Aug. 30, 2009 - Market Stats - Seattle's Eastside Cities

That Kirkland 98034 is outperforming the other Eastside cities, and Kirkland's 98033 is quite astounding. even though that applies only to the lowest price tier of single family homes. The fact that you get more for your money, most times, ikn 98034 is really paying off in this market where people are looking at being able to stay in their home for a longer period.

Remember you can't compare these numbers to the Seattle Market Stats, because townhomes on the Eastside are not reflected, given they are condos on the Eastside, for the most part. In Seattle the lower price tier includes townhomes, because in Seattle they are by and large considered to be single family homes vs. condos.

Eastside homes are still reflecting a buyers market, and many are taking advantage of short sales and bank owneed properties. Sellers who are pricing at levels that are not reflective of current market conditions, are holding the market back in these prime areas.

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Required Disclosure - The data used in this post is not compiled, verified or posted by The Northwest Multiple Listing Service. Hand calculated by ARDELL.