer Island, our team of talented Realtors® ser and greater Eastside. Our neighborhood and communit avid supporters of Island and regional organizations and events— 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 c
THEMARKETTALKS.COM
206.232.0446 | windermeremercerisland.com
THE MARKET TALKS
West Seattle
monthly real estate report
July 2016
$500,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$573,000
1 Yr Low 3 Mo Avg
$518,000
3 Mo Avg
Jul 2016
$500,000
Jul 2016
$200,000
$400,000
AVERAGE COST PER SQUARE FOOT
$600,000
$800,000
$329
3 Mo Avg Jul 2016 $300
$400
102%
104%
4.05% 3.91%
4.00%
3.89%
3.90%
171 50
100
150
106%
3.94%
3.96%
3.80%
200
250
13 35
12 15
Jul 2016
13
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.10%
192
3 Mo Avg
103% 100%
85
1 Yr Low 104%
98%
200
1 Yr High
101%
Jul 2016
150
171
AVERAGE DAYS ON MARKET 105%
3 Mo Avg
100
206
0
103%
1 Yr High 1 Yr Low
50
Jul 2016
$329
LIST PRICE TO SALE PRICE RATIO
0
3 Mo Avg
$323
$200
168
1 Yr Low
$272
$100
138
1 Yr High
$329
$0
68
NUMBER OF PENDING SALES
1 Yr High 1 Yr Low
168
1 Yr Low
$447,000
$0
168
NUMBER OF HOMES FOR SALE
10
20
30
40
3.44%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57% 3.44%
3.60% 3.50% 3.40% 3.30% 3.20% 3.10%
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-16
Jul-16
© 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
monthly real estate report MEDIAN SALE PRICE
July 2016
$470,000
1 Yr High
$551,000
1 Yr Low 3 Mo Avg
$400,000
$600,000
3 Mo Avg Jul 2016
$240
3 Mo Avg
102%
Jul 2016
101% 99%
100%
101%
4.05% 3.91%
4.00%
3.89%
3.90%
100
102%
21
3.94%
3.96%
15 21
Jul 2016
21
103%
3.80%
150
70
3 Mo Avg
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.10%
50
1 Yr Low
99%
98%
127
1 Yr High
102%
97%
117
AVERAGE DAYS ON MARKET
1 Yr High 1 Yr Low
127
45
0
101%
LIST PRICE TO SALE PRICE RATIO
200
Jul 2016
$235 $220
150
3 Mo Avg
$232
$200
100
127
1 Yr Low
$196
$180
50
1 Yr High
$235
$160
127
NUMBER OF PENDING SALES
1 Yr High 1 Yr Low
122
0
$235
AVERAGE COST PER SQUARE FOOT
62
Jul 2016
$470,000 $200,000
156
3 Mo Avg
$507,000
Jul 2016
1 Yr High 1 Yr Low
$375,000
$0
127
NUMBER OF HOMES FOR SALE
20
40
60
80
3.44%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57% 3.44%
3.60% 3.50% 3.40% 3.30% 3.20% 3.10%
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-16
Jul-16
© 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
monthly real estate report
July 2016
$506,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$510,000
1 Yr Low 3 Mo Avg
$400,000
AVERAGE COST PER SQUARE FOOT
$600,000
$300
$400
3 Mo Avg
102%
104%
106%
108%
4.05% 3.91%
4.00%
3.89%
3.90%
18
3.94%
3.96%
3.80%
16
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.10%
200
16
Jul 2016
103% 100%
150
16
3 Mo Avg
104%
Jul 2016
100
37
1 Yr Low
100%
98%
50
1 Yr High
106%
96%
100
AVERAGE DAYS ON MARKET
1 Yr High 1 Yr Low
128
0
103%
LIST PRICE TO SALE PRICE RATIO
47
Jul 2016
$308 $200
100
3 Mo Avg
$297
Jul 2016
150
144
1 Yr Low
$247
$100
100
1 Yr High
$308
$0
50
NUMBER OF PENDING SALES
1 Yr High
3 Mo Avg
118 0
$308
1 Yr Low
101
Jul 2016
$506,000 $200,000
62
3 Mo Avg
$494,667
Jul 2016
123
1 Yr Low
$414,000
$0
118
