Updated Real Estate Market Statistics - July 16th 2007

Updated Real Estate Market Statistics (As of July 16th, 2007)

Area 350 (Renton Highlands)

Single Family Homes
Average Days on Market: 78 Days (Down from 79 Days Last Week)
Inventory of Active Listings: 395 Active Listings (Up from 380 Last Week)
Average List Price: $502,014 (Down from $503,757 Last Week)
Average Sale Price: $474,074 (Up from $472,596 Last Week)

Condominiums
Average Days on Market: 33 Days (Up from 35 Days Last Week)
Inventory of Active Listings: 43 Active Listings (Down from 46 Last Week)
Average List Price: $246,716 (Down from $246,747 Last Week)
Average Sale Price: $239,838 (Up from $238,307 Last Week)


Area 500 (Newcastle & South Bellevue)

Single Family Homes
Average Days on Market: 74 Days (No Change from Last Week)
Inventory of Active Listings: 474 Active Listings (Up from 470 Last Week)
Average List Price: $899,878 (Down from $905,414 Last Week)
Average Sale Price: $763,141 (Down from $763,885 Last Week)

Condominiums
Average Days on Market: 43 Days (Up from 42 Last Week)
Inventory of Active Listings: 89 Active Listings (Down from 92 Last Week)
Average List Price: $352,646 (Up from $351,293 Last Week)
Average Sale Price: $334,403 (Down from $334,797 Last Week)

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

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.