Updated Real Estate Market Statistics (As of September 10th, 2007)

MLS Area 500 (Newcastle, Bellevue South of I-90 & Issaquah South of I-90)
Single Family Homes
Average Days on Market: 76 Days (No change from Last Week)
Inventory of Active Listings: 506 (Up from 495 Active Listings Last Week)
Average List Price: $900,833 (Up from $893,355 Last Week)
Average Sale Price: $782,097 (Up from $774,471 Last Week)

Condominiums
Average Days on Market: 44 Days (Up from 42 from Last Week)
Inventory of Active Listings: 130 Active Listings (No change from Last Week)
Average List Price: $342,407 (Up from $342,172 Last Week)
Average Sale Price: $336,438 (Down from $338,097 Last Week)

MLS Area 350 (Renton Highlands)
Single Family Homes
Average Days on Market: 78 Days (No Change from Last Week)
Inventory of Active Listings: 458 (Up from 437 Active Listings Last Week)
Average List Price: $506,964 (Up from $505,439 Last Week)
Average Sale Price: $470,181 (Up from $469,699 Last Week)

Condominiums
Average Days on Market: 42 Days (Up from 37 from Last Week)
Inventory of Active Listings: 61 Active Listings (No change from last week)
Average List Price: $236,893 (Down from $237,832 Last Week)
Average Sale Price: $238,232 (Down from $238,788 Last Week)

MLS Area 340 (Southeast Renton / Benson Hill)
Single Family Homes
Average Days on Market: 63 Days
Inventory of Active Listings: 409 Active Listings
Average List Price: $438,999
Average Sale Price: $413,997

Condominiums
Average Days on Market: 38 Days
Inventory of Active Listings: 93 Active Listings
Average List Price: $246,350
Average Sale Price: $241,020

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.