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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.
September 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
September 2016
$528,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$573,000
1 Yr Low 3 Mo Avg
$522,333
3 Mo Avg
Sep 2016
$528,000
Sep 2016
$200,000
$400,000
$600,000
$800,000
$315
AVERAGE COST PER SQUARE FOOT
3 Mo Avg
$300
$400
1 Yr High
98%
100%
102%
4.10%
3.89%
3.90%
3.94%
166 50
100
104%
3.96%
3.80%
150
200
106%
250
17 35
12 16
Sep 2016
17
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
166
174
3 Mo Avg
102%
250
85
1 Yr Low 102%
Sep 2016
200
1 Yr High
101%
3 Mo Avg
150
AVERAGE DAYS ON MARKET 105%
1 Yr Low
100
206
0
102%
LIST PRICE TO SALE PRICE RATIO
50
Sep 2016
$315 $200
0
3 Mo Avg
$323
$100
205
1 Yr Low
$272
$0
179
1 Yr High
$329
Sep 2016
68
NUMBER OF PENDING SALES
1 Yr High 1 Yr Low
205
1 Yr Low
$447,000
$0
205
NUMBER OF HOMES FOR SALE
10
20
30
40
3.46%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57%
3.60%
3.44%
3.43%
3.46%
Jul-16
Aug-16
Sep-16
3.50% 3.40% 3.30% 3.20% 3.10%
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
September 2016
$415,000
1 Yr High
$551,000
1 Yr Low 3 Mo Avg
$400,000
$600,000
3 Mo Avg
$229
3 Mo Avg
Sep 2016
$228
Sep 2016
$200
$220
$240
3 Mo Avg
99%
100%
101%
102%
103%
4.10%
3.89%
3.90%
3.94%
3.96%
3.80%
150
30 70
15 27 30
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
100
Sep 2016
100% 98%
50
3 Mo Avg
101%
97%
99
1 Yr Low
99%
Sep 2016
113
1 Yr High
102%
200
99
AVERAGE DAYS ON MARKET
1 Yr High
150
45
0
100%
LIST PRICE TO SALE PRICE RATIO
100
127
1 Yr Low
$202
1 Yr Low
50
1 Yr High
$235
$180
157
NUMBER OF PENDING SALES
1 Yr High 1 Yr Low
147
0
$228
AVERAGE COST PER SQUARE FOOT
62
Sep 2016
$415,000 $200,000
157
3 Mo Avg
$453,333
$0
1 Yr High 1 Yr Low
$375,000
Sep 2016
157
NUMBER OF HOMES FOR SALE
20
40
60
80
3.46%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57%
3.60%
3.44%
3.43%
3.46%
Jul-16
Aug-16
Sep-16
3.50% 3.40% 3.30% 3.20% 3.10%
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
September 2016
$505,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$531,000
1 Yr Low 3 Mo Avg
$514,000
3 Mo Avg
Sep 2016
$505,000
Sep 2016
$200,000
$400,000
$600,000
3 Mo Avg
$311
3 Mo Avg
Sep 2016
$307
Sep 2016
$200
$300
$400
100%
102%
104%
106%
108%
4.10%
3.89%
3.90%
3.94%
3.96%
3.80%
100
150
200
25 37
16 19 25
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
50
Sep 2016
102% 98%
127
3 Mo Avg
102%
96%
113
1 Yr Low
100%
Sep 2016
47
1 Yr High
106%
3 Mo Avg
150
127
AVERAGE DAYS ON MARKET
1 Yr High 1 Yr Low
100
144
0
102%
LIST PRICE TO SALE PRICE RATIO
50
1 Yr Low
$247
$100
140
1 Yr High
$319
$0
132
NUMBER OF PENDING SALES
