Updated Real Estate Market Statistics (As of September 24th, 2007)

MLS Area 500 (Newcastle, Bellevue South of I-90 & Issaquah South of I-90)

Single Family Homes
Average Days on Market: 76 Days (Up from 75 Last Week)
Inventory of Active Listings: 547 (Up from 527 Active Listings Last Week)
Average List Price: $904,824 (Up from $899,522 Last Week)
Average Sale Price: $779,345 (Down from $780,176 Last Week)

Condominiums
Average Days on Market: 43 Days (Up from 42 from Last Week)
Inventory of Active Listings: 131 Active Listings (Down from 135 from Last Week)
Average List Price: $339,423 (Down from $341,082 Last Week)
Average Sale Price: $330,812 (Down from $333,538 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: 472 Active Listings (Up from 468 Last Week)
Average List Price: $505,958 (Down from $507,343 Last Week)
Average Sale Price: $471,005 (Down from $472,038 Last Week)

Condominiums
Average Days on Market: 45 Days (Up from 43 from Last Week)
Inventory of Active Listings: 66 Active Listings (No change from 61 last week)
Average List Price: $238,709 (Up from $237,457 Last Week)
Average Sale Price: $240,211 (Up from $237,645 Last Week)

MLS Area 340 (Southeast Renton / Benson Hill)

Single Family Homes
Average Days on Market: 66 Days (Up from 64 Last Week)
Inventory of Active Listings: 422 Active Listings (Down from 424 Last Week)
Average List Price: $440,016 (Up from $438,832 Last Week)
Average Sale Price: $413,233 (Down from $414,534 Last Week)

Condominiums
Average Days on Market: 41 Days (Up from 39 Last Week)
Inventory of Active Listings: 94 Active Listings (Up from 93 Last Week)
Average List Price: $245,465 (Down from $245,679 Last Week)
Average Sale Price: $238,609 (Dowm from $239,754 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.