The cities below are grouped together to follow our MLS areas (multiple listing service). This is how our statistics are reported.
How was real estate market in your Seattle-Eastside city in December, 2011?
1. Redmond/East Bellevue
The odds of selling a home were 36%*
Median sales price increased (y-o-y)**from $420,000 to $455,000
125 homes were for sale
A total of 42 homes sold
Days on the market: 104
2. Kirkland
The odds of selling a home were 19%
Median sales price increased from $498,000 to $510,000
167 homes were for sale
A total of 57 homes sold
Days on Market: 101
2. (TIE) South Bellevue/Issaquah
The odds of selling a home were 19%
Median price decreased from $560,000 to $505,000
242 homes were for sale
A total of 58 homes sold
Days on market: 123
3. The plateau: Sammamish, Issaquah, North Bend, and Fall City
The odds of selling a home were 17%
Median sales price increased from $440,000 to $463,000
There were 527 homes for sale
A total of 116 homes sold
Days on the market: 103
4. Redmond/Education Hill/ Carnation
The odds of selling a home were 16%
Median sales price decreased from $530,000 to $515,000
207 homes were for sale
A total of 66 homes sold
Days on Market: 115
4. (TIE) Woodinville/Bothell/Kenmore/Duvall/North Kirkland
The odds of selling a home were 16%
Median sales price decreased from $393,000 to $339,000
421 homes were for sale
A total of 96 homes sold
Days on Market: 127
5. West Bellevue
The odds of selling a home were 10%.
Median sales price increased from $950,000 to $998,000
127 homes were for sale
A total of 15 homes sold
Days on Market: 95
If you’d like more specific information about your neighborhood or home, feel free to contact either Brooks or me.
*(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%)
** (y-o-y) median pricing is comparing year over year numbers.