1 Yr High 1 Yr Low
62
0
$307
AVERAGE COST PER SQUARE FOOT
140
1 Yr Low
$416,000
$0
140
NUMBER OF HOMES FOR SALE
10
20
30
40
3.46%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57%
3.60%
3.44%
3.43%
3.46%
Jul-16
Aug-16
Sep-16
3.50% 3.40% 3.30% 3.20% 3.10%
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
September 2016
$753,000
1 Yr High
$907,000
1 Yr Low
1 Yr High
3 Mo Avg
$769,667
3 Mo Avg
Sep 2016
$753,000
Sep 2016
$500,000
AVERAGE COST PER SQUARE FOOT
$1,000,000
$200
$400
$600
1 Yr High
98%
100%
4.10%
3.89%
3.90%
3.94%
3.96%
150
46
18 29
Sep 2016 102%
3.80%
100
66
3 Mo Avg
104%
46
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
50
1 Yr Low
100% 96%
71
1 Yr High
101%
Sep 2016
87
AVERAGE DAYS ON MARKET
99%
3 Mo Avg
71
43
0
103%
1 Yr Low
150
108
Sep 2016
100%
LIST PRICE TO SALE PRICE RATIO
100
3 Mo Avg
$433 $0
50
1 Yr Low $449
Sep 2016
128
1 Yr High
$370
3 Mo Avg
108
NUMBER OF PENDING SALES $488
1 Yr Low
48
0
$433
1 Yr High
128
1 Yr Low
$680,000
$0
128
NUMBER OF HOMES FOR SALE
20
40
60
80
3.46%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57%
3.60%
3.44%
3.43%
3.46%
Jul-16
Aug-16
Sep-16
3.50% 3.40% 3.30% 3.20% 3.10%
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
September 2016
$793,000
1 Yr High
1 Yr High
$846,000
1 Yr Low 3 Mo Avg
$800,000
3 Mo Avg
Sep 2016
$793,000
Sep 2016
$500,000
AVERAGE COST PER SQUARE FOOT
$1,000,000
3 Mo Avg
$327
3 Mo Avg
Sep 2016
$329
Sep 2016
$300
$400
Sep 2016 98%
100%
102%
104%
4.10%
3.89%
3.90%
3.94%
3.96%
3.80%
100
150
28 49
17 23 28
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
50
Sep 2016
101% 96%
96
3 Mo Avg
102%
94%
103
1 Yr Low
98%
200
57
1 Yr High
103%
3 Mo Avg
150
96
AVERAGE DAYS ON MARKET
1 Yr High 1 Yr Low
100
127
0
101%
LIST PRICE TO SALE PRICE RATIO
50
1 Yr Low
$260
$200
157
1 Yr High
$330
$100
153
NUMBER OF PENDING SALES
1 Yr High
$0
64
0
$329
1 Yr Low
157
1 Yr Low
$649,000
$0
157
NUMBER OF HOMES FOR SALE
20
40
60
3.46%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57%
3.60%
3.44%
3.43%
3.46%
Jul-16
Aug-16
Sep-16
3.50% 3.40% 3.30% 3.20% 3.10%
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
September 2016
$1,234,000
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
$502
AVERAGE COST PER SQUARE FOOT 1 Yr High
0
$519
3 Mo Avg
Sep 2016
$502
Sep 2016
$400
LIST PRICE TO SALE PRICE RATIO
$600
$800
Sep 2016 95%
4.10%
3.89%
3.90%
3.94%
40
100%
3.96%
3.80%
60
43 68
19 35
Sep 2016 105%
43
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
20
3 Mo Avg
96% 90%
24
1 Yr Low 98%
100
24
1 Yr High
95%
3 Mo Avg
80
34
AVERAGE DAYS ON MARKET 103%
1 Yr Low
60
9
0
96%
1 Yr High
40
50
1 Yr Low
3 Mo Avg
$200
20
1 Yr High
$425
$0
78
NUMBER OF PENDING SALES $678
1 Yr Low
