Kates Seattle Real Estate Blog: FEBRUARY 2011 Statistics

FEBRUARY 2011 Statistics

King County:
MEDIAN PRICE:   $354,950
DOWN 13% FROM LAST YEAR

INVENTORY: 10411
8.7 MONTH SUPPLY

12% of sales are Short Sales and Foreclosures.

AVERAGE MARKET TIME: 118 days

Median Prices for houses are still looking stable around different neighborhoods.
These prices are compared to a year ago:

   North Seatte:  $413,178 UP 1% (4 month supply)
   Edmonds:  $345,615 DOWN 5%
   Bothell:  $345,904 UP 2%
   Bellevue:  $550,290 EVEN (13 month supply)
   Sammamish:  $572,514 UP 2%
   South Seattle:  $279.752 DOWN 9%  (11 month supply)

Median Prices for Condos compared to a year ago are stabilizing as well but not at the same rate as Single Family Residences:
   Downtown:  $381,417  DOWN 2%  (7 month supply)
   Capitol Hill:  $279,165 DOWN 2%  (10 month supply)
   North Seattle:  $233,348 DOWN 6%  (11 month supply)
   Edmonds:  $256,014 DOWN 7%

Overall compared to last month, most areas are seeing slightly higher prices, more sales and less days on the market.

Compare Median Prices for different neighborhoods:

February 2011 Statistics

_________________________________________________________________

Kate Pedersen

Broker / Realtor ®

206.841.5947

Realty Executives

View Houses For Sale

 



Comment balloon 0 commentsKate Pedersen • March 07 2011 05:23PM

Comments

Participate