Updated Renton Real Estate, Newcastle Real Estate & South Bellevue Real Estate Market Statistics (As of January 28th, 2008)

MLS Area 500 (Newcastle, Bellevue South of I-90 & Issaquah South of I-90)
Single Family Homes
Average Days on Market: 99 Days (Up from 98 Last Week)
Inventory of Active Listings: 435 (Up from 426 Last Week)
Inventory of Sold Listings: 328 (Down from 353 Last Week)
54 listings are absorbed by demand each month on average. (Down from 58 as of Last Week)
8.05 Months Worth of Supply (Up from 7.24 as of Last Week)
Average List Price: $896,229 (Up from $891,671 Last Week)
Average Sale Price: $748,012 (Down from $763,849 Last Week)

Analysis of MLS Area 500 for Single Family Homes: The gap between list price and sales price has been closing for the last six months which will lead to a balanced market between buyers and sellers. This area currently favors buyers over sellers.

Condominiums
Average Days on Market: 60 Days (No change from Last Week)
Inventory of Active Listings: 119 Active Listings (Up from 108 from Last Week)
Inventory of Sold Listings: 183 (Down from 192 Last Week)
30.5 listings are absorbed by demand each month on average. (Down from 32 Last Week)
3.90 Months Worth of Supply (Up from 3.37 Last Week)
Average List Price: $332,714 (Down from $334,252 Last Week)
Average Sale Price: $307,824 (Down from $312,935 Last Week)

Analysis of MLS Area 500 for condos: Accurately priced condos are selling quickly as a result of their affordability in contrast to single family homes in the same area. This area currently favors sellers over buyers. 

MLS Area 350 (Northeast Renton / Renton Highlands, Briarwood) 
Single Family Homes
Average Days on Market: 95 Days (Up from 94 from Last Week)
Inventory of Active Listings: 434 Active Listings (Up from 413 Last Week)
Inventory of Sold Listings: 332 (Down from 348 Last Week)
55 listings are absorbed by demand each month on average. (Down from 58 as of Last Week)
7.89 Months Worth of Supply (Up from 7.12 Last Week)
Average List Price: $555,247 (Up from $550,387 Last Week)
Average Sale Price: $457,318 (Up from $454,601 Last Week)

Analysis of MLS Area 350 for Single Family Homes: The average days on market have been steadily inching upwards over the course of the last six months. List prices have remained consistently higher than average sale prices but average sales prices have not seen significant declines. Accurately priced homes are selling quickly and overpriced listings are driving the average days on market upwards. This area currently favors buyers over sellers.

Condominiums
Average Days on Market: 64 Days (Up from 62 Last Week)
Inventory of Active Listings: 66 Active Listings (Up from 62 last week)
Inventory of Sold Listings: 63 (Down from 73 Last Week)
10.5 listings are absorbed by demand each month on average. (Down from 12 from Last Week)
6.28 Months Worth of Supply (Up from 5.16 Last Week)
Average List Price: $258,567 (Down from $259,573 Last Week)
Average Sale Price: $229,291 (Down from $230,403 Last Week)

Analysis of MLS Area 350 for condos: Some of the most affordable condos in King County can be found in this MLS Area. Prices have not dipped significantly and this market is balanced between buyers and sellers.

MLS Area 340 (Southeast Renton / Benson Hill, Fairwood)
Single Family Homes
Average Days on Market: 86 Days (No change from 85 Last Week)
Inventory of Active Listings: 338 Active Listings (Up from 324 Last Week)
Inventory of Sold Listings: 294 (Down from 313 Last Week)
49 listings are absorbed by demand each month on average. (Down from 52 as of Last Week)
6.89 Months Worth of Supply (Up from 6.23 Last Week)
Average List Price: $435,999 (Up from $434,240 Last Week)
Average Sale Price: $384,371 (Down from $388,840 Last Week)

MLS Area 340 Analysis for Single Family Homes: This market was trailing MLS Areas 500 and 350 six months ago in terms of days on market and appreciation but has remained steady as the other areas have struggled to gain footing since the mortgage crises in August of 2007. MLS Area 340 is now balanced between buyers and sellers and appears to be holding steady in terms of days on market and average list and sale prices.

