Updated Real Estate Market Statistics (As of October 1st, 2007)

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

Single Family Homes

Average Days on Market: 77 Days (Up from 76 Last Week)

Inventory of Active Listings: 524 (Down from 547 Active Listings Last Week)

Average List Price: $904,912 (Up from $904,824 Last Week)

Average Sale Price: $772,772 (Down from $779,345 Last Week)

Condominiums

Average Days on Market: 43 Days (No change from Last Week)

Inventory of Active Listings: 143 Active Listings (Up from 131 from Last Week)

Average List Price: $337,867 (Down from $339,423 Last Week)

Average Sale Price: $326,849 (Down from $330,812 Last Week)

MLS Area 350 (Renton Highlands)

Single Family Homes

Average Days on Market: 79 Days (No Change from Last Week)

Inventory of Active Listings: 481 Active Listings (Up from 472 Last Week)

Average List Price: $504,573 (Down from $505,958 Last Week)

Average Sale Price: $469,060 (Down from $471,005 Last Week)

Condominiums

Average Days on Market: 46 Days (Up from 45 from Last Week)

Inventory of Active Listings: 63 Active Listings (Down from 66 last week)

Average List Price: $241,687 (Down from $238,709 Last Week)

Average Sale Price: $242,291 (Up from $240,211 Last Week)

MLS Area 340 (Southeast Renton / Benson Hill)

Single Family Homes

Average Days on Market: 66 Days (No change from Last Week)

Inventory of Active Listings: 422 Active Listings (No change from Last Week)

Average List Price: $438,130 (Down from $440,016 Last Week)

Average Sale Price: $408,391 (Down from $413,233 Last Week)

Condominiums

Average Days on Market: 43 Days (Up from 41 Last Week)

Inventory of Active Listings: 96 Active Listings (Up from 94 Last Week)

Average List Price: $245,473 (Up from $245,465 Last Week)

Average Sale Price: $239,367 (Up from $238,609 Last Week)

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

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.