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.

Open House Sunday December 2nd 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 Square Feet

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.

Updated Renton Real Estate, Newcastle Real Estate & South Bellevue Real Estate Market Statistics (As of November 26th, 2007)

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

Single Family Homes

Average Days on Market: 88 Days (Up from 86 Last Week)

Inventory of Active Listings: 464 (Down from 467 Last Week)

Inventory of Sold Listings: 464 (Down from 472 Last Week)

77.33 listings are absorbed by demand each month on average. (78.6 as of Last Week)

6 Months Worth of Supply (5.93 as of Last Week)

Average List Price: $892,550 (Down from $893,389 Last Week)

Average Sale Price: $766,040 (Up from $765,847 Last Week) - Up three weeks in a row.

Condominiums

Average Days on Market: 53 Days (Up from 51 Last Week)

Inventory of Active Listings: 120 Active Listings (Down from 130 from Last Week)

Inventory of Sold Listings: 215

35.83 listings are absorbed by demand each month on average.

3.34 Months Worth of Supply

Average List Price: $337,800 (Down from $338,285 Last Week)

Average Sale Price: $324,009 (Down from $327,400 Last Week)

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

Single Family Homes

Average Days on Market: 87 Days (Up from 85 Last Week)

Inventory of Active Listings: 471 Active Listings (Down from 480 Last Week)

Inventory of Sold Listings: 455

75.83 listings are absorbed by demand each month on average.

6.21 Months Worth of Supply

Average List Price: $540,951 (Up from $540,610 Last Week) - Up two weeks in a row.

Average Sale Price: $461,029 (Up from $460,285 Last Week) - Up two weeks in a row.

Condominiums

Average Days on Market: 56 Days (Up from 54 Last Week)

Inventory of Active Listings: 66 Active Listings (Down from 69 last week)

Inventory of Sold Listings: 8714.5 listings are absorbed by demand each month on average.

4.55 Months Worth of Supply

Average List Price: $253,472 (Up from $253,254 Last Week)

Average Sale Price: $237,345 (Up from $235,072 Last Week)

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

Single Family Homes

Average Days on Market: 76 Days (Up from 75 Days Last Week)

Inventory of Active Listings: 365 Active Listings (Down from 367 Last Week)

Inventory of Sold Listings: 365

60.83 listings are absorbed by demand each month on average.

6.00 Months Worth of Supply

Average List Price: $431,367 (Up from $430,907 Last Week)

Average Sale Price: $398,229 (Down from $397,178 Last Week)

Condominiums

Average Days on Market: 55 Days (Up from 53 Last Week)

Inventory of Active Listings: 94 Active Listings (Up from 93 Last Week)

Inventory of Sold Listings: 125

20.83 listings are absorbed by demand each month on average.

4.51 Months Worth of Supply

Average List Price: $243,691 (Up from $243,101 Last Week)

Average Sale Price: $236,873 (Down from $238,301 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 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.

Updated Renton Real Estate, Newcastle Real Estate & South Bellevue Real Estate Market Statistics (As of November 19th , 2007)

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

Single Family Homes

Average Days on Market: 86 Days (Up from 85 Last Week)

Inventory of Active Listings: 467 (Down from 469 Last Week)

Average List Price: $893,389 (Down from $896,820 Last Week)

Average Sale Price: $765,847 (Up from $764,159 Last Week) - Up two weeks in a row.

Condominiums

Average Days on Market: 51 Days (Up from 50 Last Week)

Inventory of Active Listings: 130 Active Listings (Down from 139 from Last Week)

Average List Price: $338,285 (Down from $338,557 Last Week)

Average Sale Price: $327,400 (Up from $326,955 Last Week) - Up two weeks in a row.

MLS Area 350 (Renton Highlands)

Single Family Homes

Average Days on Market: 85 Days (Up from 84 Last Week)

Inventory of Active Listings: 480 Active Listings (Up from 476 Last Week)

Average List Price: $540,610 (Up from $531,261 Last Week)

Average Sale Price: $460,285 (Up from $460,108 Last Week)

Condominiums

Average Days on Market: 54 Days (Up from 53 Last Week)

Inventory of Active Listings: 69 Active Listings (Down from 76 last week)

Average List Price: $253,254 (Down from $254,126 Last Week)

Average Sale Price: $235,072 (Down from $240,314 Last Week)

MLS Area 340 (Southeast Renton / Benson Hill)

Single Family Homes

Average Days on Market: 75 Days (Up from 74 Days Last Week)

Inventory of Active Listings: 367 Active Listings (Down from 368 Last Week)

Average List Price: $430,907 (Up from $430,329 Last Week)

Average Sale Price: $397,178 (Down from $397,782 Last Week)

Condominiums

Average Days on Market: 53 Days (Up from 52 Last Week)

Inventory of Active Listings: 93 Active Listings (Down from 99 Last Week)

Average List Price: $244,101 (Down from $243,897 Last Week)

Average Sale Price: $238,301 (Down from $238,548 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 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 11/16th/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.