Condominiums
Average Days on Market: 70 Days (No change from Last Week)
Inventory of Active Listings: 94 Active Listings (Up from 88 Last Week)
Inventory of Sold Listings: 87 (Down from 95 Last Week)
14.5 listings are absorbed by demand each month on average. (Down from 15.83 Last Week)
6.48 Months Worth of Supply (Up from 5.56 Last Week)
Average List Price: $243,903 (Up from $243,813 Last Week)
Average Sale Price: $235,109 (Down from $235,564 Last Week)

MLS Area 340 for Condos: Just like single family homes in this area, condos are holding steady in terms of days on market, average list price and average sale price. This market is balanced between buyers and sellers.

If you are interested in statistical information for an MLS area not covered here, please respond to this post to let me know what neighborhood you live in and I will follow up with the statistics specific to your area of interest. You are also welcome to visit my website at www.davidjedwards.com where you can access my Market Snapshot research tool found on the left side of the homepage.

This information is deemed reliable but it is not guaranteed to be 100% accurate. I generated these statistics using the Northwest Multiple Listing Service. These statistics were not compiled or published by the Northwest Multiple Listing Service.  The analysis of each MLS Area is based on the market statistics but is the personal opinion of the author.

David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp

David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Washington’s Renton Highlands, Newcastle and South Bellevue.

Just Listed! Beautiful Golf Course Home in Fairwood Greens

Posted by David Edwards under For Buyers, Regional – West, Listings, New Listings, Renton

 

This beautiful golf course home is located in the much desired Fairwood Greens community in Renton. This home sits on the fairway & has been completely renovated. Boasting gorgeous hardwood floors, granite counter tops, stainless steel appliances & a new roof, you’ll find that no detail has been ignored. The partially finished, daylight basement is 1330 square feet & complete with fairway views, a bathroom, a fireplace, outside access & a patio. This home is a must see! Home Warranty Provided.

Price: $589,900

Square Footage: 3700 Square Feet

Bedrooms: 4

Bathrooms: 4

Virtual Tour: http://www.flyinside.com/tour.php?id=19365

Property Website: http://davidjedwards111.topproducerwebsite.com/featured-listings.asp

Call for a private showing today!

David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp

David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Washington’s Renton Highlands, Newcastle and South Bellevue.

Price Reduced! 1 Bedroom, 1 Bathroom Condo Now $184,900

Posted by David Edwards under For Buyers, Regional – West, Listings, New Listings, Renton

Come home to your meticulously maintained, top floor condo & relax as you take in the unobstructed greenbelt view. The complex is a beautifully landscaped gated community that is professionally managed. Dues are exceptionally low & include landscaping, clubhouse, gated entry, pool, hot tub, & tanning room. You’ll be proud of the updated cabinetry, double paned windows, deck storage & designer paint. All appliances stay. Easy access to freeways & The Landing. 1 Year AHS Home Warranty is included! Call 425-890-8045 to arrange for a showing today!

Price: $184,900

Bedrooms: 1

Bathrooms: 1

Virtual Tour: http://www.flyinside.com/tour.php?id=17007

For More Information Visit: http://www.davidjedwards.com/featured-listings.asp 

Address: 801 Rainier Ave N #G334 Renton, WA 98057-5381
Directions: From I-405, merge onto WA 167 N/Valley Fwy via Exit 2 toward Renton/Rainier Ave and go .8 miles. Merge onto Rainier Ave S. Go 1.7 Miles. Condo is on the West side of Rainier Ave N.

Pacific Northwest Events Calendar – Updated!

Posted by David Edwards under For Buyers, For Sellers, For Realty Professionals, Regional – West, General Information, Local Events Calendar

Pacific Northwest Events Calendar Updated 01/25/2007!

As the balmy breezes give way to brisk ones, it becomes increasingly clear that winter has come upon us; and with the changing of the season, we close another chapter of events that have come to define autumns in the Pacific Northwest.

Nonetheless, when one door closes, another opens and with that, we are given an opportunity to enjoy the vast array of winter activities that are also unique to our region.

If you are looking for things to do in Renton and the surrounding area, I have updated my Local Community Events Calendar found online at:
http://www.davidjedwards.com/events-calendar.asp

There are literally hundreds of pacific northwest events on the calendar. Some of the most recent additions have been added to the pre-school programs page and are listed below.

Messy Makers

Ages 2 to 5 (with adult). Tiny fingers will have fun exploring paint, glue, glitter, feathers, and more with Ms. Sharon. You and your favorite adult should dress for a mess. All supplies included. Held at Highlands Neighborhood Center. $33 for Renton residents and $40 for non residents. Register online at http://www.cybersignup.org/ or via touch-tone phone at 425-430-6729.