NUMBER OF HOMES FOR SALE
10
20
30
40
3.44%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57% 3.44%
3.60% 3.50% 3.40% 3.30% 3.20% 3.10%
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-16
Jul-16
© 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
monthly real estate report MEDIAN SALE PRICE
July 2016
$800,000
1 Yr High
$907,000
1 Yr Low 3 Mo Avg
$200,000 $400,000 $600,000 $800,000$1,000,000
3 Mo Avg Jul 2016 $400
$600
102%
Jul 2016
101% 100%
102%
3.91%
3.89%
3.90%
23
Jul 2016
23
104%
3.94%
3.96%
3.80%
150
23
20
3 Mo Avg
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.05%
100
66
1 Yr Low
3 Mo Avg
4.00%
50
1 Yr High
99%
4.10%
91
AVERAGE DAYS ON MARKET 103%
98%
100
0
101%
1 Yr High
96%
43
Jul 2016
$488
150
91
3 Mo Avg
$469
1 Yr Low
100
108
1 Yr Low
$370
LIST PRICE TO SALE PRICE RATIO
50
1 Yr High
$488
$200
101
NUMBER OF PENDING SALES
1 Yr High
$0
105
0
$488
1 Yr Low
48
Jul 2016
$800,000
AVERAGE COST PER SQUARE FOOT
128
3 Mo Avg
$832,000
Jul 2016
1 Yr High 1 Yr Low
$660,000
$0
101
NUMBER OF HOMES FOR SALE
20
40
60
80
3.44%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57% 3.44%
3.60% 3.50% 3.40% 3.30% 3.20% 3.10%
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-16
Jul-16
© 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
monthly real estate report MEDIAN SALE PRICE
July 2016
$825,000
1 Yr High
1 Yr High
$846,000
1 Yr Low 3 Mo Avg
$825,000
3 Mo Avg
Jul 2016
$825,000
Jul 2016
$200,000 $400,000 $600,000 $800,000$1,000,000
AVERAGE COST PER SQUARE FOOT
3 Mo Avg
$321
3 Mo Avg
Jul 2016
$324
Jul 2016
$300
$400
Jul 2016 98%
100%
102%
104%
4.05% 3.91%
4.00%
3.89%
3.90%
3.94%
3.96%
3.80%
100
150
17 49
17 19 17
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.10%
50
Jul 2016
102% 96%
100
3 Mo Avg
103%
94%
118
1 Yr Low
98%
200
100
1 Yr High
103%
3 Mo Avg
150
57
AVERAGE DAYS ON MARKET
1 Yr High 1 Yr Low
100
127
0
102%
LIST PRICE TO SALE PRICE RATIO
50
1 Yr Low
$260
$200
152
1 Yr High
$330
$100
129
NUMBER OF PENDING SALES
1 Yr High
$0
64
0
$324
1 Yr Low
154
1 Yr Low
$649,000
$0
152
NUMBER OF HOMES FOR SALE
20
40
60
3.44%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57% 3.44%
3.60% 3.50% 3.40% 3.30% 3.20% 3.10%
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-16
Jul-16
© 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
monthly real estate report
July 2016
$1,283,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$1,958,000
1 Yr Low
$1,000,000
$2,000,000
$3,000,000
$4,000,000
$576
AVERAGE COST PER SQUARE FOOT 1 Yr High
Jul 2016 $400
LIST PRICE TO SALE PRICE RATIO
$600
$800
95%
3.91%
3.89%
3.90%
10
20
105%
3.94%
3.96%
3.80%
30
40
28 68
19 24
Jul 2016
100%
4.05% 4.00%
29
3 Mo Avg
28
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.10%
30
1 Yr Low
99% 90%
29
1 Yr High
99%
100
9
AVERAGE DAYS ON MARKET
95%
Jul 2016
80
33
0
103%
3 Mo Avg
60
Jul 2016
99%
1 Yr High 1 Yr Low
40
3 Mo Avg
$576 $200
20
1 Yr Low $519
$0
0
1 Yr High
$409
3 Mo Avg
93
NUMBER OF PENDING SALES $678
1 Yr Low
76
Jul 2016
$1,283,000 $0
25
3 Mo Avg
$1,416,000
Jul 2016
93
1 Yr Low
$1,062,000
3 Mo Avg
93
NUMBER OF HOMES FOR SALE
20
40
60
80
3.44%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57% 3.44%
