Updated Renton, Newcastle & South Bellevue Real Estate Market Statistics (As of October 15th, 2007)

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

Single Family Homes

Average Days on Market: 79 Days (Up from 78 Last Week)

Inventory of Active Listings: 508 (Down from 524 Last Week)

Average List Price: $902,500 (Down from $903,974 Last Week)

Average Sale Price: $769,020 (Down from $769,216 Last Week)

Condominiums

Average Days on Market: 53 Days (Up from 45 Last Week)

Inventory of Active Listings: 138 Active Listings (Down from 142 from Last Week)

Average List Price: $340,906 (Up from $340,891 Last Week)

Average Sale Price: $325,598 (Down from $326,273 Last Week)

MLS Area 350 (Renton Highlands)

Single Family Homes

Average Days on Market: 80 Days (Up from 79 Last Week)

Inventory of Active Listings: 495 Active Listings (Up from 482 Last Week)

Average List Price: $522,225 (Up from $507,641 Last Week)

Average Sale Price: $470,829 (Up from $470,175 Last Week)

Condominiums

Average Days on Market: 47 Days (No change from Last Week)

Inventory of Active Listings: 82 Active Listings (Up from 70 last week)

Average List Price: $253,440 (Up from $247,809 Last Week)

Average Sale Price: $246,549 (Up from $241,732 Last Week)

MLS Area 340 (Southeast Renton / Benson Hill)

Single Family Homes

Average Days on Market: 69 Days (Up from 67 Days Last Week)

Inventory of Active Listings: 424 Active Listings (Down from 428 Last Week)

Average List Price: $435,345 (Down from $436,454 Last Week)

Average Sale Price: $405,406 (Down from $406,998 Last Week)

Condominiums

Average Days on Market: 47 Days (Up from 44 Last Week)

Inventory of Active Listings: 98 Active Listings (Up from 97 Last Week)

Average List Price: $245,564 (Up from $245,041 Last Week)

Average Sale Price: $241,685 (Up from $240,793 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 EdwardsREALTOR®Keller Williams Realty Southeast SoundPhone: 425-890-8045E-Mail: david@davidjedwards.comWebsite: 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.