Saturday, May 17, 2008

Home Values in North Seattle

Below are graphs that track home values and sales volumes of single family homes in North Seattle which is the geographic area north of the ship canal to 145th Street.

In northwest Seattle, home values began to drop from their peak in August 2007 with the median priced home selling for $494,500. By March the median was down to $434,950. In April it is starting to move back up and was at $454,000. Currently, the volume of homes sold and pending is on the rise. I expect home values in northwest Seattle to continue to improve in the coming months.

In northeast Seattle, homes values began to drop from their peak in May of 2007 with the median priced home selling for $550,000. By January the median was down to $432,000. In April it is also starting to move up and was at $445,000. Currently, the volume of homes sold and pending is on the rise. I expect home values in northeast Seattle to continue to improve in the coming months.

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Friday, May 09, 2008

Home Values in North and Central Seattle

I've been looking over the sales history of single family homes located in Seattle's central (S. of the ship canal & N. of I90) and north (N. of ship canal) neighborhoods. From the statistics I've created the following graphs.
For north Seattle, home values began to drop from their peak in October 2007 with the median priced home selling for $511,000. By January the median was down to $444,000. There was a move upward in February to $477,000, but the median settled down to $450,000 in April. Currently, the volume of homes sold and pending is on the rise with the warming of spring. I expect home values in north Seattle to improve in the coming month.

Central Seattle is not fairing as well. October of last year was also the peak. The median priced home at that time was $671,000. Since then home prices have slowly declined to $585,000 in April. With the coming of summer I expect home values in central Seattle to flatten out and potentially improve in the coming months.

Mortgage interest rates may be playing a large role in the difference in statistics between north and central Seattle's market. Low interest rates for conforming loans may be helping north Seattle. While jumbo rates which are about 2 points higher continue to be a drag on central Seattle.

Wednesday, May 07, 2008

Homes Sold in the Seattle WA Neighborhood of N. Ballard April 2008

A total of 41 single family homes sold in the Seattle, Washington neighborhood of N. Ballard (zip code 98117) during the month of April 2008. This is 11% more than March of 2008 but 20% less than April of 2007.

View Listings
This link is active for 30 days from date of posting. If it has expired and you'd like to view these listing contact Andrew at 206-930-8238 or info@AndrewLParker.com .

Homes Sold in Seattle WA Neighborhoods of Green Lake and Wallingford April 2008

A total of 53 single family homes sold in the Seattle, Washington neighborhoods of Green Lake and Wallingford (zip code 98103) during the month of April 2008. This is 10% more than March of 2008 but 22% less than April of 2007.
This link is active for 30 days from date of posting. If it has expired and you'd like to view these listing contact Andrew at 206-930-8238 or info@AndrewLParker.com .

Homes Sold in Seattle WA Neighborhood of Ballard April 2008

A total of 24 single family homes sold in the Seattle, Washington neighborhood of Ballard (zip code 98107) during the month of April 2008. This is 20% less than March of 2008 and 15% less than April of 2007.

View Listings This link is active for 30 days from date of posting. If it has expired and you'd like to view these listing contact Andrew at 206-930-8238 or info@AndrewLParker.com .

Homes Sold in Seattle WA neighborhood of Magnolia April 2008

A total of 18 single family homes sold in the Seattle, Washington neighborhood of Magnolia during the month of April 2008. This is slightly less than in March of 2008 but off 48% from April of 2007.

View Listings This link is active for 30 days from date of posting. If it has expired and you'd like to view these listing contact Andrew at 206-930-8238 or info@AndrewLParker.com .

Homes Sold in Seattle WA neighborhood of Queen Anne April 2008

A total of 21 single family homes sold in the Seattle, Washington neighborhood of Queen Anne during the month of April 2008. This is slightly less than in March of 2008 but off 46% from April of 2007.

View Listings This link is active for 30 days from date of posting. If it has expired and you'd like to view these listing contact Andrew at 206-930-8238 or info@AndrewLParker.com .

Sunday, May 04, 2008

Jennifer Huhns at the Ballard Art Walk-May 2008


I’ll be hosting Jennifer Huhns this month at the Ballard Art Walk. She creates original stained glass mosaic art panels and custom architectural installations. She uses recycled materials whenever possible to create art that celebrates the beauty of nature and the human experience.


Stop by to view her work and enjoy a little wine, beer and Hors D Oeuvres. More Details