84
Sep 2016
$1,234,000 $0
25
3 Mo Avg
$1,359,000
Sep 2016
93
1 Yr Low
$1,062,000
3 Mo Avg
78
NUMBER OF HOMES FOR SALE
20
40
60
80
3.46%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57%
3.60%
3.44%
3.43%
3.46%
Jul-16
Aug-16
Sep-16
3.50% 3.40% 3.30% 3.20% 3.10%
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
September 2016
$1,935,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$2,243,000
1 Yr Low 3 Mo Avg
$1,907,667
3 Mo Avg
Sep 2016
$1,935,000
Sep 2016
$1,000,000
$2,000,000
$3,000,000
$4,000,000
$585
AVERAGE COST PER SQUARE FOOT 1 Yr High
50 116 114 0
50
100
150
40
NUMBER OF PENDING SALES 1 Yr High
$718
1 Yr Low
121
1 Yr Low
$1,545,000
$0
114
NUMBER OF HOMES FOR SALE
51
1 Yr Low
$520
23
3 Mo Avg
$592
3 Mo Avg
41
Sep 2016
$585
Sep 2016
40
$0
$200
$400
$600
$800
0
97%
LIST PRICE TO SALE PRICE RATIO 1 Yr High
AVERAGE DAYS ON MARKET
96%
98%
100%
102%
4.10%
3.89%
3.90%
3.94%
43
3.96%
3.80%
48
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
21
Sep 2016
97% 94%
48
3 Mo Avg
98%
Sep 2016
60
76
1 Yr Low
96%
3 Mo Avg
40
1 Yr High
100%
1 Yr Low
20
20
40
60
80
3.46%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57%
3.60%
3.44%
3.43%
3.46%
Jul-16
Aug-16
Sep-16
3.50% 3.40% 3.30% 3.20% 3.10%
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
September 2016
$712,000
1 Yr High
1 Yr High
$754,000
1 Yr Low
$728,000
Sep 2016
$712,000
74
Sep 2016
73 0
$330
1 Yr High
$100
$200
$300
$500
102%
104%
106%
108%
4.10%
3.89%
3.90%
3.94%
3.96%
3.80%
17
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
17
14
Sep 2016
103% 100%
150
10
3 Mo Avg
102%
98%
100
32
1 Yr Low
101%
Sep 2016
50
1 Yr High
106%
3 Mo Avg
70
AVERAGE DAYS ON MARKET
1 Yr High 1 Yr Low
83
0
103%
LIST PRICE TO SALE PRICE RATIO
100
36
Sep 2016
$400
80
70
3 Mo Avg
$330 $0
60
104
1 Yr Low
$352
Sep 2016
40
1 Yr High
$297
3 Mo Avg
20
NUMBER OF PENDING SALES $390
1 Yr Low
31
3 Mo Avg
$550,000 $600,000 $650,000 $700,000 $750,000 $800,000
AVERAGE COST PER SQUARE FOOT
86
1 Yr Low
$645,000
3 Mo Avg
73
NUMBER OF HOMES FOR SALE
10
20
30
40
3.46%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57%
3.60%
3.44%
3.43%
3.46%
Jul-16
Aug-16
Sep-16
3.50% 3.40% 3.30% 3.20% 3.10%
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
September 2016
$750,000
1 Yr High
1 Yr High
$774,000
1 Yr Low 3 Mo Avg Sep 2016
$550,000 $600,000 $650,000 $700,000 $750,000 $800,000
$294
$280
$300
101%
3 Mo Avg
Sep 2016
101%
Sep 2016
100%
102%
104%
4.10%
3.89%
3.94%
3.96%
3.80%
200
300
400
39 47
16 27 39
0
AVERAGE 30-YEAR FIXED INTEREST RATE
3.90%
100
1 Yr Low
3 Mo Avg
4.00%
199
1 Yr High
99%
98%
208
AVERAGE DAYS ON MARKET 103%
96%
63
0
101%
1 Yr High 1 Yr Low
304
Sep 2016
$294 $260
300
199
3 Mo Avg
$291
Sep 2016
200