#43517- Mondays: 11:15 – 11:45 AM – February 25th through March 31st

#43518- Mondays: 11:15 – 11:45 AM – April 14th through May 19th

#43520- Wednesdays: 10:45 – 11:15 AM – February 27th through April 2nd

#43521- Wednesdays: 10:45 – 11:15 AM – April 16th through May 21st

Tumble Wees

This program is designed to promote and foster self condience and self-esteme with positive motivation. We encourage both boys and girles to learn gymnastics in a positive way. We do a musical warm-up and tumble, dance, learn balance, and add to your child’s strenght and flexibility. Ann is a certified gymnastics instructor. Held at Highlands Neigjhborhood Center. $60 for Renton residents and $72 for non residents. Register online at http://www.cybersignup.org/ or via touch-tone phone at 425-430-6729.

#43507- Wednesdays: 5:00 – 5:40 PM – February 27th through April 2nd – Ages 2 to 3

#43511- Wednesdays: 5:00 – 5:40 PM – April 16th through May 21st – Ages 2 to 3

#43509- Thursdays: 9:30 – 10:10 AM – February 28th through April 3rd – Ages 2 to 3

#43513- Thursdays: 9:30 – 10:10 AM – April 17th through May 22nd – Ages 2 to 3

#43508- Wednesdays: 5:45 – 6:45 PM – February 27th through April 2nd – Ages 3 to 5

#43512- Wednesdays: 5:45 – 6:25 PM – April 16th through May 21st – Ages 3 to 5

#43510- Thursdays: 10:15 – 10:55 AM – February 28th through April 3rd – Ages 3 to 5

#43514- Thursdays: 10:15 – 10:55 AM – April 17th through May 22nd

Wee Sing and Play

Miss Sharon will teach you and your child fun action songs while incorporating musical instruments, the parachute, and more! Then, the children will run, jump, and explore the indoor playground toys. Held at Highlands Neighborhood Center. $33 for Renton residents and $40 for non residents. Register online at http://www.cybersignup.org/ or via touch-tone phone at 425-430-6729.
#43526- Wednesdays: 9:30 – 10:30 AM – Feb 27th through April 2nd – Ages 18 months to 2 years
#43527- Wednesdays: 9:30 – 10:30 AM – April 16th through May 21st – Ages 18 months to 2 years
#43523- Mondays: 10:00 – 11:00 AM – Feb 25th through March 31st – Ages 2 to 4
#43524- Mondays: 10:00 – 11:00 AM – April 14th through May 19th – Ages 2 to 4

Almost 3’s Preschool

Registration: 7:00 AM on Feb 26th for Renton Residents & Feb 28th for Non Residents

Designed for children who are not yet ready for a 3-year-old program but are ready for an introduction to group play, classroom skills, art experiences, and more. Class meets Tuesdays or Wednesdays from 9:30 AM to 11:30 AM and follows the Renton School District holiday schedule. Children must be 3 years old by December 31, 2008. Maximum class size is eight children. Participation is on a pre-paid monthly basis. Monthly tuition is $55 for residents and $65 for non residents. For more information call 425-430-6700.

Creative Kids Preschool

Registration: 7:00 AM on Feb 26th for Renton Residents & Feb 28th for Non Residents

The Creative Kids Preschool is held at the Renton Community Center. The preschool program features hands-on learning in a positive social environment. We provide fun-filled hours of educational experience in art, music, dramatic play, science, math, and field trips. Classes meet September 2008 through May 2009 and follow the Renton School District holiday schedule. Three-year-olds meet Tuesday and Thursday and four-year-olds meet Monday, Wednesday, and Friday. The morning classes meet from 9:15 AM to 11:45 AM and the afternoon classes meet from 12:15 PM to 2:45 PM. Children must be 3 or 4 by August 31, 2008, respectively. Participation is on a pre-paid monthly basis. Monthly tuition is $100 for residents and $65 for non residents for 3’s and $110 for residents and $131 for non residents for 4’s. For more information call 425-430-6700.

Toe Stomping with Tots

Ages 18 months to 3 (with adult). A structured music movement class for parents and toddlers. In each class, we will sing action songs, dance, and play instruments. This is a wonderful time for you and your child! Ms. Sherrill is a former preschool teacher. Held at Highlands Neighborhood Center. $31 for Renton residents and $37 for non Renton residents. Register online at http://www.cybersignup.org/ or via touch-tone phone at 425-430-6729.

