It’s still a buyer’s market in Northeast Seattle

This weeks real estate market snap shot for  Northeast Seattle. The Northeast Seattle (zip code 98125) is made up of the following neighborhoods; Victory HeightsPinehurst, Lake City, Cedar Park and Sand Point.

 Price Trends  in Northeast Seattle

The median single family home price as of August 13 2012 for Seattle, WA is $329,000.

With a Market Action Index as of August 13 2012 at 19.3 (under 30 is a buyers’ market -19.3 represents a strong buyer’s market)

The average property in Seattle as of August 13 2012 has been on the market for about 110 days.

The median price per square foot for homes in Seattle as of August 13 2012 is about $201.

There are about 117 properties on the market in Seattle as of August 13 2012.

Percent of properties with price decreases as of August 13 2012 is about 30%

90-day stats for Single Family properties in
SEATTLE, WA98125 as of June 14, 2013
Median List Price: $357,937 Average List Price: $443,689
Total Inventory: 96 Price per Square Foot: $217
Average Home Size: 1,820 Median Lot Size: 7,720
Average # Beds: 3.20 Average # Baths: 1.97
Homes Absorbed: 8 Newly Listed: 12
Days on Market: 91 Average Age: 56

90-day stats for Condo properties in
SEATTLE, WA98125 as of June 14, 2013
Median List Price: $186,308 Average List Price: $484,837
Total Inventory: 44 Price per Square Foot: $167
Average Home Size: 1,138 Median Lot Size: n/a
Average # Beds: 1.97 Average # Baths: 1.72
Homes Absorbed: 3 Newly Listed: 3
Days on Market: 108 Average Age: 27

Related posts:

  1. Seattle April Real Estate Market Snapshot
  2. Northeast Seattle home market a tale of two different markets
  3. Northeast Seattle real estate market update
  4. Northeast Seattle’s housing inventory creeping
  5. Another Pending Sale by Adrian Willanger

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