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Seattle Real Estate Trends
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Real Estate Trends By MLS Area
Homes
Recent Sales
Months Supply of Inventory
161 Active Listings
168 Pending Sales
1.0 Months Supply Inventory
Median Closed Sales Price
$654,975
Selling Odds
2,173 New Listings (Trailing 12 Months)
1,683 Closed Sales (Trailing 12 Months)
Odds of Selling 77%
Sold vs. List Price
30%
Sold Above List
17%
Sold At List
17%
Sold Below List
36%
Price Change Before Sale
Condos
Recent Sales
Months Supply of Inventory
50 Active Listings
22 Pending Sales
2.3 Months Supply Inventory
Median Closed Sales Price
$389,375
Selling Odds
336 New Listings (Trailing 12 Months)
189 Closed Sales (Trailing 12 Months)
Odds of Selling 56%
Sold vs. List Price
7%
Sold Above List
7%
Sold At List
14%
Sold Below List
72%
Price Change Before Sale
Area 380 - Central Seattle SE
Columbia City, Mount Baker & Seward Park
MLS Area 380
Columbia City | Mount Baker | Seward Park
Residential Homes
October 2020
Active, Pending & Months Supply of Inventory
81 Active Listings
85 Pending Sales
1.0 Months Supply Inventory
Median Closed Sales Price
$693,000
Selling Odds
868 New Listings (Trailing 12 Months)
664 Closed Sales (Trailing 12 Months)
Odds of Selling 78%
Sold vs. List Price
44%
Sold Above List
17%
Sold At List
12%
Sold Below List
27%
Price Change Before Sale
Area 380 is a seller's market
MLS Area 385
Residential Homes
October 2020
Active, Pending & Months Supply of Inventory
88 Active Listings
56 Pending Sales
1.6 Months Supply Inventory
Median Closed Sales Price
$692,500
Selling Odds
603 New Listings (Trailing 12 Months)
482 Closed Sales (Trailing 12 Months)
Odds of Selling 80%
Sold vs. List Price
48%
Sold Above List
11%
Sold At List
13%
Sold Below List
28%
Price Change Before Sale
Area 385 is a sellers market
Area 390 - Central Seattle
Capitol Hill, Central District & Judkins
MLS Area 390
Capitol Hill | Leschi | Madison Park | Madrona | Montlake | Portage Bay | South Lake Union
Residential Homes
November 2020
Recent Sales
Months Supply of Inventory
154 Active Listings
94 Pending Sales
1.6 Months Supply Inventory
Median Closed Sales Price
$1,055,000
Selling Odds
1,392 New Listings (Trailing 12 Months)
1,004 Closed Sales (Trailing 12 Months)
Odds of Selling 72%
Sold vs. List Price
19%
Sold Above List
15%
Sold At List
28%
Sold Below List
38%
Price Change Before Sale
Area 700 - Uptown
Queen Anne & Magnolia
Homes
Recent Sales
Months Supply of Inventory
134 Active Listings
56 Pending Sales
2.4 Months Supply Inventory
Median Closed Sales Price
$1,027,500
Selling Odds
1,120 New Listings (Trailing 12 Months)
793 Closed Sales (Trailing 12 Months)
Odds of Selling 70%
Sold vs. List Price
27%
Sold Above List
21%
Sold At List
25%
Sold Below List
27%
Price Change Before Sale
Condos
Recent Sales
Months Supply of Inventory
135 Active Listings
26 Pending Sales
5.1 Months Supply Inventory
Median Closed Sales Price
$585,000
Selling Odds
673 New Listings (Trailing 12 Months)
415 Closed Sales (Trailing 12 Months)
Odds of Selling 63%
Sold vs. List Price
12%
Sold Above List
19%
Sold At List
44%
Sold Below List
25%
Price Change Before Sale
Area 701 - Downtown
MLS Area 701
Belltown | Downtown | Pioneer Square
Residential Homes & Condominiums
October 2020
Active, Pending & Months Supply of Inventory
332 Active Listings
46 Pending Sales
7.2 Months Supply Inventory
Median Closed Sales Price
$622,450
Selling Odds
1,099 New Listings (Trailing 12 Months)
449 Closed Sales (Trailing 12 Months)
Odds of Selling 41%
Sold vs. List Price
7%
Sold Above List
10%
Sold At List
35%
Sold Below List
48%
Price Change Before Sale
Area 701 is a buyer's market
Area 705 - NW Seattle
Ballard, Greenlake & Greenwood
MLS Area 705
