Updated Real Estate Market Statistics (As of August 13th, 2007)

King County (Washington State)
Single Family Homes
Average Days on Market: 62 Days (Up from 61 Days Last Week)
Inventory of Active Listings: 9012 Active Listings (Up from 8808 Last Week)
Average List Price: $698,089 (Up from $689,459 Last Week)
Average Sale Price: $594,051 (Down from $791,424 Last Week)

Condominiums
Average Days on Market: 57 Days (Up from 56 Days Last Week)
Inventory of Active Listings: 3,071 Active Listings (Up from 3,028 Last Week)
Average List Price: $447,841 (Down from $450,327 Last Week)
Average Sale Price: $294,396 (Down from $376,255 Last Week)

Note: For King County only, stats are based on activity within the last seven days. They do not include manufactured homes or unfinished new construction. They do not include Cancelled Listings.

MLS Area 350 (Renton Highlands)
Single Family Homes
Average Days on Market: 79 Days (Up From 73 Days Last Week)
Inventory of Active Listings: 409 Active Listings (Up from 396 Last Week)
Average List Price: $504,861 (Down from $525,949 Last Week)
Average Sale Price: $474,239 (Up from $468,829 Last Week)

Condominiums
Average Days on Market: 36 Days (Down from 39 Days Last Week)
Inventory of Active Listings: 60 Active Listings (Up from 59 Last Week)
Average List Price: $243,009 (Down from $250,602 Last Week)
Average Sale Price: $238,611 (Down from $296,800 Last Week)

MLS Area 500 (Newcastle, Bellevue South of I-90 & Issaquah South of I-90)
Single Family Homes
Average Days on Market: 75 Days (Down from 77 Days Last Week)
Inventory of Active Listings: 476 Active Listings (Up from 465 Last Week)
Average List Price: $896,872 (Down from $993,137 Last Week)
Average Sale Price: $777,716 (Down from $958,452 Last Week)

Condominiums
Average Days on Market: 44 Days (Up from 47 Last Week)
Inventory of Active Listings: 116 Active Listings (Up from 108 Last Week)
Average List Price: $348,392 (Down from $354,212 Last Week)
Average Sale Price: $337,048 (Down from $366,800 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.

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.