Just Listed! 1 Bedroom, 1 Bathroom Condo $199,900

Posted by David Edwards under For Buyers, Regional - West, Listings, New Listings, Renton

Come home to your meticulously maintained, top floor condo & relax as you take in the unobstructed greenbelt view. The complex is a beautifully landscaped gated community that is professionally managed. Dues are exceptionally low & include landscaping, clubhouse, gated entry, pool, hot tub, & tanning room. You'll be proud of the updated cabinetry, double paned windows, deck storage & designer paint. All appliances stay. Easy access to freeways & The Landing. 1 Year AHS Home Warranty is included! Call 425-890-8045 to arrange for a showing today!

Price: $199,900

Bedrooms: 1

Bathrooms: 1

Virtual Tour: http://www.flyinside.com/tour.php?id=17007

For More Information Visit: http://www.davidjedwards.com/featured-listings.asp

Address: 801 Rainier Ave N #G334 Renton, WA 98057-5381

Directions: From I-405, merge onto WA 167 N/Valley Fwy via Exit 2 toward Renton/Rainier Ave and go .8 miles. Merge onto Rainier Ave S. Go 1.7 Miles. Condo is on the West side of Rainier Ave N.

David Edwards

REALTOR®

Keller Williams Realty Southeast Sound

Phone: 425-890-8045

E-Mail: david@davidjedwards.com

Website: http://www.davidjedwards.com/

Blogsite: http://www.davidjedwards.com/renton-info-blog.asp

David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Washington's Renton Highlands, Newcastle and South Bellevue.

Olympus in Newcastle, WA named Neighborhood of the Week in the Seattle Times Real Estate Section

"The upscale Olympus neighborhood in Newcastle lives up to the grandeur its name implies, with sweeping views of the Olympic Mountains, Lake Washington and Mount Rainier, along with well-kept yards and homes," writes Jolene Gensheimer in a special to The Seattle Times Real Estate section on Sunday, October 14th, 2007.

The Olympus community was established in 1987, when construction of the development began. The development was built during the mid 90's and boasts 267 homes. Olympus is served by two school districts: Issaquah and Renton. The neighborhood benefits from an active homeowner's association that meets on a monthly basis. The association hosts many events that contribute to the sense of intamicy shared by the residents. "Instead of being just a neighborhood of houses, it is a community," says longtime resident Mark Ledbury in Jolene Gensheimer's article.

Residents benefit from quick and easy access to Bellevue, Renton and Seattle via Interstates 405 and 90; easy access to Lake Boren Park found at the community's entrance and wide streets and sidewalks that provide safe, year-round biking, walking, or jogging throughout the neighborhood.

Olympus in Newcastle is just minutes from many great outdoor activities: Go for a day-hike at nearby Coal Creek Canyon Park or Cougar Mountain Regional Wildland Park; golf at The Golf Club At Newcastle; launch your boat on Lake Washington at nearby Gene Coulon Park; or simply enjoy a leisurely walk on the many trails Newcastle has to offer!

Check out this and other neighborhoods at http://www.davidjedwards.com/neighborhoods.asp.

David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp

David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Washington's Renton Highlands, Newcastle and South Bellevue.

Updated Renton, Newcastle & South Bellevue Real Estate Market Statistics (As of October 22nd, 2007)

MLS Area 500 (Newcastle, Bellevue South of I-90 & Issaquah South of I-90)
Single Family Homes
Average Days on Market: 81 Days (Up from 79 Last Week)
Inventory of Active Listings: 511 (Up from 508 Last Week)
Average List Price: $900,932 (Down from $902,500 Last Week)
Average Sale Price: $766,005 (Down from $769,020 Last Week)

Condominiums
Average Days on Market: 55 Days (Up from 53 Last Week)
Inventory of Active Listings: 135 Active Listings (Down from 138 from Last Week)
Average List Price: $339,981 (Down from $340,906 Last Week)
Average Sale Price: $327,190 (Up from $325,598 Last Week)

MLS Area 350 (Renton Highlands)
Single Family Homes
Average Days on Market: 81 Days (Up from 80 Last Week)
Inventory of Active Listings: 489 Active Listings (Down from 495 Last Week)
Average List Price: $523,902 (Up from $522,225 Last Week)
Average Sale Price: $469,182 (Down from $470,829 Last Week)