#43529- Saturdays: 10:00 – 10:45 AM – March 1st through April 5th

#43530- Saturdays: 10:00 – 10:45 AM – April 19th through May 24th

Creation Station

At the Creation Station you and your child will create a variety of fun arts and crafts with paper, paint, glitter, and more. Activities will come from the deep blue sea to the stars in the sky. Everyone should dress for a mess. Supply fee of $5 paid to instructor. No class February 19th and April 8th. Held at North Highlands Neighborhood Center. $33 for Renton residents and $40 for non Renton residents. Register online at http://www.cybersignup.org/ or via touch-tone phone at 425-430-6729.

#43642- Tuesdays: 10:00 – 10:45 AM – March 18th through April 29th – Ages 2 to 3

#43643- Tuesdays: 10:00 – 10:45 AM – May 6th through June 10th – Ages 2 to 3

#43645- Tuesdays: 11:00 – 11:45 AM – March 18th through April 29th – Ages 3 to 4

#43646- Tuesdays: 11:00 – 11:45 AM – May 6th through June 10th – Ages 3 to 4

If you have something you would like to see added to the calendar, please submit your request by responding to this post with a comment. Please limit your event postings to those taking place in Washington State’s King, Pierce, Thurston, Snohomish, Skagit, Lewis, Mason, Island, Grays Harbor and/or Kitsap counties.

Event information is subject to cancellation or change. Please phone ahead to confirm event dates, times and costs.

Have a great weekend!

David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com/
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp

David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Washington’s Renton Highlands, Newcastle and South Bellevue.

Open House Sunday January 27th from 1:00 PM to 4:00 PM

Open House Sunday January 27th from 1:00 PM to 4:00 PM

Posted by David Edwards under For Buyers, Regional – West, Open Houses, Listings, Kent

9623 S 248th St #E16 Kent, WA 98030 
 

Price: 109,995 
Bedrooms: 1
Bathrooms: 1
Square Feet: 640
Lot Size: 4.3 Acres
Year Built: 1966
MLS: 27196818

This top floor unit sits on 5 acres of landscaped grounds. Residents enjoy a community clubhouse, pool and basketball court. The unit has clean carpets, a fireplace, extra storage space, an oversized bedroom and a washer & dryer in the unit. It has recently been replumbed. A 1 year American Home Shield home warranty is included!

For More Information Visit: http://www.davidjedwards.com/featured-listings.asp

Directions: From I405, Merge on WA-167 S, Take 84TH Ave S exit to N Central, Left on 84th Ave S. 84TH becomes Central Ave. Left on E Smith St/WA-516. Follow WA-516. Turn Left on 94th Ave S. Right on S 248Th St.

If you would like to view this home but are unable to make it to the open house, please contact me to arrange for a private showing. 

David Edwards

REALTOR

Keller Williams Realty Southeast Sound

Phone: 425-890-8045

E-Mail: david@davidjedwards. 

Web: http://www.davidjedwards.com

Blogsite: http://www.davidjedwards.com/renton-info-blog.asp

Mobile Site: http://davidjedwards.mofuse.mobi 

David J Edwards is a full time real estate agent and REALTOR with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Renton, Newcastle and South Bellevue Washington.

Just Sold! 1603 Glenwood Ave SE, Renton WA 98058

Posted by David Edwards under For Buyers, For Sellers, Regional – West, Listings, New Listings, Renton

 

I’ve just sold a Single-family property at 1603 Glenwood Ave SE in Renton. Come and visit my site to see other properties in that area. If you are interested in looking for a new home or learning more about selling your own home, please feel free to contact me at any time.

David Edwards

REALTOR

Keller Williams Realty Southeast Sound

Phone: 425-890-8045

E-Mail: david@davidjedwards.com

Website: http://www.davidjedwards.com

Blogsite: http://www.davidjedwards.com/renton-info-blog.asp

Mobile Site: http://davidjedwards.mofuse.mobi 

David J Edwards is a full time real estate agent and REALTOR with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Renton, Newcastle and South Bellevue Washington.

Open House on January 20, 2008 at 1219 Colchester Drive

Open House on January 20, 2008 at 1219 Colchester Drive

Posted by David Edwards under For Buyers, Regional – West, Open Houses, Listings, Port Orchard

Puget Sound Waterfront Home with Views of Seattle!