1 Yr High 1 Yr Low
3 Mo Avg
LIST PRICE TO SALE PRICE RATIO
100
NUMBER OF PENDING SALES
$250
$240
239 0
$294
$220
264
Sep 2016
$750,000
1 Yr High
134
3 Mo Avg
$764,000
1 Yr Low
277
1 Yr Low
$650,000
AVERAGE COST PER SQUARE FOOT
239
NUMBER OF HOMES FOR SALE
20
40
60
3.46%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57%
3.60%
3.44%
3.43%
3.46%
Jul-16
Aug-16
Sep-16
3.50% 3.40% 3.30% 3.20% 3.10%
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
September 2016
$685,000
MEDIAN SALE PRICE 1 Yr High
$739,000
1 Yr Low
1 Yr High
3 Mo Avg
$694,000
3 Mo Avg
Sep 2016
$685,000
Sep 2016
$200,000
$400,000
AVERAGE COST PER SQUARE FOOT
$600,000
1 Yr Low 101%
100% 101%
102%
4.10%
3.89%
3.90%
3.94%
3.96%
3.80%
100
103%
150
22 61
18
3 Mo Avg
21
Sep 2016
22
104%
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
50
1 Yr High
100%
100%
102 0
103%
99%
93
AVERAGE DAYS ON MARKET
1 Yr High
3 Mo Avg
45
$320
100%
LIST PRICE TO SALE PRICE RATIO
98%
107
Sep 2016
$302 $300
150
102
3 Mo Avg
Sep 2016 $280
100
1 Yr High
$290
Sep 2016
50
1 Yr Low
3 Mo Avg
1 Yr Low
117
NUMBER OF PENDING SALES
$261
$260
121
0
$302
$240
57
$800,000
$302
1 Yr High 1 Yr Low
125
1 Yr Low
$599,000
$0
117
NUMBER OF HOMES FOR SALE
20
40
60
80
3.46%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57%
3.60%
3.44%
3.43%
3.46%
Jul-16
Aug-16
Sep-16
3.50% 3.40% 3.30% 3.20% 3.10%
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
September 2016
$916,000
1 Yr High
1 Yr High
$1,000,000
1 Yr Low 3 Mo Avg
$909,333
3 Mo Avg
Sep 2016
$916,000
Sep 2016
$500,000
$1,000,000
$1,500,000
$376
AVERAGE COST PER SQUARE FOOT 1 Yr High
$100
$200
LIST PRICE TO SALE PRICE RATIO
$300
$400
$500
96%
98%
4.10%
3.89%
3.90%
3.94%
74 20
100%
102%
3.96%
3.80%
40
60
80
35
15 26
Sep 2016 104%
100
51
3 Mo Avg
35
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
85
1 Yr Low
100% 94%
41
1 Yr High
101%
Sep 2016
150
74
AVERAGE DAYS ON MARKET
97%
3 Mo Avg
100
93
0
103%
1 Yr Low
50
Sep 2016
100%
1 Yr High
0
3 Mo Avg
$376 $0
100
1 Yr Low
$385
Sep 2016
110
1 Yr High
$331
3 Mo Avg
64
NUMBER OF PENDING SALES
$404
1 Yr Low
121
1 Yr Low
$761,000
$0
100
NUMBER OF HOMES FOR SALE
20
40
60
3.46%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57%
3.60%
3.44%
3.43%
3.46%
Jul-16
Aug-16
Sep-16
3.50% 3.40% 3.30% 3.20% 3.10%
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
September 2016
$580,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$650,000
1 Yr Low
$200,000
$400,000
AVERAGE COST PER SQUARE FOOT
$600,000
$800,000
$277
3 Mo Avg
Sep 2016
$278
Sep 2016
$200
$300
$400
1 Yr High
Sep 2016 100%
102%
104%
4.10%
3.89%
3.90%
3.94%
3.96%
3.80%
150
200
250
29 60
23 26 29
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
100
