Windermere Real Estate
Seattle Metro A special report on residential real estate sales in King County for First Quarter 2014 / January through March
w Windermere Real Estate/Wall St., Inc.
First Quarter 2014 From the NWMLS, March release - KIRKLAND, WA.
Home Sales Shrink: Buyers take a timeout due to inventory shortages. With increasing equity, many current homeowners are expected to come into the market. “This is the year of the move-up seller,” declared MLS director John Deely. He believes many people who currently own a home will move into a “nicer home, a bigger home, or a home in a different part of town.” People who didn’t have enough equity in their house, or didn’t have enough confidence in the economy, didn’t move up the past few years, said Deely. “We are going to see these people start to come to the market this spring. This is going to be a phenomenal year—not just an average year—a phenomenal year,” he remarked.
Number of Homes Sold Q1
SEATTLE CORE Downtown, Belltown 701
Average Sold Price
Average List Price
Days on market DOM
IN-CITY Queen Anne, Magnolia 700
NW SEATTLE Ballard, GreenLake, Fremont, Wallingford 705
NE SEATTLE View Ridge, Maple Leaf, Northgate 710
CENTRAL SEATTLE Capitol Hill, Central District, Madison Park 390
SE SEATTLE Mt Baker, Leschi Columbia City, Seward Park, Rainier 380
SE SEATTLE Beacon Hill, SODO Georgetown 385
WEST SEATTLE 140
All data compiled from Northwest Multiple Listing Service, this information is deemed reliable, but is not a guarantee and should be verified to your satisfaction.
First Quarter 2014 Residential Home For Sale vs. Sold Report for the past 13 months •
The For Sale numbers are the snapshot of the number of property for sale at the end of the month. The Pended numbers represent the number of properties that went into the "pending" status in that month. The Sold numbers represent the number of properties that are sold on a particular month.
Condominium For Sale vs. Sold Report for the past 13 months What Does For Sale vs. Sold Report Do? • It helps determine the trend of market supply and demand. • It helps determine whether the current market is a seller or buyer market. • It helps determine the minimum length of the listing period. • It helps identify which price range the majority of the properties are in, within a given area. • It helps focus on where the buyer's activities are and the market conditions.
Experience the Windermere Difference commitment + connection + consistency = the Windermere Way
c: 206-755-5757 o: 206-448-6400
e: firstname.lastname@example.org w: www.krishendricks.com
Connect with us: Facebook www.Facebook.com/windermerewallstreet