Updated Renton Real Estate, Newcastle Real Estate & South Bellevue Real Estate Market Statistics (As of December 17th, 2007)

MLS Area 500 (Newcastle, Bellevue South of I-90 & Issaquah South of I-90)

Single Family Homes

Average Days on Market: 93 Days (Up from 91 Last Week)

Inventory of Active Listings: 434 (Down from 444 Last Week)

Inventory of Sold Listings: 441 (Down from 457 Last Week)

73.5 listings are absorbed by demand each month on average. (Down from 76.14 as of Last Week)

5.90 Months Worth of Supply (Up from 5.83 as of Last Week)

Average List Price: $888,778 (Up from $886,919 Last Week)

Average Sale Price: $769,341 (Up from $768,698 Last Week) - Up six weeks in a row.

Condominiums

Average Days on Market: 56 Days (Up from 55 Last Week)

Inventory of Active Listings: 110 Active Listings (Down from 111 from Last Week)

Inventory of Sold Listings: 212 (Down from 218 Last Week)

35.33 listings are absorbed by demand each month on average. (Down from 36.33 as of Last Week)

3.11 Months Worth of Supply (Up from 3.05 Last Week)

Average List Price: $337,240 (Down from $337,261 Last Week)

Average Sale Price: $321,693 (Up from $320,599 Last Week)

MLS Area 350 (Northeast Renton / Renton Highlands, Briarwood)

Single Family Homes

Average Days on Market: 92 Days (Up from 90 Last Week)

Inventory of Active Listings: 420 Active Listings (Down from 436 Last Week)

Inventory of Sold Listings: 416 (Down from 434 Last Week)

69.33 listings are absorbed by demand each month on average. (Down from 72.33 as of Last Week)

6.05 Months Worth of Supply (Up from 6.03 Last Week)

Average List Price: $543,411 (Up from $541,950 Last Week)

Average Sale Price: $459,323 (Down from $459,661 Last Week)

Condominiums

Average Days on Market: 61 Days (Up from 60 Last Week)

Inventory of Active Listings: 69 Active Listings (Up from 67 last week)

Inventory of Sold Listings: 78 (No Change from 84 Last Week)

13 listings are absorbed by demand each month on average. (Down from 14 as of Last Week)5.30 Months Worth of Supply (Up from 5.15 Last Week)

Average List Price: $252,917 (Down from $254,221 Last Week)

Average Sale Price: $227,449 (Down from $229,040 Last Week)

MLS Area 340 (Southeast Renton / Benson Hill, Fairwood)

Single Family Homes

Average Days on Market: 80 Days (Up from 78 Last Week)

Inventory of Active Listings: 350 Active Listings (Down from 354 Last Week)

Inventory of Sold Listings: 341 (Down from 351 Last Week)

56.83 listings are absorbed by demand each month on average. (Down from 58.5 as of Last Week)

6.15 Months Worth of Supply (Up from 6.05 Last Week)

Average List Price: $430,503 (Down from $432,213 Last Week)

Average Sale Price: $394,045 (Down from $396,115 Last Week)

Condominiums

Average Days on Market: 61 Days (Up from 58 Last Week)

Inventory of Active Listings: 89 Active Listings (Down from 91 Last Week)

Inventory of Sold Listings: 117 (Down from 121 Last Week)

19.5 listings are absorbed by demand each month on average. (Down from 20.16 as of Last Week)

4.56 Months Worth of Supply (Up from 4.51 Last Week)

Average List Price: $245,252 Up from $244,960 Last Week) - Up four weeks in a row.

Average Sale Price: $236,200 (Down from $237,896 Last Week)

If you are interested in statistical information for an MLS area not covered here, please respond to this post to let me know what neighborhood you live in and I will follow up with the statistics specific to your area of interest. You are also welcome to visit my website at http://www.davidjedwards.com/ where you can access my Market Snapshot research tool found on the left side of the homepage.

