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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.
AUGUST 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
August 2016
$539,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$573,000
1 Yr Low 3 Mo Avg
$529,667
3 Mo Avg
Aug 2016
$539,000
Aug 2016
$200,000
$400,000
$600,000
$800,000
$324
AVERAGE COST PER SQUARE FOOT 1 Yr High
68 156 163 0
50
100
150
200
185
NUMBER OF PENDING SALES 1 Yr High
$329
1 Yr Low
168
1 Yr Low
$447,000
$0
163
NUMBER OF HOMES FOR SALE
206
1 Yr Low
$272
85
3 Mo Avg
$325
3 Mo Avg
187
Aug 2016
$324
Aug 2016
185
$0
$100
$200
$300
$400
0
102%
LIST PRICE TO SALE PRICE RATIO 1 Yr High
102%
104%
106%
4.10%
3.91%
3.89%
3.90%
3.94%
3.96%
3.80%
18
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
18
17
Aug 2016
102% 100%
250
12
3 Mo Avg
103%
98%
200
35
1 Yr Low
3 Mo Avg
150
1 Yr High
101%
Aug 2016
100
AVERAGE DAYS ON MARKET 105%
1 Yr Low
50
10
20
30
40
3.43%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57%
3.60%
3.44%
3.43%
Jul-16
Aug-16
3.50% 3.40% 3.30% 3.20% 3.10%
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-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
August 2016
$475,000
1 Yr High
$551,000
1 Yr Low 3 Mo Avg
$400,000
$600,000
3 Mo Avg
$220
$240
3 Mo Avg
101%
102%
103%
4.10%
3.91%
3.89%
3.94%
30
3.96%
3.80%
22 30
0
AVERAGE 30-YEAR FIXED INTEREST RATE
3.90%
150
15
Aug 2016
101% 100%
100
70
3 Mo Avg
101%
Aug 2016
4.00%
50
1 Yr Low
99%
99%
114
1 Yr High
102%
98%
122
AVERAGE DAYS ON MARKET
1 Yr High
97%
45
0
101%
LIST PRICE TO SALE PRICE RATIO
200
114
Aug 2016
$223 $200
150
3 Mo Avg
$228
Aug 2016
100
127
1 Yr Low
$202
1 Yr Low
50
1 Yr High
$235
$180
156
NUMBER OF PENDING SALES
1 Yr High 1 Yr Low
136
0
$223
AVERAGE COST PER SQUARE FOOT
62
Aug 2016
$475,000 $200,000
156
3 Mo Avg
$498,667
Aug 2016
1 Yr High 1 Yr Low
$375,000
$0
156
NUMBER OF HOMES FOR SALE
20
40
60
80
3.43%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57%
3.60%
3.44%
3.43%
Jul-16
Aug-16
3.50% 3.40% 3.30% 3.20% 3.10%
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-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
August 2016
$531,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$531,000
1 Yr Low 3 Mo Avg
$400,000
$600,000
Aug 2016 $200
$300
$400
3 Mo Avg
102%
104%
106%
108%
4.10%
3.91%
3.89%
3.90%
3.94%
17
3.96%
3.80%
17
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
200
18
Aug 2016
102% 100%
150
16
3 Mo Avg
103%
98%
100
37
1 Yr Low
100%
96%
50
1 Yr High
106%
Aug 2016
112
AVERAGE DAYS ON MARKET
1 Yr High 1 Yr Low
119
0
102%
LIST PRICE TO SALE PRICE RATIO
47
Aug 2016
$319 $100
112
3 Mo Avg
$305
150
144
1 Yr Low
$247
$0
100
1 Yr High
$319
3 Mo Avg
50
NUMBER OF PENDING SALES
1 Yr High 1 Yr Low
139 0
$319
AVERAGE COST PER SQUARE FOOT
118
Aug 2016
$531,000 $200,000
62
3 Mo Avg
$511,667
Aug 2016
139
1 Yr Low
$414,000
$0
139
NUMBER OF HOMES FOR SALE
10
20
30
40
3.43%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57%
3.60%
3.44%
3.43%