I have updated my Local Community Events Calendar found online at:http://www.davidjedwards.com/events-calendar.asp

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

Free Dental Treatment - November 16th - 8:00 AM - 2:00 PM
Vendeland Dental Professionals will treat one urgent dental problem for each patient for free, including extractions, fillings and bondings. No ceanings. First come, first served basis. Pacific Medical Building, 601 S. Carr Road, Suite 400 in Renton.

Blanket Drive! - November 15th - January 6th
Individuals may drop off new or gently used clean blankets for Seattle's Union Gospel Mission at IKEA, 601 S.W. 41st St. in Renton.

Renton Eagles 100th Anniversary Dinner - November 17th, 5:00 PM
Evening includes a social hour at 5:00 PM and dinner at 6:00 PM followed by a presentation and live music. Special guests include the Washington State Eagles president, Washington State madam president and the Grand Aerie president. The event will take place at 220 Wells Ave S., in Renton.

Blood Drive! - November 20th, 9-11 AM
Valley West RCC, 3600 Lind Ave. S.W., Renton -For Puget Sound Blood Center call 800-398-7888 or visit http://www.psbc.org/.

Blood Drive! - November 20th, 12:30 - 3:00 PM
Wixards of the Coast, 1600 Lind Ave S.W., Renton - For Puget Sound Blood Center call 800-398-7888 or visit http://www.psbc.org/.

Bood Drive! - November 26th, 9:30 - 11:30 AM
Distant Lands Coffee, 801 Houser Way N., Renton - For Puget Sound Blood Center call 800-398-7888 or visit http://www.psbc.org/.

Blood Drive! - November December 2nd - 9:30 - 3:30 PM
Sikh Gurudwara, 5200 Talbot Road S., Renton - For Puget Sound Blood Center call 800-398-7888 or visit http://www.psbc.org/.

2007 Benefit Toy Ride (Motorcycle) - December 8th, 2007 @10:30 AM
Rain or shine. Motorcycle ride starts at Renton Motorcycle Company and ends at BB Magraws Restaurant and Sports Bar in Auburn for lunch and a raffle. Participants should bring a toy to donate to Auburn Pregnancy Aid. Renton Motorcycle Company is located at 3701 E. Valley Highway. For more information call 206-714-2704 or visit http://www.toy-ride.net/.

Veterans Outreach - December 10th - 3:15 - 6:15 PM
Veterans and their families can get assistance in applying for benefits through the Department of Veterans Affairs from a Disabled American Veterans Service Officer.
Kent Library - 212 Second Ave. N in Kent. For more information call 253-859-6439.

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.

Open House Sunday November 18th 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 Square Feet 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 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.

Updated Renton Real Estate, Newcastle Real Estate & South Bellevue Real Estate Market Statistics (As of November 12th , 2007)

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

Single Family Homes

Average Days on Market: 85 Days (Up from 84 Last Week)

Inventory of Active Listings: 469 (Down from 481 Last Week)

Average List Price: $896,828 (Down from $898,844 Last Week)

Average Sale Price: $764,159 (Up from $760,474 Last Week)

Condominiums

Average Days on Market: 50 Days (No Change from Last Week)

Inventory of Active Listings: 139 Active Listings (Up from 126 from Last Week)

Average List Price: $338,557 Up from $338,284 Last Week)

Average Sale Price: $326,955 (Up from $326,255 Last Week)

MLS Area 350 (Renton Highlands)

Single Family Homes

Average Days on Market: 84 Days (Up from 82 Last Week)

Inventory of Active Listings: 476 Active Listings (Down from 477 Last Week)

Average List Price: $531,261 (Up from $525,517 Last Week)

Average Sale Price: $460,108 (Down from $460,988 Last Week)

Condominiums

Average Days on Market: 53 Days (Up from 52 Last Week)

Inventory of Active Listings: 76 Active Listings (Down from 79 last week)

Average List Price: $254,126 (Down from $254,137 Last Week)

Average Sale Price: $240,314 (Up from $239,464 Last Week)

MLS Area 340 (Southeast Renton / Benson Hill)

Single Family Homes

Average Days on Market: 74 Days (Up from 73 Days Last Week)

Inventory of Active Listings: 368 Active Listings (Down from 379 Last Week)

Average List Price: $430,329 (Down from $431,935 Last Week)

Average Sale Price: $397,782 (Down from $398,970 Last Week)

Condominiums

Average Days on Market: 52 Days (Up from 51 Last Week)

Inventory of Active Listings: 99 Active Listings (Down from 101 Last Week)

Average List Price: $243,897 (Down from $244,195 Last Week)

Average Sale Price: $238,548 (Up from $238,024 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 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.

