Monday, September 10, 2007

Updated Real Estate Market Statistics (As of September 10th, 2007)

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

Single Family Homes

Average Days on Market: 76 Days (No change from Last Week)

Inventory of Active Listings: 506 (Up from 495 Active Listings Last Week)

Average List Price: $900,833 (Up from $893,355 Last Week)

Average Sale Price: $782,097 (Up from $774,471 Last Week)

Condominiums

Average Days on Market: 44 Days (Up from 42 from Last Week)

Inventory of Active Listings: 130 Active Listings (No change from Last Week)

Average List Price: $342,407 (Up from $342,172 Last Week)

Average Sale Price: $336,438 (Down from $338,097 Last Week)

MLS Area 350 (Renton Highlands)

Single Family Homes

Average Days on Market: 78 Days (No Change from Last Week)

Inventory of Active Listings: 458 (Up from 437 Active Listings Last Week)

Average List Price: $506,964 (Up from $505,439 Last Week)

Average Sale Price: $470,181 (Up from $469,699 Last Week)

Condominiums

Average Days on Market: 42 Days (Up from 37 from Last Week)

Inventory of Active Listings: 61 Active Listings (No change from last week)

Average List Price: $236,893 (Down from $237,832 Last Week)

Average Sale Price: $238,232 (Down from $238,788 Last Week)

MLS Area 340 (Southeast Renton / Benson Hill)

Single Family Homes

Average Days on Market: 63 Days

Inventory of Active Listings: 409 Active Listings

Average List Price: $438,999

Average Sale Price: $413,997

Condominiums

Average Days on Market: 38 Days

Inventory of Active Listings: 93 Active Listings

Average List Price: $246,350

Average Sale Price: $241,020

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
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.

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