Jul-16
Aug-16
3.50% 3.40% 3.30% 3.20% 3.10%
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-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
August 2016
$756,000
1 Yr High
$907,000
1 Yr Low
1 Yr High
3 Mo Avg
$781,667
3 Mo Avg
Aug 2016
$756,000
Aug 2016
$200,000 $400,000 $600,000 $800,000$1,000,000
AVERAGE COST PER SQUARE FOOT
3 Mo Avg
$458 $427 $400
100
100%
102%
4.10%
3.91%
3.89%
3.90%
3.94%
3.96%
3.80%
100
150
18 66
18 22
Aug 2016 104%
18
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
50
3 Mo Avg
102% 98%
Aug 2016
1 Yr Low 102%
96%
100
1 Yr High
99%
Aug 2016
100
43
0
103%
3 Mo Avg
150
108
AVERAGE DAYS ON MARKET
1 Yr High 1 Yr Low
100
3 Mo Avg
$600
102%
LIST PRICE TO SALE PRICE RATIO
50
1 Yr Low
$370
$200
95
1 Yr High
$488
$0
101
NUMBER OF PENDING SALES
1 Yr High
Aug 2016
48
0
$427
1 Yr Low
128
1 Yr Low
$680,000
$0
95
NUMBER OF HOMES FOR SALE
20
40
60
80
3.43%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57%
3.60%
3.44%
3.43%
Jul-16
Aug-16
3.50% 3.40% 3.30% 3.20% 3.10%
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-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
August 2016
$782,000
1 Yr High
1 Yr High
$846,000
1 Yr Low 3 Mo Avg
$817,667
3 Mo Avg
Aug 2016
$782,000
Aug 2016
$200,000 $400,000 $600,000 $800,000$1,000,000
AVERAGE COST PER SQUARE FOOT
64 141 149 0
$327
50
100
150
200
112
NUMBER OF PENDING SALES
1 Yr High
1 Yr High
$330
1 Yr Low
152
1 Yr Low
$649,000
$0
149
NUMBER OF HOMES FOR SALE
127
1 Yr Low
$260
57
3 Mo Avg
$327
3 Mo Avg
113
Aug 2016
$327
Aug 2016
112
$0
$100
$200
$300
$400
0
102%
LIST PRICE TO SALE PRICE RATIO
3 Mo Avg Aug 2016 100%
102%
104%
4.10%
3.91%
3.89%
3.90%
3.94%
3.96%
3.80%
25
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
20
Aug 2016
102% 98%
17
3 Mo Avg
102%
96%
49
1 Yr Low
98%
150
25
1 Yr High
103%
94%
100
AVERAGE DAYS ON MARKET
1 Yr High 1 Yr Low
50
20
40
60
3.43%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57%
3.60%
3.44%
3.43%
Jul-16
Aug-16
3.50% 3.40% 3.30% 3.20% 3.10%
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-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
August 2016
$1,560,000
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
$478
AVERAGE COST PER SQUARE FOOT 1 Yr High
$200
$400
LIST PRICE TO SALE PRICE RATIO
$600
$800
100%
95%
4.10%
3.91%
3.89%
3.90%
50 20
100%
3.94%
40
34
3.96%
19 27
Aug 2016 105%
3.80%
60
68
3 Mo Avg
34
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
37
1 Yr Low
100% 90%
9
1 Yr High
100%
100
50
AVERAGE DAYS ON MARKET
95%
Aug 2016
80
50
0
103%
3 Mo Avg
60
Aug 2016
1 Yr High 1 Yr Low
40
3 Mo Avg
$478 $0
20
1 Yr Low $514
Aug 2016
0
1 Yr High
$409
3 Mo Avg
81
NUMBER OF PENDING SALES $678
1 Yr Low
84
Aug 2016
$1,560,000 $0
25
3 Mo Avg
$1,414,333
Aug 2016
93
1 Yr Low
$1,062,000
3 Mo Avg
81
NUMBER OF HOMES FOR SALE
20
40
60
80
3.43%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57%
3.60%
3.44%
3.43%
Jul-16
Aug-16
3.50% 3.40% 3.30% 3.20% 3.10%