Sep 2016
101% 98%
50
3 Mo Avg
101%
96%
150
1 Yr Low
3 Mo Avg
150
1 Yr High
99%
250
182
AVERAGE DAYS ON MARKET 103%
1 Yr Low
200
79
0
101%
LIST PRICE TO SALE PRICE RATIO
150
222
1 Yr Low
3 Mo Avg
$100
100
1 Yr High
$242
$0
50
NUMBER OF PENDING SALES
$291
1 Yr Low
225 0
$278
1 Yr High
219
Sep 2016
$580,000 $0
147
3 Mo Avg
$605,333
Sep 2016
231
1 Yr Low
$508,000
3 Mo Avg
225
NUMBER OF HOMES FOR SALE
20
40
60
80
3.46%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57%
3.60%
3.44%
3.43%
3.46%
Jul-16
Aug-16
Sep-16
3.50% 3.40% 3.30% 3.20% 3.10%
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
September 2016
$945,000
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
$450
1 Yr Low
100%
1 Yr Low
3 Mo Avg
100%
3 Mo Avg
Sep 2016
100%
Sep 2016
100%
101%
102%
103%
104%
4.10%
3.89%
3.90%
3.94%
3.96%
3.80%
40
60
80
100
26 50
14 23 26
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
20
1 Yr High
103%
99%
61
AVERAGE DAYS ON MARKET
1 Yr High
98%
65
0
100%
LIST PRICE TO SALE PRICE RATIO
100
30
Sep 2016
$426 $400
80
61
3 Mo Avg
$431
Sep 2016
60
90
1 Yr Low
$378
$350
40
1 Yr High
$444
$300
20
NUMBER OF PENDING SALES
1 Yr High 1 Yr Low
90 0
$426
AVERAGE COST PER SQUARE FOOT
84
Sep 2016
$945,000 $0
42
3 Mo Avg
$867,333
Sep 2016
90
1 Yr Low
$787,000
3 Mo Avg
90
NUMBER OF HOMES FOR SALE
20
40
60
3.46%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57%
3.60%
3.44%
3.43%
3.46%
Jul-16
Aug-16
Sep-16
3.50% 3.40% 3.30% 3.20% 3.10%
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
September 2016
$650,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$680,000
1 Yr Low 3 Mo Avg
$656,333
3 Mo Avg
Sep 2016
$650,000
Sep 2016
$550,000
$600,000
$650,000
1 Yr High
Sep 2016
$400
103% 102%
191
104%
106%
108%
4.10%
3.89%
3.90%
3.94%
3.96%
3.80%
200
14
10
3 Mo Avg
14
Sep 2016
14
110%
300
26
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
100
1 Yr Low 104%
100%
208
1 Yr High
102%
3 Mo Avg
76
AVERAGE DAYS ON MARKET 108%
98%
251
0
103%
200
191
Sep 2016
$350
1 Yr High
150
3 Mo Avg
$368
LIST PRICE TO SALE PRICE RATIO
100
1 Yr High
$373
Sep 2016
50
1 Yr Low
3 Mo Avg
1 Yr Low
163
NUMBER OF PENDING SALES
$326
$300
140
0
$377
1 Yr Low
49
$700,000
$368
AVERAGE COST PER SQUARE FOOT
163
1 Yr Low
$575,000
$500,000
163
NUMBER OF HOMES FOR SALE
10
20
30
3.46%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57%
3.60%
3.44%
3.43%
3.46%
Jul-16
Aug-16
Sep-16
3.50% 3.40% 3.30% 3.20% 3.10%
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
September 2016
$652,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$739,000
1 Yr Low 3 Mo Avg
$664,000
3 Mo Avg
Sep 2016
$652,000
Sep 2016
$200,000
$400,000
$600,000
AVERAGE COST PER SQUARE FOOT
$331
$200
$300
1 Yr High
$500
102%
