Jun. 23, 2008 - Redmond 98052 Real Estate Stats

Last night on Rain City Guide, I posted the King County changes in pricing as follows:

"As to prices, so far condos are down 6.7% from peak pricing;  Residential is down 4.8% from peak and residential “in escrow” down 6.5% from peak pricing."  Today I will be using similar methods to evaluate varios Zip Codes starting with Redmond 98052.

Condos in 98052

2005 - 1Q - xx - $xxx 2Q 124 - $190, 3Q 112 - $198, 4Q 88 - $234

2006 - 1Q - 74 - $219 2Q 124 - $254, 3Q 128 - $268, 4Q 87 - $262

2007 - 1Q - 86 - $306 2Q 130 - $315, 3Q 178 - $323, 4Q 75 - $288

2008 - 1Q - 63 - $285 2Q  63 - $300 (2Q incomplete data - postings as of 6/22/08)

Median price of those closed in the last 30 days $282

Residential in 98052

2005 - 1Q xxx - $xxx, 2Q 222 - $211, 3Q 215 - $215, 4Q 180 - $218

2006 - 1Q 130 - $228, 2Q 194 - $240, 3Q 173 - $241, 4Q 153 - $241

2007 - 1Q 129 - $262, 2Q 173 - $264, 3Q 158 - $267, 4Q 130 - $245

2008 - 1Q  98 - $268, 2Q 112 - $248 (2Q incomplete data - postings as of 6/22/08)

Median price of those closed in the last 30 days $256

Stats not compiled or published by NWMLS. (Required disclosure)