Monday, November 19, 2007

Updated Renton Real Estate, Newcastle Real Estate & South Bellevue Real Estate Market Statistics (As of November 19th , 2007)


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

Single Family Homes

Average Days on Market: 86 Days (Up from 85 Last Week)

Inventory of Active Listings: 467 (Down from 469 Last Week)

Average List Price: $893,389 (Down from $896,820 Last Week)

Average Sale Price: $765,847 (Up from $764,159 Last Week) - Up two weeks in a row.

Condominiums

Average Days on Market: 51 Days (Up from 50 Last Week)

Inventory of Active Listings: 130 Active Listings (Down from 139 from Last Week)

Average List Price: $338,285 (Down from $338,557 Last Week)

Average Sale Price: $327,400 (Up from $326,955 Last Week) - Up two weeks in a row.


MLS Area 350 (Renton Highlands)

Single Family Homes

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

Inventory of Active Listings: 480 Active Listings (Up from 476 Last Week)

Average List Price: $540,610 (Up from $531,261 Last Week)

Average Sale Price: $460,285 (Up from $460,108 Last Week)

Condominiums

Average Days on Market: 54 Days (Up from 53 Last Week)

Inventory of Active Listings: 69 Active Listings (Down from 76 last week)

Average List Price: $253,254 (Down from $254,126 Last Week)

Average Sale Price: $235,072 (Down from $240,314 Last Week)


MLS Area 340 (Southeast Renton / Benson Hill)

Single Family Homes

Average Days on Market: 75 Days (Up from 74 Days Last Week)

Inventory of Active Listings: 367 Active Listings (Down from 368 Last Week)

Average List Price: $430,907 (Up from $430,329 Last Week)

Average Sale Price: $397,178 (Down from $397,782 Last Week)


Condominiums

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

Inventory of Active Listings: 93 Active Listings (Down from 99 Last Week)

Average List Price: $244,101 (Down from $243,897 Last Week)

Average Sale Price: $238,301 (Down from $238,548 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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