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-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
August 2016
$2,243,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$2,243,000
1 Yr Low
$1,000,000
$2,000,000
$3,000,000
$4,000,000
$598
AVERAGE COST PER SQUARE FOOT 1 Yr High
$200
$400
$600
1 Yr High
$800
96%
4.10%
3.91%
3.89%
3.90%
20
40
59
21 39
Aug 2016 98%
100%
102%
3.94%
3.96%
3.80%
60
83
3 Mo Avg
59
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
46
1 Yr Low
96% 94%
45
1 Yr High
98%
Aug 2016
23
AVERAGE DAYS ON MARKET
96%
3 Mo Avg
46 51
0
100%
1 Yr Low
150
Aug 2016
96%
LIST PRICE TO SALE PRICE RATIO
100
3 Mo Avg
$598
$0
50
1 Yr Low
$579
Aug…
0
1 Yr High
$520
3 Mo Avg
114
NUMBER OF PENDING SALES $718
1 Yr Low
116
Aug 2016
$2,243,000 $0
50
3 Mo Avg
$1,906,333
Aug 2016
121
1 Yr Low
$1,545,000
3 Mo Avg
114
NUMBER OF HOMES FOR SALE
50
100
3.43%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57%
3.60%
3.44%
3.43%
Jul-16
Aug-16
3.50% 3.40% 3.30% 3.20% 3.10%
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-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
August 2016
$754,000
1 Yr High
1 Yr High
$754,000
1 Yr Low
Aug 2016
$550,000 $600,000 $650,000 $700,000 $750,000 $800,000
$336
$100
$200
LIST PRICE TO SALE PRICE RATIO
$300
$500
102%
3 Mo Avg
106%
108%
4.10%
3.91%
3.89%
3.90%
3.94%
15
12
3.96%
3.80%
15
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
150
10
Aug 2016 104%
100
32
1 Yr Low
101% 100%
50
1 Yr High
103%
98%
100
AVERAGE DAYS ON MARKET
101%
Aug 2016
94
0
101%
100
36
Aug 2016
106%
3 Mo Avg
80
100
3 Mo Avg
$400
1 Yr High 1 Yr Low
60
104
1 Yr Low
$336 $0
40
1 Yr High
$359
Aug 2016
20
NUMBER OF PENDING SALES
$297
3 Mo Avg
63 0
$390
1 Yr Low
78
Aug 2016
$754,000
1 Yr High
31
3 Mo Avg
$729,000
AVERAGE COST PER SQUARE FOOT
86
1 Yr Low
$645,000
3 Mo Avg
63
NUMBER OF HOMES FOR SALE
10
20
30
40
3.43%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57%
3.60%
3.44%
3.43%
Jul-16
Aug-16
3.50% 3.40% 3.30% 3.20% 3.10%
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-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
August 2016
$774,000
1 Yr High
1 Yr High
$774,000
1 Yr Low 3 Mo Avg
$756,667
Aug 2016
$774,000
273
Aug 2016
277 0
$287
1 Yr High
$280
$300
1 Yr High
102%
104%
4.10% 4.00%
3.91%
3.89%
3.90%
3.94%
3.96%
3.80%
24
24
0
AVERAGE 30-YEAR FIXED INTEREST RATE
400
19
Aug 2016
101% 100%
300
16
3 Mo Avg
101%
Aug 2016
200
47
1 Yr Low
3 Mo Avg
98%
100
1 Yr High
99%
96%
196
AVERAGE DAYS ON MARKET 103%
1 Yr Low
233
0
101%
LIST PRICE TO SALE PRICE RATIO
63
Aug 2016
$287 $260
196
3 Mo Avg
$289
Aug 2016
300
304
1 Yr Low
3 Mo Avg
200
1 Yr High
$250
$240
100
NUMBER OF PENDING SALES $293
$220
134
3 Mo Avg
$550,000 $600,000 $650,000 $700,000 $750,000 $800,000
1 Yr Low
277
1 Yr Low
$650,000
AVERAGE COST PER SQUARE FOOT
277
NUMBER OF HOMES FOR SALE
20
40
60
3.43%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57%
3.60%
3.44%
3.43%
Jul-16
Aug-16
3.50% 3.40% 3.30% 3.20% 3.10%
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-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