Condominiums
Average Days on Market: 49 Days (Up from 47 Last Week)
Inventory of Active Listings: 80 Active Listings (Down from 82 last week)
Average List Price: $255,636 (Up from $253,440 Last Week)
Average Sale Price: $245,340 (Down from $246,549 Last Week)

MLS Area 340 (Southeast Renton / Benson Hill)
Single Family Homes
Average Days on Market: 71 Days (Up from 69 Days Last Week)
Inventory of Active Listings: 422 Active Listings (Down from 424 Last Week)
Average List Price: $434,741 (Down from $435,345 Last Week)
Average Sale Price: $403,824 (Down from $405,406 Last Week)

Condominiums
Average Days on Market: 49 Days (Up from 47 Last Week)
Inventory of Active Listings: 93 Active Listings (Down from 98 Last Week)
Average List Price: $246,356 (Up from $245,564 Last Week)
Average Sale Price: $242,626 (Up from $241,685 Last Week)

If you are interested in statistical information for an MLS area not covered here, please respond to this post to let me know what neighborhood you live in and I will follow up with the statistics specific to your area of interest. You are also welcome to visit my website at www.davidjedwards.com where you can access my Market Snapshot research tool found on the left side of the homepage.

This information is deemed reliable but it is not guaranteed to be 100% accurate. I generated these statistics using the Northwest Multiple Listing Service. These statistics were not compiled or published by the Northwest Multiple Listing Service.

David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp

David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Washington's Renton Highlands, Newcastle and South Bellevue.

Open House on October 21, 2007 at 4610 NE 5th Place, Renton WA 98059

Washington's Real Estate Market is Strong in Spite of Problems Elsewhere in the Nation

According to the Washington Association of REALTORS, the Washington real estate market is a stable and responsible marketplace for home buyers.

The foreclosure rates today are the same as they were 10 years ago. Fewer than one percent of mortgages end in default in Washington state. As of Mid-June, sub-prime, adjustable-rate loans represented 20 percent of loans nationally, but just 6 percent of home loans in Washington.

According to the Washington State University Center for Real Estate Research (CRER), home appreciation in Washington continues to out-perform the rest of the nation with year-to-year price increases in every quarter since the spring of 1995. Home prices in Washington have increased an average of 8.1 percent since the same time last year. The demand for median-priced homes has never been greater.

The home market in Washington isn't keeping pace with the growth of the state's population, which is continuing to increase at 1.8 percent per year. According to the Washington State Office of Financial Management, the state's population will increase by nearly one million over the present decade and reach 6.8 million by 2010. About two thirds of the growth is due to in-migration; the rest is a result of the growth of families now living in Washington.

The housing squeez is forcing some families to take on more debt than they should. Others compensate by accepting longer commutes than they want. Neither is a good situation. We need to provide a variety of home choices to meet changing market demands.

The key to stability in the residential real estate market is balance, where balance is about a six month supply of homes available on the market at any given time.

On the September 26th broadcast of the Today Show, Jim Cramer from Mad Money told Meredith Viera "Don't you dare buy now… you will lose money". Realtor Associations across the country then demanded that NBC instruct Cramer to correct his statement.

The next morning on CNBC's Squak on the Street, Cramer was asked if he would like to correct his statements on the Today Show… his only correction was that Seattle is still a good place to buy homes. If you'd like to see the video of Cramer's correct and statement, check out the video by following this link: http://www.cnbc.com/id/15840232?video=533257614.

I am sure you are tired of listening to the doom and gloom of the national media. What is going on in Florida, southern California and other parts of the country does not represent the market in Washington.

Gary Keller is the founder of Keller Williams. His take on national real estate market reporting is this, "Residential real estate is not a national market product - it is a local one. To say from a national position that this is either a good time or a bad time to buy real estate is like saying the national forecast for the U.S. today is 92 degrees - it is a useless and irrelevant perspective. What is happening in your local market is all that matters."

On that note, I can't speak for the problems other parts of the nation are experiencing but this post is intended to help show the strength and stability of the Washington housing market specifically.