This information is deemed reliable but it is not guaranteed to be 100% accurate. I generated these statistics using the Northwest Multiple Listing Service. These statistics were not compiled or published by the Northwest Multiple Listing Service.
David EdwardsREALTOR®Keller Williams Realty Southeast SoundPhone: 425-890-8045E-Mail: david@davidjedwards.comWebsite: http://www.davidjedwards.com/Blogsite: http://www.davidjedwards.com/renton-info-blog.asp
David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Washington’s Renton Highlands, Newcastle and South Bellevue.

Open House Sunday December 16th from 1:00 to 4:00 PM

1603 Glenwood Ave SE Renton, WA 98058

Price: 339,920

Bedrooms: 3

Bathrooms: 2.50

Square Feet: 1910

Lot Size: 8250

Year Built: 1979

MLS: 27200267

This perfectly maintained home has a private, fenced backyard and RV parking. The owner of this home will enjoy views of Cougar and Squak mountain from the living room as well as, energy saving vinyl windows, fresh interior paint, new six panel doors throughout, new flooring in the kitchen, entryway and bathrooms, a new front porch and a new hot water tank. The lower level boasts a huge family room with tons of storage. A one year American Home Shield Home Warranty is Included!

For More Information Visit: http://www.davidjedwards.com/featured-listings.asp

Directions: From I405 merge on WA 167 North via Exit 2, Right on S Grady Way, Right on Talbot, Left on Puget. Right on Edmonds, Left on Edmonds Way. Stay straight onto SE 16th, Right on Glenwood Ave SE.

Best Regards!

David Edwards

REALTOR®

Keller Williams Realty Southeast Sound

Phone: 425-890-8045

E-Mail: david@davidjedwards.com

Website: http://www.davidjedwards.com/

Blogsite: http://www.davidjedwards.com/renton-info-blog.asp

David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Washington’s Renton Highlands, Newcastle and South Bellevue.

Pacific Northwest Events Calendar Updated 12/07/2007!

Summer has come to an end; and with the changing of the season, we close another chapter of outdoor events that have come to define summers in the Pacific Northwest.

Nonetheless, when one door closes, another opens and with that, we are given an opportunity to enjoy the vast array of Autumn activities that are also unique to our region.

If you are looking for things to do in Renton and the surrounding area, I have updated my Local Community Events Calendar found online at:http://www.davidjedwards.com/events-calendar.asp

There are literally hundreds of pacific northwest events on the calendar. Some of the most recent additions are listed below.

Free Blood Pressure & Blood Sugar Screening - February 1st, 6th or 9th
Drop by the Renton Community Center lobby for free blood pressure and blood sugar screening. As part of Renton Heart Month, Renton Fire and Emergency Services will focus on identifying citizens with unknown high blood pressure or high blood sugar levels. No registration needed. Friday February 1st from 8:45 AM to 10:00 AM
Wednesday February 6th from 6:00 PM to 6:30 PM
Saturday February 9th from 9:00 to 10:00 AM

Black History Month - February 1st - 29th
Read and explore Black History Month with the Renton Public Library. Learn about African American History and the men and women who helped to shape it. Check the Library website to discover featured writers, or pick up a 2008 Renton Black History Month bookmark at either branch.

CPR & Automatic External Defibrillator (AED) Classes - February 6th or 9th
Join Renton Fire and Emergency Services for instruction on CPR and AED's. Classes will be held at the Renton Community Center on two different dates. Register by calling 425-430-6700 or visit http://www.rentonwa.gov/.
#43612 - Wednesday February 6th from 6:30 PM to 8:30 PM - Free
#43613 - Saturday February 9th from 10:00 AM to 12:00 PM - Free

Renton History Museum - Tales of Folks and Folktales (An Underground Railroad Story) - February 9th @ 11:00 AM.

Eva Abram takes us back to the time of the Underground Railroad, the route used by escaping slaves to make their way to freedom. Ms. Abrams shares the importance of preserving family stories and folktales, and passing them on to new generations. These stories demonstrate that bodies may be enslaved but minds cannot. Adults: $3, Children Under 7: $1. Call 425-255-2330 for more information.

