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Windermere Real Estate

Market Review

Seattle Metro A special report on residential real estate sales in King County 2012 Year End Recap

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Fourth Quarter 2012 From the NWMLS, NWREporter January release - KIRKLAND, WA. Northwest MLS Tallies Busy December as First-me Buyers, Investors Return Home buyers around western Washington made oers on 5,314 residences during December, outnumbering the 3,857 owners who listed their homes for sale. The imbalance helped push up prices and further thin already depleted inventory. While the expected seasonal slowdown occurred last month, determined buyers were undaunted by sparse inventory and record-breaking rainy days, according to December sta's'cs from Northwest Mul'ple Lis'ng Service.

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Number of Homes Sold Q4

Average Sold Price

Median Sold Price

Days on market DOM

Houses

Condos

Houses

Condos

Houses

Condos

Houses

Condos

SEATTLE CORE Downtown, Belltown 701

Na

118

Na

$574,278

Na

$444,500

Na

56 days

IN-CITY Queen Anne, Magnolia 700

149

55

$616,002

$300,621

$506,000

$275,000

50 days

51

NW SEATTLE Ballard, GreenLake, Fremont, Wallingford 705

386

83

$473,608

$226,537

$434,250

$215,000

27

50

NE SEATTLE View Ridge, Maple Leaf, Northgate 710

291

65

$514,042

$201,177

$450,000

$173,000

28

49

CENTRAL SEATTLE Capitol Hill, Central District, Madison Park 390

176

131

$806,439

$354,605

$685,000

$282,000

40

58

SE SEATTLE Mt Baker, Leschi Columbia City, Seward Park, Rainier 380

142

5

$352,228

$204,980

$309,000

$154,900

45

128

SE SEATTLE Beacon Hill, SODO Georgetown 385

65

6

$278,408

$181,108

$278,000

$177,500

50

35

339

56

$374,206

$296,055

$340,000

$238,000

44

77

WEST SEATTLE 140

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.


Year End Recap 2012

Residential Home Sales Trends for Year 2012 Depic'ng Number of homes sold by Area And Medial Sales Price by Area

Condominium Sales Trends for Year 2012 Depic'ng Number of homes sold by Area And Medial Sales Price by Area

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Gerry Ann Lanphier Direct: 206-484-6586 Office: 206-448-6400 gerryl@windermere.com www.gerrylanphier.com

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2012 Q4 Market Reivew