Updated Real Estate Market Statistics (As of July 30th, 2007)

King County (Washington State)
Single Family Homes
Average Days on Market: 60 Days
Inventory of Active Listings: 8810 Active Listings
Average List Price: $701,296
Average Sale Price: $791,424

Condominiums
Average Days on Market: 55 Days
Inventory of Active Listings: 3,000 Active Listings
Average List Price: $450,524
Average Sale Price: $350,028

Note: For King County only, stats do not include manufactured homes or unfinished new construction.

MLS Area 350 (Renton Highlands)
Single Family Homes
Average Days on Market: 79 Days (Up From 78 Days Last Week)
Inventory of Active Listings: 398 Active Listings (Down from 404 Last Week)
Average List Price: $500,894 (Up from $500,169 Last Week)
Average Sale Price: $472,962 (Up From $472,776 Last Week)

Condominiums
Average Days on Market: 35 Days (Down from 36 Days Last Week)
Inventory of Active Listings: 51 Active Listings (Up from 41 Last Week)
Average List Price: $243,662 (Down from $247,093 Last Week)
Average Sale Price: $237,550 (Down from $238,976 Last Week)

MLS Area 500 (Newcastle & South Bellevue)
Single Family Homes
Average Days on Market: 75 Days (No Change from Last Week)
Inventory of Active Listings: 487 Active Listings (Up from 485 Last Week)
Average List Price: $896,833 (Down from $897,685 Last Week)
Average Sale Price: $769,599 (Up from $765,153 Last Week)

Condominiums
Average Days on Market: 44 Days (Up from 42 Last Week)
Inventory of Active Listings: 108 Active Listings (Up from 101 Last Week)Average List Price: $350,653 (Down from $350,978 Last Week)
Average Sale Price: $334,861 (Down from $335,153 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.

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.