Wednesday, August 23, 2006

4 Segments of Seattle's Urban Market

As I promised today in my blog post at the Seattle Post-Intelligencer, the statistics I pulled for a current market report are below. Please visit the Seattle Real Estate Professionals for analysis the following stats, and post a comment here if you would like more info about any aspect of Seattle's real estate market.

I only looked at the market in the neighborhoods where I do most of my business: Belltown, Queen Anne, Ballard, Fremont, Wallingford, Roosevelt, Ravenna, Montlake, Capitol Hill, Pioneer Square, Mount Baker, Leschi, Madrona and the Central Area. And I divided the market into four segments based on price: less than $300k, $300k - $699k, $700k - $999k and over $999k.

homes priced under $300,000
# current listings: 81 condos + 3 houses = 84 ttl
avg DOM for curr listings: 45 days
# new listings in last 30 days 43
# sold in last 30 days 52 condos + 4 houses = 56 ttl
avg DOM for homes sold in last 30 days: 29
# new listings in June 14
# sold in June 8 houses + 73 condos = 81 ttl
avg DOM for June solds: 34 days

homes priced $300k - $699k

# curr listings: 81 condos + 3 houses = 441 ttl
avg DOM for curr listings: 57 days
# new listings in last 30 days 203
# sold in last 30 days 57 condos + 96 houses = 153 ttl
avg DOM for homes sold in last 30 days: 39
# new listings in June 85
# sold in June 148 houses + 79 condos = 227 ttl
avg DOM for June solds: 27 days


homes priced $700k - $1mil
# curr listings: 28 condos + 55 houses = 83 ttl
avg DOM for curr listings: 74 days
# new listings in last 30 days 25
# sold in last 30 days 1 condos + 22 houses = 23 ttl
avg DOM for homes sold in last 30 days: 47
# new listings in June 20
# sold in June 36 houses + 6 condos = 42 ttl
avg DOM for June solds: 48 days


homes priced over $1mil
# curr listings: 20 condos + 54 houses = 74 ttl
avg DOM for curr listings: 118 days
# new listings in last 30 days 20
# sold in last 30 days 2 condos + 5 houses = 7 ttl
avg DOM for homes sold in last 30 days: 59
# new listings in June 15
# sold in June 16 houses +3 condos = 19 ttl
avg DOM for June solds: 101 days

1 Comments:

At Tue Jan 23, 12:32:00 PM PST , Anonymous Anonymous said...

Thanks a lot for what You are doing!Information, that I managed to find here
is extremely useful and essential for me!With the best regards!
Jimmy

 

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