Just Listed! Lovingly Maintained Single Family Home $339,920

MLS#: 27200267
Price: $339,920
Bedrooms: 3
Bathrooms: 2.5
Virtual Tour: http://www.flyinside.com/tour.php?id=17515
Presentation on My Website: http://www.davidjedwards.com/featured-listings.asp

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 fresh interior paint, new six panel doors throughout, new flooring in the 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!

Address: 1603 Glenwood Ave SE Renton, WA 98058
Driving 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.

Open House Sunday, November 18th 2007 from 1:00 to 4:00 PM.

Please contact me to arrange for a showing.

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.

Just Listed! Puget Sound Waterfront Home with Views of Seattle!

OPEN SUNDAY, NOVEMBER 11TH, 2007 FROM 1:00 TO 4:00

MLS#: 27196900

Price: $829,000

Bedrooms: 5

Bathrooms: 2

Virtual Tour: http://www.flyinside.com/tour.php?id=17439

Presentation on My Website: http://www.davidjedwards.com/featured-listings.asp

You'll love this custom home boasting 60 feet of Puget Sound waterfront and breathtaking views of Seattle's skyline & the Cascades! Enjoy new tile floors in the upstairs kitchen, a renovated bathroom & new exterior paint and gutters. You'll own 3 bedrooms upstairs and 2 bedrooms downstairs. Each floor has it's own full size kitchen, bathroom, living room & entrance. Either rent out the lower level or easily convert it for single family living. 20K in renovations! 1 Year Home Warranty Included!

Address: 1219 Colchester Drive, Port Orchard, WA, 98366

Driving Directions: Only 5 minutes from Southworth Ferry or 60 minutes from Seattle by car. By car, Take Hwy 16 to Sedgwick East, Left on Jackson, From Mile Hill turn left on Colchester.

Please contact me to arrange for a showing.

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.

Just Listed! Oversized 1 Bedroom Condo $114,995

MLS#: 27196818

Price: $114,995

Bedrooms: 1

Bathrooms: 1

Virtual Tour: http://www.flyinside.com/tour.php?id=17422

Presentation on My Website: http://www.davidjedwards.com/featured-listings.asp

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!

Address: 9623 S 248th St #E16 Kent, WA 98030

Driving 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.

Please contact me to arrange for a showing.

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.

Price Reduced! 1 Bedroom, 1 Bathroom Condo Now $194,900

Come home to your meticulously maintained, top floor condo & relax as you take in the unobstructed greenbelt view. The complex is a beautifully landscaped gated community that is professionally managed. Dues are exceptionally low & include landscaping, clubhouse, gated entry, pool, hot tub, & tanning room. You’ll be proud of the updated cabinetry, double paned windows, deck storage & designer paint. All appliances stay. Easy access to freeways & The Landing. 1 Year AHS Home Warranty is included! Call 425-890-8045 to arrange for a showing today!

Price: $194,900
Bedrooms: 1
Bathrooms: 1
Virtual Tour: http://www.flyinside.com/tour.php?id=17007
For More Information Visit: http://www.davidjedwards.com/featured-listings.asp

Address: 801 Rainier Ave N #G334 Renton, WA 98057-5381

Directions: From I-405, merge onto WA 167 N/Valley Fwy via Exit 2 toward Renton/Rainier Ave and go .8 miles. Merge onto Rainier Ave S. Go 1.7 Miles. Condo is on the West side of Rainier Ave N.

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’sRenton Highlands, Newcastle and South Bellevue.

There’s a growing buzz around Port Orchard in Kitsap County

Kitsap County’s City of Port Orchard and the Manchester neighborhood within Port Orchard have been the focus of two recent articles published in the Seattle Times.

The first article was written by Cindy Jones as a special to The Seattle Times on Saturday, September 29th 2007. The article was published on the front page of the real estate section and discussed a growing interest among buyers interested in homes with waterfront or water views available in the small community of Manchester.

Cindy Jones describes the area best… “Just across the Sound --- that sparkling stretch of water that blesses the community with spectacular views --- lies a city teeming with well-heeled dwellers looking for escape.”