David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp

David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Washington's Renton Highlands, Newcastle and South Bellevue.

Updated Renton, Newcastle & South Bellevue Real Estate Market Statistics (As of October 15th, 2007)

MLS Area 500 (Newcastle, Bellevue South of I-90 & Issaquah South of I-90)
Single Family Homes
Average Days on Market: 79 Days (Up from 78 Last Week)
Inventory of Active Listings: 508 (Down from 524 Last Week)
Average List Price: $902,500 (Down from $903,974 Last Week)
Average Sale Price: $769,020 (Down from $769,216 Last Week)

Condominiums
Average Days on Market: 53 Days (Up from 45 Last Week)
Inventory of Active Listings: 138 Active Listings (Down from 142 from Last Week)
Average List Price: $340,906 (Up from $340,891 Last Week)
Average Sale Price: $325,598 (Down from $326,273 Last Week)

MLS Area 350 (Renton Highlands)
Single Family Homes
Average Days on Market: 80 Days (Up from 79 Last Week)
Inventory of Active Listings: 495 Active Listings (Up from 482 Last Week)
Average List Price: $522,225 (Up from $507,641 Last Week)
Average Sale Price: $470,829 (Up from $470,175 Last Week)

Condominiums
Average Days on Market: 47 Days (No change from Last Week)
Inventory of Active Listings: 82 Active Listings (Up from 70 last week)
Average List Price: $253,440 (Up from $247,809 Last Week)
Average Sale Price: $246,549 (Up from $241,732 Last Week)

MLS Area 340 (Southeast Renton / Benson Hill)
Single Family Homes
Average Days on Market: 69 Days (Up from 67 Days Last Week)
Inventory of Active Listings: 424 Active Listings (Down from 428 Last Week)
Average List Price: $435,345 (Down from $436,454 Last Week)
Average Sale Price: $405,406 (Down from $406,998 Last Week)

Condominiums
Average Days on Market: 47 Days (Up from 44 Last Week)
Inventory of Active Listings: 98 Active Listings (Up from 97 Last Week)
Average List Price: $245,564 (Up from $245,041 Last Week)
Average Sale Price: $241,685 (Up from $240,793 Last Week)

If you are interested in statistical information for an MLS area not covered here, please respond to this post to let me know what neighborhood you live in and I will follow up with the statistics specific to your area of interest. You are also welcome to visit my website at www.davidjedwards.com where you can access my Market Snapshot research tool found on the left side of the homepage.

This information is deemed reliable but it is not guaranteed to be 100% accurate. I generated these statistics using the Northwest Multiple Listing Service. These statistics were not compiled or published by the Northwest Multiple Listing Service.

David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp

David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Washington's Renton Highlands, Newcastle and South Bellevue.

Pacific Northwest Event Calendar - Updated!

Pacific Northwest Events Calendar Updated 10/12/2007!

Summer has come to an end; and with the changing of the season, we close another chapter of outdoor events that have come to define summers in the Pacific Northwest.

Nonetheless, when one door closes, another opens and with that, we are given an opportunity to enjoy the vast array of Autumn activities that are also unique to our region.

I have updated my Local Community Events Calendar found online at:
http://www.davidjedwards.com/events-calendar.asp

There are literally hundreds of events on the calendar. Some of the most recent additions focus on the Renton neighborhood centers.

Ages 6 and up. Come and check out the fun at North Highlands Neighborhood Center and Highlands Neighborhood Center. Many exciting recreational programs are offered the whole year through! Children are encouraged to take advantage of the various drop-in activities available free of charge. Children are allowed to come and go. Child care is not provided.

Club Highlands Neighborhood Center - 800 Edmonds Ave NE, Renton

-Closed November 12, 22 & 23 & December 24 & 25

Club North Highlands Neighborhood Center - 3000 NE 16th, Renton

-Closed November 12, 22 & 23 & December 24 & 25

Club Highlands & Club North Highlands (Renton)

Ages 6 and up. Membership to Club Highlands or Club North Highlands is free to kids. The membership card provides staff with contact information, allows members access to free drop-in activities, and helps to promote ownership in the neighborhood center. Ask staff for a registration form.

