Seattle Quarterly Report

Review of Q2 2015 Seattle Home Sales

 

The Seattle-Metro area has added 61,700 more jobs than it had just 12 months ago and you can bet many of those newly employed Seattleites are out there looking for homes to buy. Couple that with the smallest number of homes for sale in a decade and it’s no wonder the house hunt is no longer for the faint of heart.

"The Seattle-Metro median sale price was up 15.8% over Q2 of last year with 2,689 homes transacting in the second quarter. The average list price to sale price ratio, driven up by multiple offers, was an average of 103% (or 3% above the listed price) throughout the metro area."

The Madison Park-Capitol Hill area had the highest average cost per home sq. ft. ($409), while the Lake Forest Park-Kenmore area was most affordable at $226 per sq. ft. See the full report for the average size, monthly cost, days on market, and median and average sale prices for each area.

Click here for the full report and to see how prices have changed in your neighborhood!

 

 

© Copyright 2015, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.