Ballard | Blue Ridge | Crown Hill | Fremont | Green Lake | Phinney Ridge | The Highlands | Wallingford
Residential Homes
October 2020
Active, Pending & Months Supply of Inventory
229 Active Listings
263 Pending Sales
0.9 Months Supply Inventory
Median Closed Sales Price
$825,000
Selling Odds
2,757 New Listings (Trailing 12 Months)
2,305 Closed Sales (Trailing 12 Months)
Odds of Selling 83%
Sold vs. List Price
43%
Sold Above List
17%
Sold At List
17%
Sold Below List
23%
Price Change Before Sale
Area 705 is a sellers market
Area 710 - NE Seattle
Maple Leaf, Ravenna & Wedgwood
MLS Area 710
Hawthorne Hills | Laurelhurst | Maple Leaf | Ravenna | Sand Point | View Ridge | Windermere
Residential Homes
October 2020
Active, Pending & Months Supply of Inventory
146 Active Listings
131 Pending Sales
1.1 Months Supply Inventory
Median Closed Sales Price
$826,500
Selling Odds
1,511 New Listings (Trailing 12 Months)
1,254 Closed Sales (Trailing 12 Months)
Odds of Selling 81%
Sold vs. List Price
40%
Sold Above List
17%
Sold At List
21%
Sold Below List
22%
Price Change Before Sale
Area 710 is a seller's market
Mercer Island Real Estate Snapshot
Residential Homes
October 2020
Active, Pending & Months Supply of Inventory
30 Active Listings
34 Pending Sales
0.9 Months Supply Inventory
Median Closed Sales Price
$1,589,500
Selling Odds
378 New Listings (Trailing 12 Months)
308 Closed Sales (Trailing 12 Months)
Odds of Selling 81%
Sold vs. List Price
43%
Sold Above List
18%
Sold At List
15%
Sold Below List
24%
Price Change Before Sale
Mercer Island is a seller's market
MLS Area 520
Bellevue | Clyde Hill | Hunts Point | Medina | Yarrow Point
Residential Homes
October 2020
Active, Pending & Months Supply of Inventory
60 Active Listings
29 Pending Sales
2.1 Months Supply Inventory
Median Closed Sales Price
$2,327,500
Selling Odds
494 New Listings (Trailing 12 Months)
332 Closed Sales (Trailing 12 Months)
Odds of Selling 67%
Sold vs. List Price
25%
Sold Above List
19%
Sold At List
29%
Sold Below List
27%
Price Change Before Sale
Area 520 is a seller's market
MLS Area 560
Residential Homes
October 2020
Active, Pending & Months Supply of Inventory
75 Active Listings
85 Pending Sales
0.9 Months Supply Inventory
Median Closed Sales Price
$1,546,316
Selling Odds
941 New Listings (Trailing 12 Months)
688 Closed Sales (Trailing 12 Months)
Odds of Selling 73%
Sold vs. List Price
43%
Sold Above List
15%
Sold At List
17%
Sold Below List
25%
Price Change Before Sale
Area 560 is a seller's market
MLS Area 715
Residential Homes
October 2020
Active, Pending & Months Supply of Inventory
54 Active Listings
48 Pending Sales
1.1 Months Supply Inventory
Median Closed Sales Price
$679,000
Selling Odds
548 New Listings (Trailing 12 Months)
457 Closed Sales (Trailing 12 Months)
Odds of Selling 83%
Sold vs. List Price
39%
Sold Above List
25%
Sold At List
20%
Sold Below List
16%
Price Change Before Sale
Area 715 is a seller's market
Latest Market Updates
As a client-focused real estate broker, my priority is to fundamentally understand what you are looking for within the Mercer Island real estate market before relying on my years of experience to find you properties that would suit your needs. Using my analytical background and Masters in Financial Real Estate, I provide you with detailed metrics and price opinions to inform our strategy. I leverage my diligence, professionalism and advanced negotiation skills to guide you through the real estate transaction process.
Chris Reis | Windermere Real Estate Midtown
Seattle Realtor
214 West Mcgraw street, seattle wa 98119 | (206) 931-6147 | Chrisreis@windermere.com | 8am - 7pm pst
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All information is deemed accurate but should be independently verified