Club Highlands Activities:

Monday - Imagination Games - 4:00 - 5:00 PM

Tuesday - Arena Sports - 4:00 - 5:00 PM

Wednesday - Teen Basketball - 5:00 - 7:00 PM

Thursday - Kids Create Art Club - 3:30 - 4:30 PM

Friday - Kid's Night - 6:00 - 7:00 PM

Club North Highlands Activities:

Monday - Indoor Soccer - 3:00 PM - 5:00 PM

Tuesday - Arts & Crafts - 3:00 PM - 5:00 PM

Wednesday - Group Games - 3:00 PM - 5:00 PM

Thursday - Tournament Time - 3:00 PM - 5:00 PM

Friday - Movie of the Week (PG or G) 3:00 PM - 5:00 PM

Rental Information (Renton)

Looking for a facility to hold a smaller meeting or function? Highlands and North Highlands Neighborhood Centers and Kennydale Park, Kiwanis Park, Philip Arnold Park, Teasdale Park, and Tiffany Park recreation buildings are available for rent on an hourly basis.

Meeting Rooms:

During Operating Hours - $20 Renton Resident / $25 Non-Renton Resident

During Non Operating Hours - $35 Renton Resident / $40 Non-Renton Resident

Gymnasium:

During Operating Hours - $20 Renton Resident / $25 Non-Resident

During Non Operating Hours - $35 Renton Resident / $40 Non-Renton Resident

Park Building (3 Hour Minimum) $20 Renton Resident / $25 Non Renton Resident

For more information call 425-430-6725.

If you have something you would like to see added to the calendar, please submit your request by responding to this post with a comment. Please limit your event postings to those taking place in Washington State's King, Pierce, Thurston, Snohomish, Skagit, Lewis, Mason, Island, Grays Harbor and/or Kitsap counties.

Event information is subject to cancellation or change. Please phone ahead to confirm event dates, times and costs.

Have a great weekend!

David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp

David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Washington's Renton Highlands, Newcastle and South Bellevue.

Renton Highlands Property Values will benefit from Coal Creek Parkway’s Expansion

Coal Creek Parkway is the only north and south roadway alternative to I-405 between the cities of Bellevue and Renton, which makes it a vital regional corridor. You may have noticed the beginnings of some road construction along Coal Creek Parkway just north of Duvall at the Renton / Newcastle Border.

This Coal Creek Parkway project will widen Coal Creek Parkway between SE 84th Street and SE 95th Way from two to four travel lanes with left-turn pockets, a landscaped median, bike lanes, sidewalks, curbs and gutters, crosswalks, illumination, and drainage facilities. New traffic signals will be installed at SE 89th Street, May Valley Road, and SE 95th Street. The existing May Creek Bridge will be replaced with a four-lane structure. The existing Boren Creek culvert will be replaced with a larger structure that will allow fish passage.

Completion of the Coal Creek Parkway project prior to the launch of the Renton to Bellevue portion of the I-405 expansion project is critical. The I-405 project will add two new lanes in each direction between SR 169 in Renton and I-90 in Bellevue and will rebuild eight interchanges. During construction, normal I-405 traffic will be forced onto Coal Creek Parkway.

Most of the traffic on the parkway is pass-through traffic. Despite this fact, it has been the City of Newcastle who has stepped up to lead the effort to secure funding from all levels of government, including county, state and federal dollars.

Once completion of the Parkway is complete, residents at the mouth of the Parkway in Renton will benefit from a congestion free commute to Bellevue without experiencing an increase in property taxes.

As of October 8th, the average sale price of a home in the Renton Highlands (MLS Area 350) was 61% of the average sale price of a home in Newcastle (MLS Area 500). It seems likely that homeowners in MLS Area 350 will experience a significant spike in property values once the congestion issues of Coal Creek Parkway are resolved. This is because real estate is all about location and the closer a home is to an urban core such as Bellevue, the more the location tends to be worth. Expanding Coal Creek Parkway will reduce current commute times for Renton citizens. It will bring them in line with commute times that people are currently paying 60% more for in Newcastle. Of course, using the same logic, Newcastle residents stand to benefit from this as well.

