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ARDELL's Seattle Area Real Estate Blog

Jan. 4, 2010 - Seattle Home Prices 2009 - Townhomes

Townhome Prices in Seattle - 2009:

98103 - 168 sold - Medians: Price $340,000 - sf 1,460

34 currently for sale in 98103 with a median asking price of $349,450 - sf 1,505

98115 -   33 sold - Medians: Price $399,000 - sf 1,450

7 currently for sale in 98115 with a median asking price of $429,900- sf 1,410

98117 -   40 sold - Medians:  Price $332,500 - sf 1,400

12 currently for sale in 98117 with a median asking price of $341,975 - sf 1,310

98105 -   53 sold - Medians: Price $350,000 - sf  1,245

9 currently for sale in 98105 with a median asking price of $455,000 - 1,520 sf

98107 -   92 sold - Medians: Price $371,550 - sf  1,484

12 currently for sale in 98107 with median asking price of $394,500 - 1,447 sf

Townhome considerations:

Busy Road? Walk to shops? Is the 3rd bedroom really a bedroom? Do you access your front door from an alley? Are the closets big enough? Do all three bedrooms have easy access to a bathroom with a tub or shower? Do you feel like you are taking your driver's license test when trying to get in and out of your garage?

I'm not going to do a 10 year graph of townhome prices because they are a relatively new thing in Seattle and as you can see from the info above, supply and demand is a factor. High inventory creates lower prices. Low inventory creates higher prices.

(Required Disclosure - Stats are not compiled, verified or posted by The Northwest Multiple Listing Service) 

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ARDELL DellaLoggia of Sound Realty on Seattle Real Estate process and market including Kirkland, Bellevue, Redmond, Green Lake and most areas around the top of Lake Washington North of Downtown Seattle. Phone: 206-910-1000 - Mailto:ARDELLd@gmail.com

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