She’s right. Many waterfront homes in Port Orchard’s Manchester community either sit on the Puget Sound or absorb panoramic views of Bainbridge Island, downtown Seattle and West Seattle from the hills that have come to define the coastline.

In spite of the growing demand for waterfront property in the area, few owners seem willing to relinquish their homes. The Seattle Times reported that there were fewer than 100 homes on the market at the time they published their article. I ran a report on November 6th using Northwest MLS data and found as few as 53 listings. Only four were waterfront. These statistics were not compiled or published by the Northwest Multiple Listing Service.

If you would like to read the full story found online at The Seattle Times, feel free to do so by clicking here.

The second article was also written by Cindy Jones as a special to The Seattle Times on Sunday, November 4th, 2007. It crowned Port Orchard, with its 8,350 residents, as the Seattle Times, Neighborhood of the Week.

According to Cindy Jones, “…waterfront homes cost from about $700,000 to $1 million.”

The full story can be found online at The Seattle Times by clicking here.

To view my Port Orchard waterfront listing in Manchester, click here.

To search for other listings, click here.

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.

Updated Renton Real Estate, Newcastle Real Estate & South Bellevue Real Estate Market Statistics (As of November 5th , 2007)

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

Single Family Homes

Average Days on Market: 84 Days (Up from 83 Last Week)

Inventory of Active Listings: 481 (Down from 507 Last Week)

Average List Price: $898,844 (Down from $899,101 Last Week)

Average Sale Price: $760,474 (Down from $756,663 Last Week)

Condominiums

Average Days on Market: 50 Days (Down from 57 Last Week)

Inventory of Active Listings: 126 Active Listings (Down from 134 from Last Week)

Average List Price: $338,284 (Down from $339,034 Last Week)

Average Sale Price: $326,255 (Up from $325,070 Last Week)

MLS Area 350 (Renton Highlands)

Single Family Homes

Average Days on Market: 82 Days (No Change from Last Week)

Inventory of Active Listings: 477 Active Listings (Down from 481 Last Week)

Average List Price: $525,517 (Down from $527,583 Last Week)

Average Sale Price: $460,988 (Down from $467,833 Last Week)

Condominiums

Average Days on Market: 52 Days (Up from 51 Last Week)

Inventory of Active Listings: 79 Active Listings (Up from 75 last week)

Average List Price: $254,137 (Down from $254,568 Last Week)

Average Sale Price: $239,464 (Down from $241,136 Last Week)

MLS Area 340 (Southeast Renton / Benson Hill)

Single Family Homes

Average Days on Market: 73 Days (Up from 72 Days Last Week)

Inventory of Active Listings: 379 Active Listings (Down from 399 Last Week)

Average List Price: $431,935 (Down from $433,437 Last Week)

Average Sale Price: $398,970 (Down from $402,138 Last Week)

Condominiums

Average Days on Market: 51 Days (Up from 50 Last Week)

Inventory of Active Listings: 101 Active Listings (Up from 96 Last Week)

Average List Price: $244,195 (Down from $245,365 Last Week)

Average Sale Price: $238,024 (Down from $240,535 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 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.

Just Listed! 1 Bedroom, 1 Bathroom Condo $199,900

Posted by David Edwards under For Buyers, Regional - West, Listings, New Listings, Renton

Come home to your meticulously maintained, top floor condo & relax as you take in the unobstructed greenbelt view. The complex is a beautifully landscaped gated community that is professionally managed. Dues are exceptionally low & include landscaping, clubhouse, gated entry, pool, hot tub, & tanning room. You'll be proud of the updated cabinetry, double paned windows, deck storage & designer paint. All appliances stay. Easy access to freeways & The Landing. 1 Year AHS Home Warranty is included! Call 425-890-8045 to arrange for a showing today!

Price: $199,900
Bedrooms: 1
Bathrooms: 1
Virtual Tour: http://www.flyinside.com/tour.php?id=17007
For More Information Visit: http://www.davidjedwards.com/featured-listings.asp

Address: 801 Rainier Ave N #G334 Renton, WA 98057-5381

Directions: From I-405, merge onto WA 167 N/Valley Fwy via Exit 2 toward Renton/Rainier Ave and go .8 miles. Merge onto Rainier Ave S. Go 1.7 Miles. Condo is on the West side of Rainier Ave N.

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.

Olympus in Newcastle, WA named Neighborhood of the Week in the Seattle Times Real Estate Section

"The upscale Olympus neighborhood in Newcastle lives up to the grandeur its name implies, with sweeping views of the Olympic Mountains, Lake Washington and Mount Rainier, along with well-kept yards and homes," writes Jolene Gensheimer in a special to The Seattle Times Real Estate section on Sunday, October 14th, 2007.

