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Windermere Real Estate

Market Review

Seattle Metro A special report on residential real estate sales in King County for Third Quarter 2013 / July through September

w Windermere Real Estate/Wall St., Inc.


Third Quarter From the NWMLS, October release - KIRKLAND, WA. September tested the housing market's resilience around Western Washington with fluctuang mortgage rates, recordseng rains, and persistent inventory shortages in some areas. By month's end, however, both pending and closed sales outgained the same period a year ago, according to the latest figures from Northwest Mulple Lisng Service. Northwest MLS director John Deely said the Sea(le market shows no signs of slowing down and house-hunters seem undaunted by soggy weather. “Buyers connue to flood open houses and mulple offers rain down on compevely

Area

Number of Homes Sold Q1

Average Sold Price

Average List Price

Days on market DOM

Houses

Condos

Houses

Condos

Houses

Condos

Houses

Condos

SEATTLE CORE Downtown, Belltown 701

NA

135

NA

$510,016

NA

$520,321

NA

53

IN-CITY Queen Anne, Magnolia 700

227

121

$743,630

$323,717

$743,433

$328,317

23

44

621

110

$519,276

$277,807

$510,911

$277,303

17

27

NE SEATTLE View Ridge, Maple Leaf, Northgate 710

366

72

$576,872

$197,925

$567,005

$198,743

18

20

CENTRAL SEATTLE Capitol Hill, Central District, Madison Park 390

237

175

$780,805

$326,676

$788,357

$328,364

29

31

217

6

$423,773

$249,155

$420,450

$252,488

30

161

103

3

$345,799

$215,833

$342,721

$224,650

26

61

390

80

$427,527

$325,525

$427,995

$329,552

25

42

NW SEATTLE Ballard, GreenLake, Fremont, Wallingford 705

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 NW Multiple Listing Service, this information is deemed reliable, but is not a guarantee nor is it guaranteed,


2013 Residential Home For Sale vs. Sold Report •

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 New Listing numbers represent the number of properties that are new listed in 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.

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q3 2013 windermere real estate wall street inc