104%
106%
4.10%
3.89%
3.90%
3.94%
3.96%
3.80%
150
26 12 18
Sep 2016
18
108%
200
18
3 Mo Avg
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
100
1 Yr Low
102%
100%
50
1 Yr High
103%
Sep 2016
138
AVERAGE DAYS ON MARKET
102%
3 Mo Avg
124
0
106%
1 Yr Low
43
Sep 2016
$400
150
138
3 Mo Avg
102%
LIST PRICE TO SALE PRICE RATIO
100
151
1 Yr Low
$331 $100
50
1 Yr High
$364
$0
120
NUMBER OF PENDING SALES
$331
Sep 2016
105
0
$413
3 Mo Avg
42
$800,000
1 Yr High 1 Yr Low
120
1 Yr Low
$561,000
$0
120
NUMBER OF HOMES FOR SALE
10
20
30
3.46%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57%
3.60%
3.44%
3.43%
3.46%
Jul-16
Aug-16
Sep-16
3.50% 3.40% 3.30% 3.20% 3.10%
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
Downtown Bellevue Condos
monthly real estate report
September 2016
$599,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$649,000
1 Yr Low
$200,000
$400,000
AVERAGE COST PER SQUARE FOOT
$600,000
$800,000
3 Mo Avg
$543
3 Mo Avg
Sep 2016
$546
Sep 2016
$600
1 Yr High
Sep 2016 98%
100%
102%
4.10%
3.89%
3.90%
3.94%
3.96%
3.80%
30
40
176 176
22 95 176
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
20
Sep 2016
99% 96%
10
3 Mo Avg
99%
94%
35
1 Yr Low
3 Mo Avg
35
1 Yr High
97%
100
30
AVERAGE DAYS ON MARKET 101%
1 Yr Low
80
14
0
99%
LIST PRICE TO SALE PRICE RATIO
60
35
1 Yr Low
$469
$400
40
1 Yr High
$570
$200
20
NUMBER OF PENDING SALES
1 Yr High
$0
76 0
$546
1 Yr Low
74
Sep 2016
$599,000 $0
62
3 Mo Avg
$520,000
Sep 2016
79
1 Yr Low
$439,000
3 Mo Avg
76
NUMBER OF HOMES FOR SALE
50
100
150
200
3.46%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57%
3.60%
3.44%
3.43%
3.46%
Jul-16
Aug-16
Sep-16
3.50% 3.40% 3.30% 3.20% 3.10%
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
Downtown Seattle Condos
monthly real estate report
September 2016
$882,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$887,000
1 Yr Low 3 Mo Avg
$817,000
Sep 2016
$882,000 $500,000
AVERAGE COST PER SQUARE FOOT
Sep 2016 $800
$1,000
100%
3 Mo Avg
Sep 2016
100%
Sep 2016
99%
100%
101%
4.10%
3.89%
3.90%
3.94%
3.96%
3.80%
20
40
60
80
44 111
12 24 44
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
62
1 Yr Low
3 Mo Avg
98%
61
1 Yr High
98%
97%
41
AVERAGE DAYS ON MARKET 100%
1 Yr Low
62 75
0
100%
1 Yr High
150
Sep 2016
$860
LIST PRICE TO SALE PRICE RATIO
100
3 Mo Avg
$821
$600
50
1 Yr Low
3 Mo Avg
$400
87
1 Yr High
$621
$200
Sep 2016
NUMBER OF PENDING SALES $865
$0
87
0
$860
1 Yr High
76
3 Mo Avg
$1,000,000
1 Yr Low
121
1 Yr Low
$452,000
$0
87
NUMBER OF HOMES FOR SALE
50
100
150
3.46%
3.87% 3.66%
3.80%
3.69%
3.70%
3.61%
3.60%
3.57%
3.60%
3.44%
3.43%
3.46%
Jul-16
Aug-16
Sep-16
3.50% 3.40% 3.30% 3.20% 3.10%
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