Seattle Real Estate Trends

Seattle Real Estate broker Chris Reis
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Real Estate Trends By MLS Area

Homes

R-green

MLS Area 140

West Seattle

Residential Homes

November 2020

Seattle Windermere Realtor

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

R-green

MLS Area 140

West Seattle

Condominium Only

November 2020

Seattle Windermere Realtor

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

Beacon Hill

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

R-green

MLS Area 390

November 2020

Seattle Windermere Realtor

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

R-green

MLS Area 700

Queen Anne | Magnolia

Residential Only

November 2020

Seattle Windermere Realtor

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

R-green

MLS Area 700

Queen Anne | Magnolia

Condominium Only

November 2020

Seattle Windermere Realtor

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

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

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

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

Kirkland | Woodinville 

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

Want More Specific Data?

If you would like Seattle real estate trends for a neighborhood or housing type just let me know!

queen anne realtor

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.

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