Monday, November 12, 2007

Updated Renton Real Estate, Newcastle Real Estate & South Bellevue Real Estate Market Statistics (As of November 12th , 2007)


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

Single Family Homes

Average Days on Market: 85 Days (Up from 84 Last Week)

Inventory of Active Listings: 469 (Down from 481 Last Week)

Average List Price: $896,828 (Down from $898,844 Last Week)

Average Sale Price: $764,159 (Up from $760,474 Last Week)

Condominiums

Average Days on Market: 50 Days (No Change from Last Week)

Inventory of Active Listings: 139 Active Listings (Up from 126 from Last Week)

Average List Price: $338,557 Up from $338,284 Last Week)

Average Sale Price: $326,955 (Up from $326,255 Last Week)

MLS Area 350 (Renton Highlands)

Single Family Homes

Average Days on Market: 84 Days (Up from 82 Last Week)

Inventory of Active Listings: 476 Active Listings (Down from 477 Last Week)

Average List Price: $531,261 (Up from $525,517 Last Week)

Average Sale Price: $460,108 (Down from $460,988 Last Week)


Condominiums

Average Days on Market: 53 Days (Up from 52 Last Week)

Inventory of Active Listings: 76 Active Listings (Down from 79 last week)

Average List Price: $254,126 (Down from $254,137 Last Week)

Average Sale Price: $240,314 (Up from $239,464 Last Week)


MLS Area 340 (Southeast Renton / Benson Hill)

Single Family Homes

Average Days on Market: 74 Days (Up from 73 Days Last Week)

Inventory of Active Listings: 368 Active Listings (Down from 379 Last Week)

Average List Price: $430,329 (Down from $431,935 Last Week)

Average Sale Price: $397,782 (Down from $398,970 Last Week)


Condominiums

Average Days on Market: 52 Days (Up from 51 Last Week)

Inventory of Active Listings: 99 Active Listings (Down from 101 Last Week)

Average List Price: $243,897 (Down from $244,195 Last Week)

Average Sale Price: $238,548 (Up from $238,024 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

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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