3.60% 3.50% 3.40% 3.30% 3.20% 3.10%
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-16
Jul-16
© 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
monthly real estate report
July 2016
$1,545,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$1,931,000
1 Yr Low
$1,000,000
$2,000,000
$3,000,000
$4,000,000
$592
AVERAGE COST PER SQUARE FOOT 1 Yr High
$588
3 Mo Avg
Jul 2016
$592
Jul 2016
$400
$600
$800
1 Yr High
98%
100%
102%
4.05% 3.91%
4.00%
3.89%
3.90%
3.94%
40
3.96%
3.80%
60
21 83
21 27 21
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.10%
20
Jul 2016
100% 96%
37
3 Mo Avg
100%
94%
46
1 Yr Low
Jul 2016
37
1 Yr High
96%
3 Mo Avg
150
23
AVERAGE DAYS ON MARKET
100%
1 Yr Low
100
51
0
100%
LIST PRICE TO SALE PRICE RATIO
50
1 Yr Low
3 Mo Avg
$200
0
1 Yr High
$520
$0
121
NUMBER OF PENDING SALES $718
1 Yr Low
111
Jul 2016
$1,545,000 $0
50
3 Mo Avg
$1,778,333
Jul 2016
121
1 Yr Low
$1,545,000
3 Mo Avg
121
NUMBER OF HOMES FOR SALE
50
100
3.44%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57% 3.44%
3.60% 3.50% 3.40% 3.30% 3.20% 3.10%
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-16
Jul-16
© 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
monthly real estate report MEDIAN SALE PRICE
July 2016
$718,000
1 Yr High
1 Yr High
$750,000
1 Yr Low
Jul 2016
$550,000 $600,000 $650,000 $700,000 $750,000 $800,000
$390
$100
$200
LIST PRICE TO SALE PRICE RATIO
$300
$500
108%
4.05% 3.91%
4.00%
3.89%
3.90%
12
3.94%
3.96%
3.80%
10
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.10%
10
10
Jul 2016 106%
150
32
3 Mo Avg
103% 104%
100
1 Yr High
105%
102%
50
1 Yr Low
3 Mo Avg
100%
80
AVERAGE DAYS ON MARKET
101%
98%
96
0
106%
Jul 2016
36
Jul 2016
103%
1 Yr High 1 Yr Low
80
3 Mo Avg
$400
150
104
1 Yr Low
$390 $0
100
1 Yr High
$360
Jul 2016
50
NUMBER OF PENDING SALES
$297
3 Mo Avg
85 0
$390
1 Yr Low
79
Jul 2016
$718,000
1 Yr High
31
3 Mo Avg
$727,667
AVERAGE COST PER SQUARE FOOT
102
1 Yr Low
$638,000
3 Mo Avg
85
NUMBER OF HOMES FOR SALE
10
20
30
40
3.44%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57% 3.44%
3.60% 3.50% 3.40% 3.30% 3.20% 3.10%
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-16
Jul-16
© 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
monthly real estate report MEDIAN SALE PRICE
July 2016
$768,000
1 Yr High
1 Yr High
$768,000
1 Yr Low
Jul 2016
$550,000 $600,000 $650,000 $700,000 $750,000 $800,000
$293
$280
$300
99% 102%
Jul 2016
101% 96%
98%
100%
102%
4.05% 3.91%
4.00%
3.89%
3.90%
229 100
200
16
3 Mo Avg
16
Jul 2016
17
104%
3.94%
3.96%
3.80%
300
400
17 47
1 Yr Low
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.10%
269
1 Yr High
103%
3 Mo Avg
63
AVERAGE DAYS ON MARKET
1 Yr High 1 Yr Low
304
0
101%
LIST PRICE TO SALE PRICE RATIO
400
229
Jul 2016
$293 $260
300
3 Mo Avg
$286
Jul 2016
200
1 Yr High 1 Yr Low
3 Mo Avg
$240
100
NUMBER OF PENDING SALES
$250
$220
277 0
$293
1 Yr Low
254
Jul 2016
$768,000
1 Yr High
134
3 Mo Avg
$725,667
AVERAGE COST PER SQUARE FOOT
307
1 Yr Low
$650,000
3 Mo Avg
277
NUMBER OF HOMES FOR SALE
20
40
60
3.44%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57% 3.44%
