MLS Area 500 (Newcastle, Bellevue South of I-90 & Issaquah South of I-90)
Single Family Homes
Average Days on Market: 88 Days (Up from 86 Last Week)
Inventory of Active Listings: 464 (Down from 467 Last Week)
Inventory of Sold Listings: 464 (Down from 472 Last Week)
77.33 listings are absorbed by demand each month on average. (78.6 as of Last Week)
6 Months Worth of Supply (5.93 as of Last Week)
Average List Price: $892,550 (Down from $893,389 Last Week)
Average Sale Price: $766,040 (Up from $765,847 Last Week) - Up three weeks in a row.
Condominiums
Average Days on Market: 53 Days (Up from 51 Last Week)
Inventory of Active Listings: 120 Active Listings (Down from 130 from Last Week)
Inventory of Sold Listings: 215
35.83 listings are absorbed by demand each month on average.
3.34 Months Worth of Supply
Average List Price: $337,800 (Down from $338,285 Last Week)
Average Sale Price: $324,009 (Down from $327,400 Last Week)
MLS Area 350 (Northeast Renton / Renton Highlands, Briarwood)
Single Family Homes
Average Days on Market: 87 Days (Up from 85 Last Week)
Inventory of Active Listings: 471 Active Listings (Down from 480 Last Week)
Inventory of Sold Listings: 455
75.83 listings are absorbed by demand each month on average.
6.21 Months Worth of Supply
Average List Price: $540,951 (Up from $540,610 Last Week) - Up two weeks in a row.
Average Sale Price: $461,029 (Up from $460,285 Last Week) - Up two weeks in a row.
Condominiums
Average Days on Market: 56 Days (Up from 54 Last Week)
Inventory of Active Listings: 66 Active Listings (Down from 69 last week)
Inventory of Sold Listings: 8714.5 listings are absorbed by demand each month on average.
4.55 Months Worth of Supply
Average List Price: $253,472 (Up from $253,254 Last Week)
Average Sale Price: $237,345 (Up from $235,072 Last Week)
MLS Area 340 (Southeast Renton / Benson Hill, Fairwood)
Single Family Homes
Average Days on Market: 76 Days (Up from 75 Days Last Week)
Inventory of Active Listings: 365 Active Listings (Down from 367 Last Week)
Inventory of Sold Listings: 365
60.83 listings are absorbed by demand each month on average.
6.00 Months Worth of Supply
Average List Price: $431,367 (Up from $430,907 Last Week)
Average Sale Price: $398,229 (Down from $397,178 Last Week)
Condominiums
Average Days on Market: 55 Days (Up from 53 Last Week)
Inventory of Active Listings: 94 Active Listings (Up from 93 Last Week)
Inventory of Sold Listings: 125
20.83 listings are absorbed by demand each month on average.
4.51 Months Worth of Supply
Average List Price: $243,691 (Up from $243,101 Last Week)
Average Sale Price: $236,873 (Down from $238,301 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/
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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