These exciting transportation projects make MLS Area 350, which covers the 98059 and 98056 zip codes in Renton, an exciting place to purchase a home. Homeowners who are planning to sell a home in this area should research the benefits of the transportation initiatives so they can share them with potential buyers.

For more information visit:
http://www.ci.newcastle.wa.us/r_yg_city_projects.asp

Roads & Transit Plan for Renton

On August 20th, the Renton City Council passed a resolution in support of the Roads & Transit Plan. Voters will vote on this package this November.

The Roads & Transit Plan includes the following projects in Renton:

- I-405 Bellevue to Renton lane additions
- SR 167 / I-405 interchange HOV to HOV direct lane connection
- SR 167 HOT (toll) lanes
- Southbound I-405 to eastbound SR 169 flyover ramp
- SR 167 Green River Valley corridor congestion relief projects

David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp

David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Washington's Renton Highlands, Newcastle and South Bellevue.

Open House! Tuesday October 9th from 12:00 to 3:00 PM in Renton�s Summerfield Neighborhood

Pacific Northwest Events Calendar Updated 10/05/2007!

Summer has come to an end; and with the changing of the season, we close another chapter of outdoor events that have come to define summers in the Pacific Northwest.

Nonetheless, when one door closes, another opens and with that, we are given an opportunity to enjoy the vast array of Autumn activities that are also unique to our region.

I have updated my Local Community Events Calendar found online at:
http://www.davidjedwards.com/events-calendar.asp

There are literally hundreds of events on the calendar. Some of the most recent additions include:

Clam Lights - Friday November 30th - Free!

Start your holiday season off with an evening of entertainment, holiday spirit, and stunning visual effects. A fun event for young and old alike. Co-sponsored by Ivar's Inc., and the City of Renton, this event draws thousands of spectators each year.

6:30 PM - Entertainment

7:15 PM - Official "Clam Lights" Lighting - Don't miss the 14th annual Clam Lights event at Coulon Beach Park. What started as a small lighting display has now expanded to an event that draws thousands of people each season with its wondrous array of lighting. The magic begins when the main switch is thrown to transform Gene Coulon Beach Memorial Beach Park into a winter wonderland. Marvel at the lighting on the buildings, trees, shrubbery, and walkways. See Clam Lights nightly through January 1st.

7:30 PM - "Parade of Boats" - Welcome the arrival of the Rainier Yacht Club's lighted boat parade. Each boat is decked out in the spirit of the season, and will surely be a thrill for all.

Argosy Christmas Ship - Monday December 3rd - Free!

Featuring entertainment by a local northwest choir, the Christmas Ship will be just off the shores of Gene Coulon Memorial Beach Park from 6:00 to 6:20 PM. The ship's annual visit draws an audience of thousands and is sure to put you in the holiday spirit. This event is free!

Breakfast with Santa - Saturday December 8th

Children ages 2 to 12 are invited to a special Saturday breakfast with Santa. Parents, grandparents, and kids can enjoy a fabulous breakfast and wonderful entertainment. Children must be accompanied by an adult. The breakfast and program are prepared with the help of Renton Senior Activity Center volunteers. Two seatings, 9:00 AM and 12:00 PM are available. Advance tickets are required and go on sale Wednesday, November 1st. The cost is $6 per person. Call the Renton Senior Activity Center for more details or to purchase tickets at 425-430-6633.

If you have something you would like to see added to the calendar, please submit your request by responding to this post with a comment. Please limit your event postings to those taking place in Washington State's King, Pierce, Thurston, Snohomish, Skagit, Lewis, Mason, Island, Grays Harbor and/or Kitsap counties.

Event information is subject to cancellation or change. Please phone ahead to confirm event dates, times and costs.

David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp

David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Washington's Renton Highlands, Newcastle and South Bellevue.

Price Reductions!

Was $419,999 Now $407,999! (Open House today, Oct 2nd from 12:00 to 3:00 PM)
15616 160th Ct SE Renton, WA 98058
Bedrooms: 3
Bathrooms: 2.50
Square Feet: 2000
Lot Size: 8526 sf
Year Built: 1987
For More Information: http://www.davidjedwards.com/featured-listings.asp

Was $414,900 Now $409,900!
4409 NE 20th St Renton, WA 98059
Bedrooms: 5!
Bathrooms: 2.5
Square Feet: 2230
Lot Size: 7210
Year Built: 1976
For More Information: http://www.davidjedwards.com/featured-listings.asp

David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp

David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Washington's Renton Highlands, Newcastle and South Bellevue.

