Seattle Metro Market Stats Q2 2011

Page 2

2011 Second Quarter Apr/May/June From the NWMLS, NWREporter June 6 release - KIRKLAND, WA. Northwest Multiple Listing Service members reported a 43 percent increase in pending sales of single family homes and condominiums during May compared to the same month a year ago. Sellers accepted offers from 7,509 buyers last month, up from the year-ago total of 5,242 pending sales. "We're seeing a definite shift in the market – especially in the areas closer to Seattle and Bellevue," remarked OB Jacobi, president of Windermere Real Estate and a member of the Northwest MLS board of directors. "Homes that are priced aggressively are seeing a lot of competition and we're even getting reports of some homes selling before buyers can act," he stated. Read more on our blog: www.WindermereWestSeattle.com Area

SEATTLE CORE Downtown, Belltown IN-CITY Queen Anne, Magnolia

NW SEATTLE Ballard, GreenLake, Fremont, Wallingford NE SEATTLE View Ridge, Maple Leaf, Northgate CENTRAL SEATTLE Capitol Hill, Central District, Madison Park SE SEATTLE Beacon Hill, Mt Baker, Columbia City, Seward Park, Rainier WEST SEATTLE

Number of Homes Sold Q2

Average Sold Price

Median Sold Price

Average Size (Sq Footage)

Days on market DOM

Houses

Condos

Houses

Condos

Houses

Condos

Houses

Condos

Houses

Condos

na

129

na

$516,124

Na

$365,000

Na

1005

na

79

136

84

$645,652

$311,583

$533,500

$243,250

2335

1015

64

79

396

72

$438,091

$246,908

$399,225

$230,500

1820

903

38

71

294

43

$486,468

$206,042

$425,000

$194,000

2045

1058

44

67

207

119

$714,921

$310,328

$579,000

$250,000

2398

905

59

111

207

14

$320,330

$149,823

$277,975

$155,562

1768

828

75

81

319

38

$299,000

$345,489

$337,267

$239,750

1798

1230

57

106

All data compiled from NW Multiple Listing Service, this information is deemed reliable, but is not a guarantee nor is it guaranteed, and should be verified to your satisfaction.


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