Updated Real Estate Market Statistics (As of August 20th, 2007)

King County (Washington State)

Single Family Homes

Average Days on Market: 62 Days (No Change from Last Week)

Inventory of Active Listings: 9075 Active Listings (Up from 9012 Last Week)

Average List Price: $695,910 (Down from $698,089 Last Week)

Average Sale Price: $557,752 (Down from $594,051 Last Week)

Condominiums

Days on Market: 59 Days (Up from 57 Days Last Week)

Inventory of Active Listings: 3140 Active Listings (Up from 3,071 Last Week)

Average List Price: $446,194 (Down from $447,841 Last Week)

Average Sale Price: $327,421 (Up from $294,396 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: 78 Days (Down From 79 Days Last Week)

Inventory of Active Listings: 412 Active Listings (Up from 409 Last Week)

Average List Price: $505,294 (Up from $504,861 Last Week)

Average Sale Price: $471,994 (Down from $474,239 Last Week)

Condominiums

Average Days on Market: 36 Days (No Change from Last Week)

Inventory of Active Listings: 67 Active Listings (Up from 60 Last Week)

Average List Price: $242,319 (Down from $243,009 Last Week)

Average Sale Price: $239,168 (Up from $238,611 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 (No Change from Last Week)

Inventory of Active Listings: 478 Active Listings (Up from 476 Last Week)

Average List Price: $894,405 (Down from $896,872 Last Week)

Average Sale Price: $777,468 (Down from $777,716 Last Week)

Condominiums

Average Days on Market: 44 Days (No Change from Last Week)

Inventory of Active Listings: 112 Active Listings (Down from 116 Last Week)

Average List Price: $347,200 (Down from $348,392 Last Week)

Average Sale Price: $337,762 (Up from $337,048 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.