The Olympus community was established in 1987, when construction of the development began. The development was built during the mid 90's and boasts 267 homes. Olympus is served by two school districts: Issaquah and Renton. The neighborhood benefits from an active homeowner's association that meets on a monthly basis. The association hosts many events that contribute to the sense of intamicy shared by the residents. "Instead of being just a neighborhood of houses, it is a community," says longtime resident Mark Ledbury in Jolene Gensheimer's article.

Residents benefit from quick and easy access to Bellevue, Renton and Seattle via Interstates 405 and 90; easy access to Lake Boren Park found at the community's entrance and wide streets and sidewalks that provide safe, year-round biking, walking, or jogging throughout the neighborhood.

Olympus in Newcastle is just minutes from many great outdoor activities: Go for a day-hike at nearby Coal Creek Canyon Park or Cougar Mountain Regional Wildland Park; golf at The Golf Club At Newcastle; launch your boat on Lake Washington at nearby Gene Coulon Park; or simply enjoy a leisurely walk on the many trails Newcastle has to offer!

Check out this and other neighborhoods at http://www.davidjedwards.com/neighborhoods.asp.

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.

Updated Renton, Newcastle & South Bellevue Real Estate Market Statistics (As of October 22nd, 2007)

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

Single Family Homes

Average Days on Market: 81 Days (Up from 79 Last Week)

Inventory of Active Listings: 511 (Up from 508 Last Week)

Average List Price: $900,932 (Down from $902,500 Last Week)

Average Sale Price: $766,005 (Down from $769,020 Last Week)

Condominiums

Average Days on Market: 55 Days (Up from 53 Last Week)

Inventory of Active Listings: 135 Active Listings (Down from 138 from Last Week)

Average List Price: $339,981 (Down from $340,906 Last Week)

Average Sale Price: $327,190 (Up from $325,598 Last Week)

MLS Area 350 (Renton Highlands)

Single Family Homes

Average Days on Market: 81 Days (Up from 80 Last Week)

Inventory of Active Listings: 489 Active Listings (Down from 495 Last Week)

Average List Price: $523,902 (Up from $522,225 Last Week)

Average Sale Price: $469,182 (Down from $470,829 Last Week)

Condominiums

Average Days on Market: 49 Days (Up from 47 Last Week)

Inventory of Active Listings: 80 Active Listings (Down from 82 last week)

Average List Price: $255,636 (Up from $253,440 Last Week)

Average Sale Price: $245,340 (Down from $246,549 Last Week)

MLS Area 340 (Southeast Renton / Benson Hill)

Single Family Homes

Average Days on Market: 71 Days (Up from 69 Days Last Week)

Inventory of Active Listings: 422 Active Listings (Down from 424 Last Week)

Average List Price: $434,741 (Down from $435,345 Last Week)

Average Sale Price: $403,824 (Down from $405,406 Last Week)

Condominiums

Average Days on Market: 49 Days (Up from 47 Last Week)

Inventory of Active Listings: 93 Active Listings (Down from 98 Last Week)

Average List Price: $246,356 (Up from $245,564 Last Week)

Average Sale Price: $242,626 (Up from $241,685 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 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 on October 21, 2007 at 4610 NE 5th Place, Renton WA 98059

Posted by David Edwards under For Buyers, Regional - West, Open Houses, Listings, Renton
On October 21st, 2007 between 1:00 PM and 4:00 PM, you are invited to an Open House at 4610 NE 5th Place in the Orchards Community of Cherry Tree Lane (Renton 98059)।

If you are looking for a Single-family home in the East Highlands area, don’t miss your opportunity to visit this magnificent property.
This home is listed for $419,950।

To preview the home in advance, check out my site at www.davidjedwards.com.
Please do not hesitate to contact me if you have any questions or are unable to stop in on Sunday and wish to schedule a private showing.

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।

Washington's Real Estate Market is Strong in Spite of Problems Elsewhere in the Nation

According to the Washington Association of REALTORS, the Washington real estate market is a stable and responsible marketplace for home buyers.

The foreclosure rates today are the same as they were 10 years ago. Fewer than one percent of mortgages end in default in Washington state. As of Mid-June, sub-prime, adjustable-rate loans represented 20 percent of loans nationally, but just 6 percent of home loans in Washington.

According to the Washington State University Center for Real Estate Research (CRER), home appreciation in Washington continues to out-perform the rest of the nation with year-to-year price increases in every quarter since the spring of 1995. Home prices in Washington have increased an average of 8.1 percent since the same time last year. The demand for median-priced homes has never been greater.

