Tightening real estate inventory in northeast Seattle

Tightening real estate inventory in northeast Seattle Northeast Seattle closed out 2012 with an 18% increase in the number of home sales from 2011.  The average selling price increased from $350,894 in 2011 to $367,640 in 2012.  Sellers also received more of their list price in 2012 (99.07% average compared to 2011′s 97.5% average of [...]

Number of home sales in northeast Seattle up 18% from 2011

Northeast Seattle real estate market trends

Number of home sales in northeast Seattle up 18% from 2011 Northeast Seattle closed out 2012 with an 18% increase in the number of home sales from 2011.  The average selling price increased from $350,894 in 2011 to $367,640 in 2012.  Sellers also received more of their list price in 2012 (99.07% average compared to [...]

Northeast Seattle real estate: median listing prices flat for 1st 2 weeks

Northeast

Northeast Seattle real estate: median listing prices flat for 1st 2 weeks The median list price in northeast Seattle (zip code 98125) is $349,900 remains unchanged from the previous week’ $349,900.  Active listings  have increased slightly to an  average of 149 days.  Inventory has been tightening  lately and the Market Action Index has been trending up.  Though days-on-market is increasing , these [...]

Lack of listings in NE Seattle is the real story

Northeast Seattle real estate market

Lack of listings in northeast Seattle is the real story The real story in northeast Seattle real estate  is  the shortage of homes for sale.  November 2012 has 46% fewer listings than the previous November (207 listings in 2011 to 112 in 2012). How does this affect prices?  The average sales prices of closed sales in northeast [...]

Northeast Seattle’s listings down 33.5% pending sales up 35.8%

Northeast Seattle's real estate listing trends

Northeast Seattle listings down pending sales up compared to 2011   The total number of active new and existing homes listings for sale in northeast Seattle are down 33.5%  in September 2012 compared to a year earlier (268 listings in September 2011 to 178 in September 2012)*. sales up Closed sales for new and existing homes in [...]

Northeast Seattle vs. Lake Forest Park Real Estate

This dynamic chart (updates every Monday) shows the 3 year real estate trends for Northeast Seattle. The Northeast Seattle (zip code 98125) is made up of the following neighborhoods; Victory Heights, Pinehurst, Lake City, Cedar Park and Sand Point. HOUSING TRENDS FOR NORTHEAST SEATTLE As of today (July 5, 2012) inventory and prices are both on the rise, while [...]

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