MLS#: 27196900
Price: $799,900!!!
Bedrooms: 5
Bathrooms: 2
Virtual Tour: http://www.flyinside.com/tour.php?id=17439
Presentation on My Website: http://www.davidjedwards.com/featured-listings.asp

You’ll love this custom home boasting 60 feet of Puget Sound waterfront and breathtaking views of Seattle’s skyline & the Cascades! Enjoy new tile floors in the upstairs kitchen, a renovated bathroom & new exterior paint and gutters. You’ll own 3 bedrooms upstairs and 2 bedrooms downstairs. Each floor has it’s own full size kitchen, bathroom, living room & entrance. Either rent out the lower level or easily convert it for single family living. 20K in renovations! 1 Year Home Warranty Included!

Address: 1219 Colchester Drive, Port Orchard, WA, 98366

Driving Directions: Only 5 minutes from Southworth Ferry or 60 minutes from Seattle by car. By car, Take Hwy 16 to Sedgwick East, Left on Jackson, From Mile Hill turn left on Colchester.

Please contact me to arrange for a showing if you would like to preview this home but are unable to make it to the open house.

David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com/
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp
 
David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Washington’s Renton Highlands, Newcastle and South Bellevue.

Price Reductions!

Posted by David Edwards under For Buyers, For Realty Professionals, Regional – West, Listings, New Listings, Washington

Oversized 1 Bedroom Condo $109,995

MLS#: 27196818
Price: Was $114,995 Now $109,995
Bedrooms: 1
Bathrooms: 1
Virtual Tour: http://www.flyinside.com/tour.php?id=17422
Presentation on My Website: http://www.davidjedwards.com/featured-listings.asp

This top floor unit sits on 5 acres of landscaped grounds. Residents enjoy a community clubhouse, pool and basketball court. The unit has clean carpets, a fireplace, extra storage space, an oversized bedroom and a washer & dryer in the unit. It has recently been replumbed. A 1 year American Home Shield home warranty is included!

Address: 9623 S 248th St #E16 Kent, WA 98030

Driving Directions: From I405, Merge on WA-167 S, Take 84TH Ave S exit to N Central, Left on 84th Ave S. 84TH becomes Central Ave. Left on E Smith St/WA-516. Follow WA-516. Turn Left on 94th Ave S. Right on S 248Th St.

Please contact me to arrange for a showing.

Puget Sound Waterfront Home with Views of Seattle!

MLS#: 27196900
Price: Was $829,000, Now $799,900!!!
Bedrooms: 5
Bathrooms: 2
Virtual Tour: http://www.flyinside.com/tour.php?id=17439
Presentation on My Website: http://www.davidjedwards.com/featured-listings.asp

You’ll love this custom home boasting 60 feet of Puget Sound waterfront and breathtaking views of Seattle’s skyline & the Cascades! Enjoy new tile floors in the upstairs kitchen, a renovated bathroom & new exterior paint and gutters. You’ll own 3 bedrooms upstairs and 2 bedrooms downstairs. Each floor has it’s own full size kitchen, bathroom, living room & entrance. Either rent out the lower level or easily convert it for single family living. 20K in renovations! 1 Year Home Warranty Included!

Address: 1219 Colchester Drive, Port Orchard, WA, 98366

Driving Directions: Only 5 minutes from Southworth Ferry or 60 minutes from Seattle by car. By car, Take Hwy 16 to Sedgwick East, Left on Jackson, From Mile Hill turn left on Colchester.

Please contact me to arrange for a showing.

David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp
 
David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Washington’s Renton Highlands, Newcastle and South Bellevue.

Open House Thursday January 10th from 12:00 PM to 3:00 PM

801 Rainier Ave N #G334 Renton, WA 98057-5381 
 

Price: 194,900
Bedrooms: 1
Bathrooms: 1
Square Feet: 680
Lot Size: 7.2 Acres
Year Built: 1998
MLS: 27195586

New Carpet and paint in this meticulous top floor condo with unobstructed greenbelt views. Bokara By The Lake is a beautifully landscaped, gated community that is professionally managed. Dues are exceptionally low & include clubhouse, gated entry, pool, hot tub, & tanning room. You’ll love the new carpets, updated cabinetry, double paned windows, deck storage & designer paint. All appliances stay. Easy access to Renton Airport, freeways & The Landing. Warranty included! Very quiet!

