Eastside Real Estate Stats* for you. Nine key statistics that give you a picture of today’s trends. If you are planning on buying or selling, timing is everything. Keeping a watch on the market is critcal.
During the time of this report – No new construction, No new townhouses on the market.
1. $0-300 price point is virtually gone. If you are looking for low priced properties, you are out of luck at present. There are just a few properties at this price point.
2. $701-1000 had the largest volume increase by price point. Prices have advanced and now this bracket shows to be the largest price segment.
3. $1000-2000 had the biggest year on year increase in SOLD volume. Buyers with strong buying power are completing deals on the Eastside.
4. $2000+ had a slight increase in SOLD volume.
5. The SOLD volume was down 9.6% Year on Year.
6. All price points under $700 were drastically down by SOLD volume.
7. The median SOLD prices increased nearly 6% during the year and 12.7% year on year.
8. The 3 bed 2 bath 1800-2200 SqFt house only SOLD 15 at a median price of $607,000 up 9.4%.
9. The median house 4bd/2.5bth/2320SqFt SOLD for 743,750, an increase of 11.25%
In a nutshell, prices are going up. Inventory is going down. There are buyers in the market and Eastside sales are trending toward higher end properties.
Eastside Real Estate
Information submitted by Tom Perry, 2020 Real Estate Solutions See Tom’s profile on Realty Executives.
Click To View properties currently for sale on the NWMLS (Northwest Multiple Listing Service).
About Tom Perry:
Tom understands the emotional move to the Northwest from sunny warmer climates that many people face. He moved to the Seattle area from the beaches of Southern California and would never move back. Snow and water skiing, cycling, hiking, theater, nightlife and cozy fires are all part of the experience. He has enjoyed them all. Tom’s kids, born and raised here, also embraced all that the Northwest mountains. lakes and deserts and cities have to offer. Today, when Tom has free time, you can find him on the golf course, cycling, working out in the gym or playing board games with family and friends.
Business profile:
Tom has been a full time Realtor in the Seattle area for more than 25 years. He understands that it’s more than the number of years or the number of closed sales that builds trust with his clients. It’s the ability to listen, understand and deliver solid options that bring about wonderful results. He searches tirelessly for available resources to create systems for both Buyers and Sellers that bring success and the best ways to deliver them.
Working with Tom can be methodical and stress free. He just asks that you be open with him about your personal and financial goals as it pertains to your real estate needs. With this, his sincere concern for you is heightened and meaningful. He is then able to assimilate the best options and potential outcomes that allow you to make educated decisions.
For some 20 years now, Tom has also been training new and experienced agents with a program that he developed. It’s his assistance and calm thorough thinking that helps these agents learn how to communicate with their clients, think on their feet and deliver quality
*Assembled from NWMLS data for Bellevue,Redmond,Issaquah, and Kirkland and Eastside Real Estate.