How Did November, 2010 Real Estate Sales Do In Your Seattle-Eastside Neighborhood?

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In 5 of the 7 Seattle-eastside real estate areas, sales percentages were up by a lot from last year!  Sales increases ranged from 13.5% in Redmond/Carnation to 47% in Redmond/East Bellevue.

We also saw a huge drop in the number of homes for sale on Seattle’s eastside over the past few months.  A higher percentage of  home sales and less homes for sale is good news.  The market is still challenging.   The homes with the best value proposition of price and condition  grab the attention of the buyers.  These are homes that are selling.

How did November, 2009 compare to November, 2010 in your neighborhood?

(Click on the cities below to see real estate trends for the past 5 years.  You’ll find the median pricing for each city and whether the number of homes for sale and the number of sales went up or down.  The odds of selling a home in each area is a result of the number of homes for sale divided by the actual number of home sales, so if 10 out of 100 homes sold, the odds of selling would be 10/100 or 10%)

The plateau:  Sammamish, Issaquah, North Bend, and Fall City

The odds of selling a home were 16%.

Median sales price decreased from $552,500 to  $474,000.

The number of homes for sale increased by 12% and sales were down by 15% from last year.

Redmond/East Bellevue

The odds of selling a home were 22%.

Median sales price decreased to $416,500 from $479,000.

The number of homes for sale was down by 12% and sales were up by 47%.

South Bellevue/Issaquah

The odds of selling a home were 22%.

Median price decreased from $685,000 to $599,419.

The number of homes for sale dropped by 10% and sales were up by 26%.

Woodinville/Bothell/Kenmore/Duvall/North Kirkland

The odds of selling a home were 15%.

Median price was down from $411,750 to $405,000.

The number of homes for sale declined by 3% and sales were up by 41%.

Kirkland

The odds of selling a home were 17%.

Median price decreased to $549,950 from $739,000.

The number of homes for sale declined by 16% and sales were up by 13.5%.

West Bellevue

The odds of selling a home were 15%.

Median pricing was down from $996,500 to $829,500.

The number of homes for sale decreased by 9% and sales decreased by 3%.

Redmond/Education Hill/ Carnation

The odds of selling a home were 16 %

Median pricing decreased from $559,900 to $525,000.

The number of homes for sale decreased by 3% and sales increased by 16%.

If you’d like more specific information about your neighborhood or home, feel free to contact me.

Have a terrific holiday season and Happy New Year!


Posted on December 15, 2010 at 3:44 pm
The Beaupain Team | Category: Bellevue Real Estate, Bellevue, WA, For Buyers, For Sellers, Issaquah Real Estate, Issaquah, WA, King County Real Estate, King County, WA, Kirkland, Market Statistics, Real Estate, Redmond, Sammamish, WA, Sammamish, WA Real Estate, Seattle real estate, WA real estate, Windermere Real Estate, Woodinville, WA, Woodinville, WA Real Estate | Tagged , , , , , ,

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