Guide To Seattle Real Estate

Sorry, It’s Tuesday and these numbers are from Sunday. I have been swamped the past two weeks. Swamped in a good way though;)

Here we go the last week in action:

Single Family Residential Homes in West Seattle (area 140)
486 Active Listings with a Median Price of $445,000
76 Average Days on Market(DOM)
63 Homes under 300k for First-Time Buyers
27 Pending Listings with an average DOM of 83 and Median Price of $370,000
10 Sold Listings with an average DOM of 44 and a Median Price of $360,000

Wow! Look at the DOM of the Sold Listings. This indicates that the good properties(what is selling) are moving fast, while everything else is just sitting.

Comparing this to our Last report. Keep in mind that our last report consisted of two weeks of data.

Single Family Residential Homes- First Two Weeks of the Year
459 Active Listings with a Median Price of $450,000
76 Average Days on Market(DOM)
55 Homes under 300k for First-Time Buyers
20 Pending Listings with an average DOM of 53 and Median Price of $454,475
25 Sold Listing with an average DOM of 77 and Median Price of $370,000

I will get this all into a graph this weekend so we can track our current market situation.