August 2016
$725,000
MEDIAN SALE PRICE 1 Yr High
$739,000
1 Yr Low 3 Mo Avg
$725,000 $200,000
$400,000
AVERAGE COST PER SQUARE FOOT
$600,000
$280
Aug 2016
$280
$300
Aug 2016 100%
102%
3.96%
3.80%
150
24
18 21
Aug 2016 104%
24
0
AVERAGE 30-YEAR FIXED INTEREST RATE 3.94%
100
61
3 Mo Avg
101%
3.89%
50
1 Yr Low 102%
3.91%
84
1 Yr High
99%
3 Mo Avg
4.10%
95
0
103%
3.90%
45
AVERAGE DAYS ON MARKET
1 Yr High
4.00%
107
Aug 2016
101%
LIST PRICE TO SALE PRICE RATIO
150
84
3 Mo Avg
$280 $260
100
1 Yr High
$288
98%
50
1 Yr Low
3 Mo Avg
96%
125
NUMBER OF PENDING SALES
$261
1 Yr Low
122
0
$295
$240
57
Aug 2016
$800,000
1 Yr High 1 Yr Low
125
3 Mo Avg
$702,333
Aug 2016
1 Yr High 1 Yr Low
$594,000
$0
125
NUMBER OF HOMES FOR SALE
20
40
60
80
3.43%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57%
3.60%
3.44%
3.43%
Jul-16
Aug-16
3.50% 3.40% 3.30% 3.20% 3.10%
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-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
August 2016
$879,000
1 Yr High
1 Yr High
$1,000,000
1 Yr Low 3 Mo Avg
$899,667
3 Mo Avg
Aug 2016
$879,000
Aug 2016
$500,000
$1,000,000
$1,500,000
$381
AVERAGE COST PER SQUARE FOOT 1 Yr High
64 111 115 0
50
100
150
91
NUMBER OF PENDING SALES 1 Yr High
$404
1 Yr Low
136
1 Yr Low
$761,000
$0
115
NUMBER OF HOMES FOR SALE
93
1 Yr Low
$331
41
3 Mo Avg
$385
3 Mo Avg
92
Aug 2016
$381
Aug 2016
91
$0
$100
$200
LIST PRICE TO SALE PRICE RATIO
$300
$400
$500
0
101%
1 Yr High
96%
98%
100%
102%
104%
4.10%
3.91%
3.89%
3.90%
3.94%
3.96%
3.80%
26
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
26
21
Aug 2016
101%
100
15
3 Mo Avg
101%
Aug 2016
80
51
1 Yr Low
3 Mo Avg
60
1 Yr High
97%
94%
40
AVERAGE DAYS ON MARKET 103%
1 Yr Low
20
20
40
60
3.43%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57%
3.60%
3.44%
3.43%
Jul-16
Aug-16
3.50% 3.40% 3.30% 3.20% 3.10%
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-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
August 2016
$621,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$650,000
1 Yr Low 3 Mo Avg
$620,333
3 Mo Avg
Aug 2016
$621,000
Aug 2016
$200,000
$400,000
AVERAGE COST PER SQUARE FOOT
$600,000
$800,000
220 202 100
200
300
400
196
NUMBER OF PENDING SALES 1 Yr High
$291
1 Yr Low
147
0
$275
1 Yr High
288
1 Yr Low
$508,000
$0
202
NUMBER OF HOMES FOR SALE
222
1 Yr Low
$242
79
3 Mo Avg
$281
3 Mo Avg
196
Aug 2016
$275
Aug 2016
196
$0
$100
$200
$300
$400
0
101%
LIST PRICE TO SALE PRICE RATIO
99% 102%
Aug 2016
101% 96%
98%
100%
102%
4.10%
3.91%
3.89%
3.90%
3.94%
3.96%
3.80%
200
23
3 Mo Avg
24
Aug 2016
25
104%
250
25 60
1 Yr Low
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
150
1 Yr High
103%
3 Mo Avg
100
AVERAGE DAYS ON MARKET
1 Yr High 1 Yr Low
50
20
40
60
80
3.43%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57%
3.60%
3.44%
3.43%
Jul-16
Aug-16
3.50% 3.40% 3.30% 3.20% 3.10%
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-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
August 2016