3.60% 3.50% 3.40% 3.30% 3.20% 3.10%
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-16
Jul-16
© 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
monthly real estate report
July 2016
$672,000
MEDIAN SALE PRICE 1 Yr High
$739,000
1 Yr Low 3 Mo Avg
$400,000
AVERAGE COST PER SQUARE FOOT
$600,000
$800,000
Jul 2016
$300
3 Mo Avg
102%
104%
3.91%
3.89%
3.90%
3.94%
3.96%
3.80%
18
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.05%
18
23
Jul 2016
102% 100%
150
18
3 Mo Avg
102%
Jul 2016
100
61
1 Yr Low
99%
4.00%
50
1 Yr High
103%
4.10%
93
AVERAGE DAYS ON MARKET
1 Yr High
98%
101
0
102%
LIST PRICE TO SALE PRICE RATIO
45
Jul 2016
$289 $280
150
93
3 Mo Avg
$293
$260
100
107
1 Yr Low
3 Mo Avg
96%
50
1 Yr High
$261
1 Yr Low
121
NUMBER OF PENDING SALES $295
$240
112
0
$289
1 Yr High 1 Yr Low
57
Jul 2016
$672,000 $200,000
133
3 Mo Avg
$699,000
Jul 2016
1 Yr High 1 Yr Low
$594,000
$0
121
NUMBER OF HOMES FOR SALE
20
40
60
80
3.44%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57% 3.44%
3.60% 3.50% 3.40% 3.30% 3.20% 3.10%
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-16
Jul-16
© 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
monthly real estate report MEDIAN SALE PRICE
July 2016
$933,000
1 Yr High
1 Yr High
$1,000,000
1 Yr Low 3 Mo Avg
$936,667
3 Mo Avg
Jul 2016
$933,000
Jul 2016
$500,000
$1,000,000
$1,500,000
$399
AVERAGE COST PER SQUARE FOOT 1 Yr High
Jul 2016
$399 $100
$200
LIST PRICE TO SALE PRICE RATIO
$300
$400
101%
Jul 2016
3 Mo Avg
90
Jul 2016
91
100%
102%
4.05% 3.91%
4.00%
3.89%
3.90%
104%
3.94%
3.96%
3.80%
100
150
17 51
15 20
Jul 2016
17
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.10%
50
3 Mo Avg
101% 98%
91
1 Yr High
102%
150
41
1 Yr Low
3 Mo Avg
100
100
AVERAGE DAYS ON MARKET
97%
96%
50
0
103%
94%
0
$500
1 Yr High 1 Yr Low
115
1 Yr Low $388
$0
100
1 Yr High
$331
3 Mo Avg
64
NUMBER OF PENDING SALES
$404
1 Yr Low
136
1 Yr Low
$761,000
$0
115
NUMBER OF HOMES FOR SALE
20
40
60
3.44%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57% 3.44%
3.60% 3.50% 3.40% 3.30% 3.20% 3.10%
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-16
Jul-16
© 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
monthly real estate report
July 2016
$615,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$650,000
1 Yr Low 3 Mo Avg
$400,000
AVERAGE COST PER SQUARE FOOT
$600,000
$800,000
$282
3 Mo Avg
Jul 2016
$277
Jul 2016
$200
$300
$400
200 50
100
99%
1 Yr Low
23
102%
3 Mo Avg
24
Jul 2016
102%
Jul 2016
24
98%
100%
102%
104%
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.05% 3.91%
4.10% 4.00%
3.89%
3.90%
3.94%
3.96%
3.80%
200
250
24 60
3 Mo Avg
96%
150
1 Yr High
103%
1 Yr Low
200
205
AVERAGE DAYS ON MARKET
1 Yr High
400
79
0
102%
LIST PRICE TO SALE PRICE RATIO
300
222
1 Yr Low
3 Mo Avg
$100
200
1 Yr High
$241
$0
100
NUMBER OF PENDING SALES
$291
1 Yr Low
229 0
$277
1 Yr High
218
Jul 2016
$615,000 $200,000
147
3 Mo Avg
$630,000
Jul 2016
311
1 Yr Low
$508,000
$0
229
NUMBER OF HOMES FOR SALE
20
40
60
80
3.44%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57% 3.44%
3.60% 3.50% 3.40% 3.30% 3.20% 3.10%
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-16