The home market in Washington isn't keeping pace with the growth of the state's population, which is continuing to increase at 1.8 percent per year. According to the Washington State Office of Financial Management, the state's population will increase by nearly one million over the present decade and reach 6.8 million by 2010. About two thirds of the growth is due to in-migration; the rest is a result of the growth of families now living in Washington.

The housing squeez is forcing some families to take on more debt than they should. Others compensate by accepting longer commutes than they want. Neither is a good situation. We need to provide a variety of home choices to meet changing market demands.

The key to stability in the residential real estate market is balance, where balance is about a six month supply of homes available on the market at any given time.

On the September 26th broadcast of the Today Show, Jim Cramer from Mad Money told Meredith Viera ”Don’t you dare buy now… you will lose money”. Realtor Associations across the country then demanded that NBC instruct Cramer to correct his statement.

The next morning on CNBC's Squak on the Street, Cramer was asked if he would like to correct his statements on the Today Show… his only correction was that Seattle is still a good place to buy homes. If you'd like to see the video of Cramer's correct and statement, check out the video by following this link: http://www.cnbc.com/id/15840232?video=533257614.

I am sure you are tired of listening to the doom and gloom of the national media. What is going on in Florida, southern California and other parts of the country does not represent the market in Washington.

Gary Keller is the founder of Keller Williams. His take on national real estate market reporting is this, "Residential real estate is not a national market product - it is a local one. To say from a national position that this is either a good time or a bad time to buy real estate is like saying the national forecast for the U.S. today is 92 degrees - it is a useless and irrelevant perspective. What is happening in your local market is all that matters."

On that note, I can't speak for the problems other parts of the nation are experiencing but this post is intended to help show the strength and stability of the Washington housing market specifically.

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.

Updated Renton, Newcastle & South Bellevue Real Estate Market Statistics (As of October 15th, 2007)

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

Single Family Homes

Average Days on Market: 79 Days (Up from 78 Last Week)

Inventory of Active Listings: 508 (Down from 524 Last Week)

Average List Price: $902,500 (Down from $903,974 Last Week)

Average Sale Price: $769,020 (Down from $769,216 Last Week)

Condominiums

Average Days on Market: 53 Days (Up from 45 Last Week)

Inventory of Active Listings: 138 Active Listings (Down from 142 from Last Week)

Average List Price: $340,906 (Up from $340,891 Last Week)

Average Sale Price: $325,598 (Down from $326,273 Last Week)

MLS Area 350 (Renton Highlands)

Single Family Homes

Average Days on Market: 80 Days (Up from 79 Last Week)

Inventory of Active Listings: 495 Active Listings (Up from 482 Last Week)

Average List Price: $522,225 (Up from $507,641 Last Week)

Average Sale Price: $470,829 (Up from $470,175 Last Week)

Condominiums

Average Days on Market: 47 Days (No change from Last Week)

Inventory of Active Listings: 82 Active Listings (Up from 70 last week)

Average List Price: $253,440 (Up from $247,809 Last Week)

Average Sale Price: $246,549 (Up from $241,732 Last Week)

MLS Area 340 (Southeast Renton / Benson Hill)

Single Family Homes

Average Days on Market: 69 Days (Up from 67 Days Last Week)

Inventory of Active Listings: 424 Active Listings (Down from 428 Last Week)

Average List Price: $435,345 (Down from $436,454 Last Week)

Average Sale Price: $405,406 (Down from $406,998 Last Week)

Condominiums

Average Days on Market: 47 Days (Up from 44 Last Week)

Inventory of Active Listings: 98 Active Listings (Up from 97 Last Week)

Average List Price: $245,564 (Up from $245,041 Last Week)

Average Sale Price: $241,685 (Up from $240,793 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.

Pacific Northwest Event Calendar - Updated!

Pacific Northwest Events Calendar Updated 10/12/2007!

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.

I have updated my Local Community Events Calendar found online at:http://www.davidjedwards.com/events-calendar.asp

There are literally hundreds of events on the calendar. Some of the most recent additions focus on the Renton neighborhood centers.

Ages 6 and up. Come and check out the fun at North Highlands Neighborhood Center and Highlands Neighborhood Center. Many exciting recreational programs are offered the whole year through! Children are encouraged to take advantage of the various drop-in activities available free of charge. Children are allowed to come and go. Child care is not provided.

