Eastside Real Estate Market Update: May 2018

Then and Now: Eastside Residential Active Listings

The chart below shows the median sales price of Eastside residential listings every May over the past ten years. While inventory is increasing—we have seen a 44.4% increase in the number of homes on the market as compared to May last year—we are still experiencing strong increases in the cost of homes on the Eastside. The median sales price has increased 10.7% since May last year, and 58.2% since 2008!

Are you wondering what this market means for you? Call, text, or email me – let’s talk!

The homes below represent the high-, median-, and low-priced homes sold in April on the Eastside:

4415 91st Ave NE, Yarrow Point
3,750 Sq Ft | 4 BD | 3 BA
List Price: $12,000,000
Sold Price: $10,000,000 (83.3% of list)
Days on Market: 68 MLS: #1134185
Listed By: Windermere Real Estate/East
Sold By: Windermere Real Estate/East

 

12824 NE 135th St, Kirkland
2,840 Sq Ft | 5 BD | 2.5 BA
List Price: $865,000
Sold Price: $965,000 (111.56% of list)
Days on Market: 3 MLS: #1266347
Listed By: Windermere Real Estate/East
Sold By: Keller Williams Rlty Bellevue

 

18312 642nd Ave NE, Baring
450 Sq Ft | 1 BD | .75 BA
List Price: $125,000
Sold Price: $125,000 (100.00% of list)
Days on Market: 6 MLS: #1290062
Listed By: Windermere RE Southeast
Sold By: Windermere Real Estate GH 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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