The Eastside has continued along at a very steady and sustainable pace with the average sales price, now $687,232, up 10.2% over the same quarter last year.
The median sales price of $575,000 was up 12.7% from $510,000 during the same period. The average cost per square foot increased 10.8% from $231 last year to $256 this quarter. Listings spent an average of only 33 days on the market—-a new low on the Eastside!
Condominium sales skyrocketed this quarter with 765 units sold as compared to 616 units during the same quarter last year. The average price is up 12.5% to $333,852 and the median is up 16.3% to $267,500 over the third quarter of 2012.
Click here for the full report and to see how prices fared in your neighborhood!
© Copyright 2013, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.