Club Highlands Neighborhood Center - 800 Edmonds Ave NE, Renton
-Closed November 12, 22 & 23 & December 24 & 25
Club North Highlands Neighborhood Center - 3000 NE 16th, Renton
-Closed November 12, 22 & 23 & December 24 & 25
Club Highlands & Club North Highlands (Renton)
Ages 6 and up. Membership to Club Highlands or Club North Highlands is free to kids. The membership card provides staff with contact information, allows members access to free drop-in activities, and helps to promote ownership in the neighborhood center. Ask staff for a registration form.

Club Highlands Activities:
Monday - Imagination Games - 4:00 - 5:00 PM
Tuesday - Arena Sports - 4:00 - 5:00 PM
Wednesday - Teen Basketball - 5:00 - 7:00 PM
Thursday - Kids Create Art Club - 3:30 - 4:30 PM
Friday - Kid's Night - 6:00 - 7:00 PM

Club North Highlands Activities:
Monday - Indoor Soccer - 3:00 PM - 5:00 PM
Tuesday - Arts & Crafts - 3:00 PM - 5:00 PM
Wednesday - Group Games - 3:00 PM - 5:00 PM
Thursday - Tournament Time - 3:00 PM - 5:00 PM
Friday - Movie of the Week (PG or G) 3:00 PM - 5:00 PM
Rental Information (Renton)
Looking for a facility to hold a smaller meeting or function? Highlands and North Highlands Neighborhood Centers and Kennydale Park, Kiwanis Park, Philip Arnold Park, Teasdale Park, and Tiffany Park recreation buildings are available for rent on an hourly basis.

Meeting Rooms:
During Operating Hours - $20 Renton Resident / $25 Non-Renton Resident
During Non Operating Hours - $35 Renton Resident / $40 Non-Renton Resident

Gymnasium:
During Operating Hours - $20 Renton Resident / $25 Non-Resident
During Non Operating Hours - $35 Renton Resident / $40 Non-Renton Resident
Park Building (3 Hour Minimum) $20 Renton Resident / $25 Non Renton Resident
For more information call 425-430-6725.

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 EdwardsREALTOR®Keller Williams Realty Southeast SoundPhone: 425-890-8045E-Mail: david@davidjedwards.comWebsite: http://www.davidjedwards.comBlogsite: 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.

Renton Highlands Property Values will benefit from Coal Creek Parkway’s Expansion

Coal Creek Parkway is the only north and south roadway alternative to I-405 between the cities of Bellevue and Renton, which makes it a vital regional corridor. You may have noticed the beginnings of some road construction along Coal Creek Parkway just north of Duvall at the Renton / Newcastle Border.

This Coal Creek Parkway project will widen Coal Creek Parkway between SE 84th Street and SE 95th Way from two to four travel lanes with left-turn pockets, a landscaped median, bike lanes, sidewalks, curbs and gutters, crosswalks, illumination, and drainage facilities. New traffic signals will be installed at SE 89th Street, May Valley Road, and SE 95th Street. The existing May Creek Bridge will be replaced with a four-lane structure. The existing Boren Creek culvert will be replaced with a larger structure that will allow fish passage.

Completion of the Coal Creek Parkway project prior to the launch of the Renton to Bellevue portion of the I-405 expansion project is critical. The I-405 project will add two new lanes in each direction between SR 169 in Renton and I-90 in Bellevue and will rebuild eight interchanges. During construction, normal I-405 traffic will be forced onto Coal Creek Parkway.
Most of the traffic on the parkway is pass-through traffic. Despite this fact, it has been the City of Newcastle who has stepped up to lead the effort to secure funding from all levels of government, including county, state and federal dollars.

Once completion of the Parkway is complete, residents at the mouth of the Parkway in Renton will benefit from a congestion free commute to Bellevue without experiencing an increase in property taxes.

As of October 8th, the average sale price of a home in the Renton Highlands (MLS Area 350) was 61% of the average sale price of a home in Newcastle (MLS Area 500). It seems likely that homeowners in MLS Area 350 will experience a significant spike in property values once the congestion issues of Coal Creek Parkway are resolved. This is because real estate is all about location and the closer a home is to an urban core such as Bellevue, the more the location tends to be worth. Expanding Coal Creek Parkway will reduce current commute times for Renton citizens. It will bring them in line with commute times that people are currently paying 60% more for in Newcastle. Of course, using the same logic, Newcastle residents stand to benefit from this as well.

These exciting transportation projects make MLS Area 350, which covers the 98059 and 98056 zip codes in Renton, an exciting place to purchase a home. Homeowners who are planning to sell a home in this area should research the benefits of the transportation initiatives so they can share them with potential buyers.