$870,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$970,000
1 Yr Low 3 Mo Avg
$869,000
3 Mo Avg
Aug 2016
$870,000
Aug 2016
$500,000
$1,000,000
$1,500,000
3 Mo Avg Aug 2016 $400
$450
4.10%
3.91%
3.89%
3.90%
20
40
101%
102%
3.94%
60
103%
3.96%
3.80%
80
104%
100
21 50
14 23
Aug 2016
21
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
68
3 Mo Avg
100% 100%
65
1 Yr Low 101%
99%
30
1 Yr High
100%
98%
100
68
AVERAGE DAYS ON MARKET 103%
Aug 2016
80
90
0
100%
1 Yr High
3 Mo Avg
60
Aug 2016
$440
1 Yr Low
40
3 Mo Avg
$432
LIST PRICE TO SALE PRICE RATIO
20
1 Yr Low
$378
$350
75
1 Yr High
$444
$300
79
NUMBER OF PENDING SALES
1 Yr High 1 Yr Low
42
0
$440
AVERAGE COST PER SQUARE FOOT
88
1 Yr Low
$700,000
$0
75
NUMBER OF HOMES FOR SALE
20
40
60
3.43%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57%
3.60%
3.44%
3.43%
Jul-16
Aug-16
3.50% 3.40% 3.30% 3.20% 3.10%
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-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
August 2016
$644,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$680,000
1 Yr Low 3 Mo Avg
$600,000
AVERAGE COST PER SQUARE FOOT
$650,000
$700,000
$372
Aug 2016
$377 $350
1 Yr High
105% 104% 100%
102%
222
104%
106%
108%
4.10%
3.91%
3.89%
3.90%
3.94%
3.96%
3.80%
200
300
14 26
10
3 Mo Avg
14
Aug 2016
14
110%
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
100
1 Yr Low
3 Mo Avg
98%
Aug 2016
1 Yr High
102%
Aug 2016
220
AVERAGE DAYS ON MARKET 108%
1 Yr Low
76
0
104%
200
222
3 Mo Avg
$400
LIST PRICE TO SALE PRICE RATIO
150
251
1 Yr Low
3 Mo Avg
100
1 Yr High
$326
$300
50
NUMBER OF PENDING SALES
$377
1 Yr Low
107 0
$377
1 Yr High
120
Aug 2016
$644,000 $550,000
49
3 Mo Avg
$666,333
$500,000
150
1 Yr Low
$575,000
Aug 2016
107
NUMBER OF HOMES FOR SALE
10
20
30
3.43%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57%
3.60%
3.44%
3.43%
Jul-16
Aug-16
3.50% 3.40% 3.30% 3.20% 3.10%
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-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
August 2016
$652,000
MEDIAN SALE PRICE 1 Yr High
$739,000
1 Yr Low 3 Mo Avg
$400,000
$600,000
$800,000
$373 $347 $0
$100
$200
$300
$400
1 Yr High
123
104%
106%
4.10%
3.91%
3.89%
3.94%
3.96%
3.80%
150
200
14 26 12 16
Aug 2016
105%
3.90%
100
3 Mo Avg
108%
14
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
50
1 Yr Low
Aug 2016 102%
Aug 2016
1 Yr High
105%
100%
122
AVERAGE DAYS ON MARKET
102%
3 Mo Avg
123
43
0
106%
1 Yr Low
150
3 Mo Avg
$500
105%
LIST PRICE TO SALE PRICE RATIO
100
151
1 Yr Low
$322
Aug 2016
50
1 Yr High
$413
3 Mo Avg
96
NUMBER OF PENDING SALES
1 Yr High 1 Yr Low
89
0
$347
AVERAGE COST PER SQUARE FOOT
42
Aug 2016
$652,000 $200,000
103
3 Mo Avg
$682,333
Aug 2016
1 Yr High 1 Yr Low
$561,000
$0
96
NUMBER OF HOMES FOR SALE
10
20
30
3.43%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57%
3.60%
3.44%
3.43%
Jul-16
Aug-16
3.50% 3.40% 3.30% 3.20% 3.10%
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-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