Downtown Renton Spring Clean Event - Saturday April 12th from 10:00 AM to 1:00 PM
Meet at Piazza Park (South 3rd St & Burnett Ave. South) and help make Downtown Renton sparkle! Join business and community members to clean up Downtown. Volunteers of all ages are welcome. Sponsored by the Downtown Renton businesses. Contact Toni Nelson at 425-226-6124 for more information.

If you have something you would like to see added to the calendar, please submit your request by responding to this post with a comment. Please limit your event postings to those taking place in Washington State's King, Pierce, Thurston, Snohomish, Skagit, Lewis, Mason, Island, Grays Harbor and/or Kitsap counties.

Event information is subject to cancellation or change. Please phone ahead to confirm event dates, times and costs.

Have a great weekend!

David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com/
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp

David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Washington’s Renton Highlands, Newcastle and South Bellevue.

The numbers are in! REALTOR's Home Remodeling Cost vs. Value Report Released

The numbers are in! REALTOR's Home Remodeling Cost vs. Value Report Released

Posted by David Edwards under For Sellers, For Realty Professionals, Regional - West, General Information, Statistics, Home Maintenance

Remodeling magazine's annual "Cost vs. Value Report" shows exterior and replacement projects bring the biggest return.

Below you will find the averages for the Pacific Region (AK, CA, HI, OR, WA). The percentage next to the project is the percentage of cost you can expect to recoup when you sell.

Additions: Midrange
Back-up power generator 63%
Bathroom 83.5%
Deck (wood) 108%
Family room 84.8%
Garage 88%
Master suite 87.2%
Sunroom 69.4%
Two-story 90.9%

Additions: Upscale
Bathroom 84.1%
Deck (composite) 98.4%
Garage 78.1%
Master suite 77.3%

Remodels: Midrange
Attic bedroom 98%
Basement 96.8%
Bathroom 96.6%
Home office 68.9%
Major kitchen 96.6%
Minor kitchen 103.5%

Remodels: Upscale
Bathroom 84.7%
Major kitchen 88.9%

Replacements: Midrange
Roofing 85.1%
Siding 82.9%
Windows (vinyl) 98.5%
Windows (wood) 102.9%

Replacements: Upscale
Roofing 79.9%
Siding (fiber-cement) 80.3%
Siding (foam-backed vinyl) 100.9%
Windows (vinyl) 100.7%
Windows (wood) 103.4%

David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com/
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp

David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Washington's Renton Highlands, Newcastle and South Bellevue.

Open House Wednesday December 4th from 10:00 AM to 12:00 PM

9623 S 248th St #E16 Kent, WA 98030

Price: 114,995

Bedrooms: 1

Bathrooms: 1

Square Feet: 640

Lot Size: 4.3 Acres

Year Built: 1966

MLS: 27196818

This top floor unit sits on 5 acres of landscaped grounds. Residents enjoy a community clubhouse, pool and basketball court. The unit has clean carpets, a fireplace, extra storage space, an oversized bedroom and a washer & dryer in the unit. It has recently been replumbed. A 1 year American Home Shield home warranty is included!

For More Information Visit: http://www.davidjedwards.com/featured-listings.asp

Directions: From I405, Merge on WA-167 S, Take 84TH Ave S exit to N Central, Left on 84th Ave S. 84TH becomes Central Ave. Left on E Smith St/WA-516. Follow WA-516. Turn Left on 94th Ave S. Right on S 248Th St.

Best Regards!

David Edwards

REALTOR®

Keller Williams Realty Southeast Sound

Phone: 425-890-8045

E-Mail: david@davidjedwards.com

Website: http://www.davidjedwards.com/

Blogsite: http://www.davidjedwards.com/renton-info-blog.asp

David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Washington’s Renton Highlands, Newcastle and South Bellevue.