For More Information Visit: http://www.davidjedwards.com/featured-listings.asp

Directions: From I-405, merge onto WA 167 N/Valley Fwy via Exit 2 toward Renton/Rainier Ave and go .8 miles. Merge onto Rainier Ave S. Go 1.7 Miles. Condo is on the West side of Rainier Ave N.

Best Regards!

David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp

David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Washington’s Renton Highlands, Newcastle and South Bellevue.

Updated Renton Real Estate, Newcastle Real Estate & South Bellevue Real Estate Market Statistics (As of January 7th, 2008)

MLS Area 500 (Newcastle, Bellevue South of I-90 & Issaquah South of I-90)
Single Family Homes
Average Days on Market: 99 Days (Up from 98 Last Week)
Inventory of Active Listings: 394 (Down from 403 Last Week)
Inventory of Sold Listings: 382 (Down from 400 Last Week)
63.66 listings are absorbed by demand each month on average. (Down from 66.66 as of Last Week)
6.18 Months Worth of Supply (Up from 6.04 as of Last Week)
Average List Price: $893,563 (Down from $895,409 Last Week)
Average Sale Price: $776,050 (Down from $777,394 Last Week)

Condominiums
Average Days on Market: 60 Days (Up from 59 Last Week)
Inventory of Active Listings: 97 Active Listings (Down from 101 from Last Week)
Inventory of Sold Listings: 194 (Down from 196 Last Week)
32.33 listings are absorbed by demand each month on average. (Down from 32.66 as of Last Week)
3.00 Months Worth of Supply (Down from 3.09 Last Week)
Average List Price: $335,791 (Up from $334,906 Last Week)
Average Sale Price: $315,482 (Down from $316,131 Last Week)
MLS Area 350 (Northeast Renton / Renton Highlands, Briarwood) 
Single Family Homes
Average Days on Market: 95 Days (Down from 97 Last Week)
Inventory of Active Listings: 389 Active Listings (Down from 395 Last Week)
Inventory of Sold Listings: 380 (Down from 382 Last Week)
63.33 listings are absorbed by demand each month on average.(Down from 63.66 as of Last Week)
6.14 Months Worth of Supply (Down from 6.20 Last Week)
Average List Price: $549,140 (Up from $547,504 Last Week)
Average Sale Price: $458,663 (Down from $460,800 Last Week)

Condominiums
Average Days on Market: 66 Days (No change from Last Week)
Inventory of Active Listings: 61 Active Listings (Down from 67 last week)
Inventory of Sold Listings: 74 (Up from 73 Last Week)
12.33 listings are absorbed by demand each month on average. (Up from 12.66 as of Last Week)
4.94 Months Worth of Supply (Down from 5.5 Last Week)
Average List Price: $253,938 (Up from $253,569 Last Week)
Average Sale Price: $227,751 (Down from $228,227 Last Week)
MLS Area 340 (Southeast Renton / Benson Hill, Fairwood)
Single Family Homes
Average Days on Market: 83 Days (No change from Last Week)
Inventory of Active Listings: 309 Active Listings (Down from 326 Last Week)
Inventory of Sold Listings: 321 (Down from 319 Last Week)
53.5 listings are absorbed by demand each month on average. (Down from 54.33 as of Last Week)
5.77 Months Worth of Supply (Down from 6.0 Last Week)
Average List Price: $430,740 (Up from $430,420 Last Week)
Average Sale Price: $390,283 (Down from $392,029 Last Week)

Condominiums
Average Days on Market: 65 Days (No change from Last Week)
Inventory of Active Listings: 89 Active Listings (Up from 85 Last Week)
Inventory of Sold Listings: 102 (Down from 104 Last Week)
17.0 listings are absorbed by demand each month on average. (Down from 17.3 as of Last Week)
5.23 Months Worth of Supply (Up from 4.90 Last Week)
Average List Price: $245,833 (Down from $248,982 Last Week)
Average Sale Price: $238,546 (Down from $239,899 Last Week)
If you are interested in statistical information for an MLS area not covered here, please respond to this post to let me know what neighborhood you live in and I will follow up with the statistics specific to your area of interest. You are also welcome to visit my website at www.davidjedwards.com where you can access my Market Snapshot research tool found on the left side of the homepage.

 

This information is deemed reliable but it is not guaranteed to be 100% accurate. I generated these statistics using the Northwest Multiple Listing Service. These statistics were not compiled or published by the Northwest Multiple Listing Service.

David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp

David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Washington’s Renton Highlands, Newcastle and South Bellevue.