2014 Greater Seattle-Eastside Condo Report

2014 CONDO REPORT | Greater Seattle-Eastside

MERCER ISLAND 206.232.0446

weeklypropertyreport.com

THE CONDO REPORT I 2014 West Seattle

Studio

Number Sold Average Sale Price Average Sq Ft Average Cost Per Sq Ft

Lecshi, Mt Baker, Seward Park

Studio

SODO, Beacon Hill

Studio

Number Sold Average Sale Price Average Sq Ft Average Cost Per Sq Ft

Studio

Queen Anne, Magnolia

Studio

8 $163,363 678 $241 1 Bedroom

0 -

Madison Park, Capitol Hill

75 $221,867 682 $325 1 Bedroom

2 $70,750 270 $263

Number Sold Average Sale Price Average Sq Ft Average Cost Per Sq Ft

Number Sold Average Sale Price Average Sq Ft Average Cost Per Sq Ft

1 Bedroom

8 $234,450 997 $235

5 $212,130 769 $276 1 Bedroom

41 $191,919 489 $392

302 $278,561 678 $411

2 Bedrooms

128 $328,573 1,086 $303 2 Bedrooms

8 $196,238 852 $230 2 Bedrooms

26 $230,492 1,044 $221 2 Bedrooms

221 $453,606 1,087 $417

3+ Bedrooms

24 $559,740 1,822 $307 3+ Bedrooms

5 $270,200 1,676 $161 3+ Bedrooms

4 $288,850 1,557 $186 3+ Bedrooms

21 $787,600 1,824 $432

Average 2 Bdrm Sq Ft Juanita, Woodinville Kirkland-Bridle Trails Redmond, Carnation East Lake Sammamish Bellevue-East of 405 Bellevue-West of 405 Mercer Island East Side-South of I-90 Richmond, Shoreline North Seattle Ballard, Greenlake Downtown/Belltown Queen Anne, Magnolia Madison Park, Capitol Hill SODO, Beacon Hill Lecshi, Mt Baker, Seward West Seattle 800 1,000 1,200 1,400 1,600

Number Sold Average Sale Price Average Sq Ft Average Cost Per Sq Ft

Downtown Seattle/Belltown

Number Sold Average Sale Price Average Sq Ft Average Cost Per Sq Ft

1 Bedroom

18 $199,400 455 $438 Studio

197 $257,990 700 $368 1 Bedroom

44 $220,447 475 $464

291 $388,846 790 $492

2 Bedrooms

220 $423,426 1,128 $375 2 Bedrooms

3+ Bedrooms

21 $839,430 2,120 $396 3+ Bedrooms

173 11 $945,588 $1,465,727 1,429 2,039 $662 $719

Ballard, Greenlake, Greenwood Number Sold Average Sale Price Average Sq Ft Average Cost Per Sq Ft

Studio

23 $155,765 430 $362

1 Bedroom

2 Bedrooms

3+ Bedrooms

North Seattle

Studio

1 Bedroom

2 Bedrooms

3+ Bedrooms

1 Bedroom

2 Bedrooms

3+ Bedrooms

Number Sold Average Sale Price Average Sq Ft Average Cost Per Sq Ft

Richmond Beach, Shoreline

Number Sold Average Sale Price Average Sq Ft Average Cost Per Sq Ft

5 $168,600 581 $290 Studio

0 -

169 $223,050 664 $336 71 $177,995 711 $250 15 $94,983 607 $156

228 $327,383 1,013 $323 117 $245,154 1,132 $217 47 $217,121 1,134 $191

22 $549,222 1,524 $360 20 $422,348 1,627 $260 16 $283,434 1,536 $185

Average Cost Per Sq Ft Juanita, Woodinville Kirkland-Bridle Trails Redmond, Carnation East Lake Sammamish Bellevue-East of 405 Bellevue-West of 405 Mercer Island East Side-South of I-90 Richmond, Shoreline North Seattle Ballard, Greenlake Downtown/Belltown Queen Anne, Magnolia Madison Park, Capitol Hill SODO, Beacon Hill Lecshi, Mt Baker, Seward West Seattle $0

$200 $400 $600 $800

©2011-2015 Windermere Real Estate/Mercer Island. Data prepared by Windermere Real Estate/Mercer Island. For questions or comments, email julie@windermere.com.

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

GREATER SEATTLE-EASTSIDE REGION Average Year Built

East Side-South of I-90

Studio

Mercer Island

Studio

Number Sold Average Sale Price Average Sq Ft Average Cost Per Sq Ft

Juanita, Woodinville Kirkland-Bridle Trails Redmond, Carnation East Lake Sammamish Bellevue-East of 405 Bellevue-West of 405 Mercer Island East Side-South of I-90 Richmond, Shoreline North Seattle Ballard, Greenlake Downtown/Belltown Queen Anne, Magnolia Madison Park, Capitol Hill SODO, Beacon Hill Lecshi, Mt Baker, Seward West Seattle

Bellevue-West of 405

Bellevue-East of 405

1970

1980

1990

2000

Number Sold Average Sale Price Average Sq Ft Average Cost Per Sq Ft Number Sold Average Sale Price Average Sq Ft Average Cost Per Sq Ft Number Sold Average Sale Price Average Sq Ft Average Cost Per Sq Ft

