Weekly Property Report

Mercer Island

Greater Eastside

Click to view the East of Lake Sammamish Report

Click to view the Kirkland / Bridle Trails Report

Data prepared and analyzed by Julie Barrows, owner of Windermere Real Estate/Mercer Island http://www.WindermereMercerIsland.com. For questions or comments, email Julie at julie@windermere.com.

Weekly Real Estate Activity Report for Seattle, Eastside and Mercer Island: 5/3/13

Julie — Fri, 03 May 2013 20:13:59 +0000

Greater Seattle

Mercer Island

Greater Eastside

Click to view the East of Lake Sammamish Report

Click to view the Kirkland / Bridle Trails Report

Data prepared and analyzed by Julie Barrows, owner of Windermere Real Estate/Mercer Island http://www.WindermereMercerIsland.com. For questions or comments, email Julie at julie@windermere.com.

Weekly Real Estate Activity Report for Seattle, Eastside and Mercer Island: 4/26/13

Julie — Fri, 26 Apr 2013 23:33:02 +0000

Greater Seattle

Mercer Island

Greater Eastside

Click to view the East of Lake Sammamish Report

Click to view the Kirkland / Bridle Trails Report

Data prepared and analyzed by Julie Barrows, owner of Windermere Real Estate/Mercer Island http://www.WindermereMercerIsland.com. For questions or comments, email Julie at julie@windermere.com.

Weekly Real Estate Activity Report for Seattle, Eastside and Mercer Island: 4/19/13

Julie — Fri, 19 Apr 2013 23:06:06 +0000

Greater Seattle

Mercer Island

Greater Eastside

Click to view the East of Lake Sammamish Report

Click to view the Kirkland / Bridle Trails Report

Data prepared and analyzed by Julie Barrows, owner of Windermere Real Estate/Mercer Island http://www.WindermereMercerIsland.com. For questions or comments, email Julie at julie@windermere.com.

1st Quarter 2013 Reports Released for Mercer Island, Seattle and the Eastside

Julie — Mon, 15 Apr 2013 18:37:54 +0000

Our first quarter reports are out for Mercer Island, the Eastside and Seattle…

Mercer Island

Mercer Island started the new year off with a robust number of closed sales—the first quarter of 2013 outperformed the first quarter of 2012 by 61%.

First quarter sales reflect homes that went under contract November-February. The average sales price of $1,137,728 reflects a more typical market snapshot following two quarters of unusually plentiful high end home sales. The median sales price increased from $856,250 last quarter to $949,950 this quarter reflecting a 10% overall increase in median prices.

Condominium homes, previously burdened by a number of distressed sales, saw an increase in the average cost per square foot from $226 last quarter to $319 this quarter. Residential and condo market times are down with list to sales price ratios averaging 98%.

Click here for the full report and neighborhood-by-neighborhood statistics.

The Eastside

The Eastside has outpaced Seattle’s sales volume for the past seven quarters as more buyers find the Eastside an ideal location to call home.

The median sales price of $529,400 was up 14% from the 1st quarter of 2012. The shortage of homes for sale has created competition among home buyers for the more desirable homes. The average cost per sq ft is $236 compared with $203 a year ago.

Strong condominium sales have driven the median sales price up to $234,000—30% above the median of $180,000 a year ago. Average condo cost per sq ft is now $240, up from $204 in the first quarter of 2012.

Click here for the full report and area-by-area statistics.

Seattle

The Seattle market has become a very strong seller’s market with an average list-to-sale price ratio of 100% and bidding wars occurring more often than not.

The median price of $420,000 is up 15% from the median of $366,000 a year ago. The average sales price is up about 9% for the same period. The cost per square foot increased to $236 from $215 in the same quarter last year.

Condominium sales have been very brisk with the median sales price up an incredible 31% over the 1^st quarter of 2012. The average condo cost per sq ft in Seattle now averages $352—up from $314 last year.

Click here for the full report and neighborhood-by-neighborhood statistics.

Weekly Real Estate Activity Report for Seattle, Eastside and Mercer Island: 4/12/13

Julie — Fri, 12 Apr 2013 20:32:45 +0000

Greater Seattle

Mercer Island

Greater Eastside

Click to view the East of Lake Sammamish Report

Click to view the Kirkland / Bridle Trails Report

2013-03 Seattle Metro

Data prepared and analyzed by Julie Barrows, owner of Windermere Real Estate/Mercer Island http://www.WindermereMercerIsland.com. For questions or comments, email Julie at julie@windermere.com.

March 2013 Real Estate Activity Report for King County, Seattle, Eastside and Mercer Island

Julie — Wed, 10 Apr 2013 17:20:55 +0000

The number of homes actively listed for sale has continued to decline while the number of pending sales has increased in almost every MLS area across the region. The result is a very intense seller’s market with the most desirable homes selling with multiple offers in an average of 6 days while overpriced, or less desirable, homes languish on the market unsold. Our region desperately needs new homes to come to market to relieve the pent up demand generated by buyers in the marketplace. What a remarkable turnaround from the strong buyers market of two years ago!

2013-03 Mercer Island

2013-03 Eastside

2013-03 King County

2013-03 Summary

Data prepared and analyzed by Julie Barrows, owner of Windermere Real Estate/Mercer Island http://www.WindermereMercerIsland.com. For questions or comments, email Julie at julie@windermere.com.

Weekly Real Estate Activity Report for Seattle, Eastside and Mercer Island: 4/5/13

Julie — Fri, 05 Apr 2013 20:34:17 +0000

Greater Seattle

Mercer Island

Greater Eastside

Click to view the East of Lake Sammamish Report

Click to view the Kirkland / Bridle Trails Report