MLS Area 500 (Newcastle, Bellevue South of I-90 & Issaquah South of I-90)
Single Family Homes
Average Days on Market: 99 Days (Up from 98 Last Week)
Inventory of Active Listings: 394 (Down from 403 Last Week)
Inventory of Sold Listings: 382 (Down from 400 Last Week)
63.66 listings are absorbed by demand each month on average. (Down from 66.66 as of Last Week)
6.18 Months Worth of Supply (Up from 6.04 as of Last Week)
Average List Price: $893,563 (Down from $895,409 Last Week)
Average Sale Price: $776,050 (Down from $777,394 Last Week)
Condominiums
Average Days on Market: 60 Days (Up from 59 Last Week)
Inventory of Active Listings: 97 Active Listings (Down from 101 from Last Week)
Inventory of Sold Listings: 194 (Down from 196 Last Week)
32.33 listings are absorbed by demand each month on average. (Down from 32.66 as of Last Week)
3.00 Months Worth of Supply (Down from 3.09 Last Week)
Average List Price: $335,791 (Up from $334,906 Last Week)
Average Sale Price: $315,482 (Down from $316,131 Last Week)
MLS Area 350 (Northeast Renton / Renton Highlands, Briarwood)
Single Family Homes
Average Days on Market: 95 Days (Down from 97 Last Week)
Inventory of Active Listings: 389 Active Listings (Down from 395 Last Week)
Inventory of Sold Listings: 380 (Down from 382 Last Week)
63.33 listings are absorbed by demand each month on average.(Down from 63.66 as of Last Week)
6.14 Months Worth of Supply (Down from 6.20 Last Week)
Average List Price: $549,140 (Up from $547,504 Last Week)
Average Sale Price: $458,663 (Down from $460,800 Last Week)
Condominiums
Average Days on Market: 66 Days (No change from Last Week)
Inventory of Active Listings: 61 Active Listings (Down from 67 last week)
Inventory of Sold Listings: 74 (Up from 73 Last Week)
12.33 listings are absorbed by demand each month on average. (Up from 12.66 as of Last Week)
4.94 Months Worth of Supply (Down from 5.5 Last Week)
Average List Price: $253,938 (Up from $253,569 Last Week)
Average Sale Price: $227,751 (Down from $228,227 Last Week)
MLS Area 340 (Southeast Renton / Benson Hill, Fairwood)
Single Family Homes
Average Days on Market: 83 Days (No change from Last Week)
Inventory of Active Listings: 309 Active Listings (Down from 326 Last Week)
Inventory of Sold Listings: 321 (Down from 319 Last Week)
53.5 listings are absorbed by demand each month on average. (Down from 54.33 as of Last Week)
5.77 Months Worth of Supply (Down from 6.0 Last Week)
Average List Price: $430,740 (Up from $430,420 Last Week)
Average Sale Price: $390,283 (Down from $392,029 Last Week)
Condominiums
Average Days on Market: 65 Days (No change from Last Week)
Inventory of Active Listings: 89 Active Listings (Up from 85 Last Week)
Inventory of Sold Listings: 102 (Down from 104 Last Week)
17.0 listings are absorbed by demand each month on average. (Down from 17.3 as of Last Week)5.23 Months Worth of Supply (Up from 4.90 Last Week)
Average List Price: $245,833 (Down from $248,982 Last Week)
Average Sale Price: $238,546 (Down from $239,899 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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