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
REALTORĀ®
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 REALTORĀ® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Washington's Renton Highlands, Newcastle and South Bellevue.