Jul-16
© 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
monthly real estate report
July 2016
$787,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$970,000
1 Yr Low
$500,000
$1,000,000
$1,500,000
3 Mo Avg
$425
3 Mo Avg
Jul 2016
$427
Jul 2016
$400
$450
3 Mo Avg
100%
101%
102%
103%
104%
4.05% 3.91%
4.00%
3.89%
3.90%
60
3.94%
3.96%
3.80%
80
100
23 50
14 24 23
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.10%
40
Jul 2016
100% 99%
20
3 Mo Avg
102%
98%
67
1 Yr Low
100%
Jul 2016
73
1 Yr High
103%
1 Yr Low
100
67
AVERAGE DAYS ON MARKET
1 Yr High
80
30
0
100%
LIST PRICE TO SALE PRICE RATIO
60
90
1 Yr Low
$372
$350
40
1 Yr High
$444
$300
20
NUMBER OF PENDING SALES
1 Yr High 1 Yr Low
88 0
$427
AVERAGE COST PER SQUARE FOOT
79
Jul 2016
$787,000 $0
42
3 Mo Avg
$902,333
Jul 2016
88
1 Yr Low
$700,000
3 Mo Avg
88
NUMBER OF HOMES FOR SALE
20
40
60
3.44%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57% 3.44%
3.60% 3.50% 3.40% 3.30% 3.20% 3.10%
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-16
Jul-16
© 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
monthly real estate report
July 2016
$675,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$680,000
1 Yr Low 3 Mo Avg
$675,000
3 Mo Avg
Jul 2016
$675,000
Jul 2016
$550,000
$600,000
AVERAGE COST PER SQUARE FOOT
$650,000
$700,000
Jul 2016 $360
$380
1 Yr High
104%
106%
4.05% 3.91%
4.00%
3.89%
3.90%
100
200
108%
110%
3.94%
3.96%
3.80%
300
13 26
10 14
Jul 2016
13
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.10%
212
3 Mo Avg
104% 102%
230
1 Yr Low 105%
100%
76
1 Yr High
102%
98%
212
AVERAGE DAYS ON MARKET 108%
3 Mo Avg
200
251
0
104%
LIST PRICE TO SALE PRICE RATIO
150
Jul 2016
$374 $340
100
3 Mo Avg
$368
Jul 2016
50
1 Yr Low
3 Mo Avg
1 Yr Low
150
1 Yr High
$326
$320
120
NUMBER OF PENDING SALES $374
$300
49
0
$374
1 Yr High 1 Yr Low
150
1 Yr Low
$575,000
$500,000
150
NUMBER OF HOMES FOR SALE
10
20
30
3.44%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57% 3.44%
3.60% 3.50% 3.40% 3.30% 3.20% 3.10%
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-16
Jul-16
© 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
monthly real estate report
July 2016
$688,000
MEDIAN SALE PRICE 1 Yr High
$739,000
1 Yr Low
1 Yr High
3 Mo Avg
$681,000
3 Mo Avg
Jul 2016
$688,000
Jul 2016
$200,000
$400,000
$600,000
$800,000
Jul 2016 $300
$400
$500
1 Yr High
102%
104%
106%
108%
4.05% 3.89%
3.90%
150
3.94%
200
21 26 12 16
3.96%
3.80%
21
0
AVERAGE 30-YEAR FIXED INTEREST RATE 3.91%
100
Jul 2016
103%
4.00%
50
3 Mo Avg
105%
4.10%
110
1 Yr Low
3 Mo Avg
100%
132
1 Yr High
102%
Jul 2016
43
AVERAGE DAYS ON MARKET 106%
1 Yr Low
151
0
103%
LIST PRICE TO SALE PRICE RATIO
150
110
Jul 2016
$413 $200
100
3 Mo Avg
$373
$100
50
1 Yr Low
$319
$0
99
1 Yr High
$413
3 Mo Avg
80
NUMBER OF PENDING SALES
1 Yr High 1 Yr Low
42
0
$413
AVERAGE COST PER SQUARE FOOT
107
1 Yr Low
$561,000
$0
99
NUMBER OF HOMES FOR SALE
10
20
30
3.44%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57% 3.44%
3.60% 3.50% 3.40% 3.30% 3.20% 3.10%
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-16
Jul-16
© 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