For more information visit:http://www.ci.newcastle.wa.us/r_yg_city_projects.asp

Roads & Transit Plan for Renton
On August 20th, the Renton City Council passed a resolution in support of the Roads & Transit Plan. Voters will vote on this package this November.

The Roads & Transit Plan includes the following projects in Renton:

- I-405 Bellevue to Renton lane additions

- SR 167 / I-405 interchange HOV to HOV direct lane connection

- SR 167 HOT (toll) lanes- Southbound I-405 to eastbound SR 169 flyover ramp

- SR 167 Green River Valley corridor congestion relief projects

David Edwards

REALTOR®

Keller Williams Realty Southeast Sound

Phone: 425-890-8045

E-Mail: david@davidjedwards.com

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

: 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! Tuesday October 9th from 12:00 to 3:00 PM in Renton's Summerfield Neighborhood

Posted by David Edwards under For Buyers, For Realty Professionals, Regional - West, Open Houses, Listings, Renton

The entryway, with its wood floors and vaulted ceilings, will lead you to a spacious kitchen with a granite tiled, center island. The master bedroom is oversized and comes complete with a 5 piece bath and walk-in closet!!! You’ll love the NEW roof, fully fenced and landscaped private yard, complete with a refinished deck for entertaining. This home is perfectly situated along a greenbelt with access to trails for hiking.

Price: $407,999

Bedrooms: 3

Bathrooms: 2.5

Square Feet: 2000

MLS: 27148759

For More Information Feel Free to Visit:http://www.davidjedwards.com/featured-listings.asp?listing_id={9ECFB9D0-B978-41A7-9F11-36EBF3E9E94F}

Driving Directions: From I-405, drive SE on Renton Maple Valley Rd / WA-169 for 1.4 miles. Turn right onto 161st Ave SE into Summerfield Community. Turn right on 156th St SE. Turn left onto 160th Ct SE. The address is: 15616 160th Ct SE, Renton, WA, 98058.

If you have any questions about this property or if you would like to schedule a private showing, please let me know.

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 10/05/2007!

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.

I have updated my Local Community Events Calendar found online at:http://www.davidjedwards.com/events-calendar.asp

There are literally hundreds of events on the calendar. Some of the most recent additions include:

Clam Lights - Friday November 30th - Free!
Start your holiday season off with an evening of entertainment, holiday spirit, and stunning visual effects. A fun event for young and old alike. Co-sponsored by Ivar's Inc., and the City of Renton, this event draws thousands of spectators each year.

6:30 PM - Entertainment

7:15 PM - Official "Clam Lights" Lighting - Don't miss the 14th annual Clam Lights event at Coulon Beach Park. What started as a small lighting display has now expanded to an event that draws thousands of people each season with its wondrous array of lighting. The magic begins when the main switch is thrown to transform Gene Coulon Beach Memorial Beach Park into a winter wonderland. Marvel at the lighting on the buildings, trees, shrubbery, and walkways. See Clam Lights nightly through January 1st.

7:30 PM - "Parade of Boats" - Welcome the arrival of the Rainier Yacht Club's lighted boat parade. Each boat is decked out in the spirit of the season, and will surely be a thrill for all.

Argosy Christmas Ship - Monday December 3rd - Free!
Featuring entertainment by a local northwest choir, the Christmas Ship will be just off the shores of Gene Coulon Memorial Beach Park from 6:00 to 6:20 PM. The ship's annual visit draws an audience of thousands and is sure to put you in the holiday spirit. This event is free!

Breakfast with Santa - Saturday December 8th
Children ages 2 to 12 are invited to a special Saturday breakfast with Santa. Parents, grandparents, and kids can enjoy a fabulous breakfast and wonderful entertainment. Children must be accompanied by an adult. The breakfast and program are prepared with the help of Renton Senior Activity Center volunteers. Two seatings, 9:00 AM and 12:00 PM are available. Advance tickets are required and go on sale Wednesday, November 1st. The cost is $6 per person. Call the Renton Senior Activity Center for more details or to purchase tickets at 425-430-6633.

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.

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.

Price Reductions!

Was $419,999 Now $407,999! (Open House today, Oct 2nd from 12:00 to 3:00 PM)

15616 160th Ct SE Renton, WA 98058

Bedrooms: 3

Bathrooms: 2.50

Square Feet: 2000

Lot Size: 8526 sf

Year Built: 1987

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

Was $414,900 Now $409,900!

4409 NE 20th St Renton, WA 98059

Bedrooms: 5!Bathrooms: 2.5

Square Feet: 2230

Lot Size: 7210

Year Built: 1976

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

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.