Eastside Real Estate Market Update: March 2018

Then and Now: Eastside Residential Active Listings

The graph below shows the number of active residential listings (dark green line) as compared to the number of homes under contract (light green line) in the Eastside over the past two years. If the number of pending sales approaches or exceeds the number of active listings, the higher the demand for more homes and the more competitive the market becomes.

 

The below homes all sold in a number of price points in March:

9426 NE 24th St, Clyde Hill
4,760 Sq Ft | 5 BD | 4.5 BA
List Price: $2,920,000
Sold Price: $2,850,000 (97.6% of list)
Days on Market: 29 MLS: #1235756
Listed By: WPI Real Estate Services, Inc.
Sold By: Regency Realties LLC

 

2,170 Sq Ft | 3 BD | 2.5 BA
List Price: $910,000
Sold Price: $920,000 (101.1% of list)
Days on Market: 4 MLS: #1247829
Listed By: Faira.com LLC
Sold By: Avenue Properties

 

8235 NE 163rd Pl, Kenmore
1,550 Sq Ft | 3 BD | 2.5 BA
List Price: $475,000
Sold Price: $550,000 (115.8% of list)
Days on Market: 8 MLS: #1195277
Listed By: RE/MAX Northwest Realtors
Sold By: Metropolitan Park, LLC

NWMLS stats for residential properties: Areas 500-600 except areas 501 and 561. Information and statistics derived from Northwest Multiple Listing Service .

Are you thinking about a home purchase or curious about how your home would list in today’s market? Give us a call at 206-595-4284 or email marcia@hardyrealtyllc.com.

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