East of Lake Sammamish

Number Sold Average Sale Price Average Sq Ft Average Cost Per Sq Ft

Total Number of Sales

Redmond, Carnation

Juanita, Woodinville Kirkland-Bridle Trails Redmond, Carnation East Lake Sammamish Bellevue-East of 405 Bellevue-West of 405 Mercer Island East Side-South of I-90 Richmond, Shoreline North Seattle Ballard, Greenlake Downtown/Belltown Queen Anne, Magnolia Madison Park, Capitol Hill SODO, Beacon Hill Lecshi, Mt Baker, Seward West Seattle

Kirkland-Bridle Trails

Juanita, Woodinville

Number Sold Average Sale Price Average Sq Ft Average Cost Per Sq Ft Number Sold Average Sale Price Average Sq Ft Average Cost Per Sq Ft Number Sold Average Sale Price Average Sq Ft Average Cost Per Sq Ft

Lake Forest Park, Kenmore 0

200

400

600

800

Number Sold Average Sale Price Average Sq Ft Average Cost Per Sq Ft

1 Bedroom

2 Bedrooms

3+ Bedrooms

1 Bedroom

2 Bedrooms

3+ Bedrooms

Studio

1 Bedroom

2 Bedrooms

3+ Bedrooms

Studio

1 Bedroom

2 Bedrooms

3+ Bedrooms

Studio

1 Bedroom

2 Bedrooms

3+ Bedrooms

1 Bedroom

2 Bedrooms

3+ Bedrooms

1 Bedroom

2 Bedrooms

3+ Bedrooms

1 Bedroom

2 Bedrooms

3+ Bedrooms

1 Bedroom

2 Bedrooms

3+ Bedrooms

0 0 -

8 $350,250 711 $493 2 $144,750 512 $283 5 $137,900 454 $304 Studio

0 -

Studio

4 $131,500 478 $275 Studio

Studio

0 -

4 $57,725 419 $138

31 $169,676 749 $226 8 $216,738 749 $289

61 $411,072 943 $436 76 $173,332 769 $225 55 $169,045 814 $208 22 $188,646 762 $247

70 $234,707 742 $316 73 $130,252 707 $184

12 $115,083 702 $164

192 $254,284 1,093 $233 29 $463,503 1,385 $335

151 $621,216 1,349 $461 214 $264,988 1,106 $240 213 $270,884 1,246 $217 134 $298,797 1,173 $255

260 $443,636 1,293 $343 309 $205,001 1,052 $195

46 $187,174 1,055 $177

©2011-2015 Windermere Real Estate/Mercer Island. Data prepared by Windermere Real Estate/Mercer Island. For questions or comments, email julie@windermere.com.

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

69 $354,097 1,519 $233 6 $440,800 1,549 $285

33 $851,044 1,935 $440 65 $363,508 1,644 $221 171 $375,914 1,639 $229 122 $477,034 1,851 $258

95 $751,885 2,186 $344 75 $332,550 1,739 $191

19 $437,701 2,076 $211

AT-A-GLANCE | Average Sale Price Neighborhood

Studio

1 Bedroom

2 Bedrooms

3+ Bedrooms

$234,450

$221,867

$328,573

$559,740

$70,750

$163,363

$196,238

$270,200

-

$212,130

$230,492

$288,850

Madison Park, Capitol Hill

$191,919

$278,561

$453,606

$787,600

Queen Anne, Magnolia

$199,400

$257,990

$423,426

$839,430

Downtown Seattle/Belltown

$220,447

$388,846

$945,588

$1,465,727

Ballard, Greenlake, Greenwood

$155,765

$223,050

$327,383

$549,222

North Seattle

$168,600

$177,995

$245,154

$422,348

Lowest $/Sq Ft

Lake Forest Park, Kenmore

Richmond Beach, Shoreline

-

$94,983

$217,121

$283,434

Highest $/Sq Ft

Downtown Seattle, Belltown

East Side-South of I-90

-

$169,676

$254,284

$354,097

Smallest Size

Lecshi, Mt Baker, Seward Park

Mercer Island

-

$216,738

$463,503

$440,800

Largest Size

Downtown Seattle, Belltown

Bellevue-West of 405

$350,250

$411,072

$621,216

$851,044

Most Studios

Downtown Seattle, Belltown

Bellevue-East of 405

$144,750

$173,332

$264,988

$363,508

Most 3+ Bedrooms

East of Lake Sammamish

East of Lake Sammamish

$137,900

$169,045

$270,884

$375,914

Fewest Condos Sold

Lecshi, Mt Baker, Seward Park

Redmond, Carnation

-

$188,646

$298,797

$477,034

Most Condos Sold

Madison Park, Capitol Hill

Kirkland-Bridle Trails

$131,500

$234,707

$443,636

$751,885

Newest Avg Year Built

East of Lake Sammamish

Juanita, Woodinville

-

$130,252

$205,001

$332,550

Oldest Avg Year Built

Madison Park, Capitol Hill

$57,725

$115,083

$187,174

$437,701

West Seattle Lecshi, Mt Baker, Seward Park SODO, Beacon Hill

Lake Forest Park, Kenmore

QUICK 2014 FACTS

ABOUT | 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. ©2012-2015 Windermere Real Estate/Mercer Island