Open House! Tuesday October 2nd from 12:00 to 3:00 PM in Renton's Summerfield Neighborhood

The entryway, with its wood floors and vaulted ceilings, will lead you to a spacious kitchen with a granite tiled, center island. The master bedroom is oversized and comes complete with a 5 piece bath and walk-in closet!!! You'll love the NEW roof, fully fenced and landscaped private yard, complete with a refinished deck for entertaining. This home is perfectly situated along a greenbelt with access to trails for hiking.

Price: $407,999
Bedrooms: 3
Bathrooms: 2.5
Square Feet: 2000
MLS: 27148759

For More Information Feel Free to Visit:
http://www.davidjedwards.com/featured-listings.asp?listing_id={9ECFB9D0-B978-41A7-9F11-36EBF3E9E94F}

Driving Directions: From I-405, drive SE on Renton Maple Valley Rd / WA-169 for 1.4 miles. Turn right onto 161st Ave SE into Summerfield Community. Turn right on 156th St SE. Turn left onto 160th Ct SE. The address is: 15616 160th Ct SE, Renton, WA, 98058.

If you have any questions about this property or if you would like to schedule a private showing, please let me know.

Best Regards,

David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp

David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Washington's Renton Highlands, Newcastle and South Bellevue.

Updated Real Estate Market Statistics (As of October 1st, 2007)

MLS Area 500 (Newcastle, Bellevue South of I-90 & Issaquah South of I-90)
Single Family Homes
Average Days on Market: 77 Days (Up from 76 Last Week)
Inventory of Active Listings: 524 (Down from 547 Active Listings Last Week)
Average List Price: $904,912 (Up from $904,824 Last Week)
Average Sale Price: $772,772 (Down from $779,345 Last Week)

Condominiums
Average Days on Market: 43 Days (No change from Last Week)
Inventory of Active Listings: 143 Active Listings (Up from 131 from Last Week)
Average List Price: $337,867 (Down from $339,423 Last Week)
Average Sale Price: $326,849 (Down from $330,812 Last Week)

MLS Area 350 (Renton Highlands)
Single Family Homes
Average Days on Market: 79 Days (No Change from Last Week)
Inventory of Active Listings: 481 Active Listings (Up from 472 Last Week)
Average List Price: $504,573 (Down from $505,958 Last Week)
Average Sale Price: $469,060 (Down from $471,005 Last Week)

Condominiums
Average Days on Market: 46 Days (Up from 45 from Last Week)
Inventory of Active Listings: 63 Active Listings (Down from 66 last week)
Average List Price: $241,687 (Down from $238,709 Last Week)
Average Sale Price: $242,291 (Up from $240,211 Last Week)

MLS Area 340 (Southeast Renton / Benson Hill)
Single Family Homes
Average Days on Market: 66 Days (No change from Last Week)
Inventory of Active Listings: 422 Active Listings (No change from Last Week)
Average List Price: $438,130 (Down from $440,016 Last Week)
Average Sale Price: $408,391 (Down from $413,233 Last Week)

Condominiums
Average Days on Market: 43 Days (Up from 41 Last Week)
Inventory of Active Listings: 96 Active Listings (Up from 94 Last Week)
Average List Price: $245,473 (Up from $245,465 Last Week)
Average Sale Price: $239,367 (Up from $238,609 Last Week)

If you are interested in statistical information for an MLS area not covered here, please respond to this post to let me know what neighborhood you live in and I will follow up with the statistics specific to your area of interest. You are also welcome to visit my website at www.davidjedwards.com where you can access my Market Snapshot research tool found on the left side of the homepage.

This information is deemed reliable but it is not guaranteed to be 100% accurate. I generated these statistics using the Northwest Multiple Listing Service. These statistics were not compiled or published by the Northwest Multiple Listing Service.

David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp

David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Washington's Renton Highlands, Newcastle and South Bellevue.