Thursday, September 11, 2008

Home Sales Value and Volume in Central Seattle WA in August 2008

Home values in central Seattle Washington have been pretty flat since March. The median priced home has been hovering just above or just below $600,000. In August it was $619,000.

Sales volume has been flat as well hovering around 50 homes sold each month with 47 selling in August.

The summer months are typically the busiest of the year for central Seattle. Although, this summer has not held that trend due to the current troubled climate in the lending industry. I expect the number of homes sold in September to remain around 50 and the median priced home to remain around $600,000.

View Graphs

Wednesday, September 10, 2008

Home Sales Value and Volume in N. Seattle WA in August 2008

In August home values in north Seattle Washington matched June 2007's peak. The median priced home sold for $515,000. Sales volume slid down 15% from July with a total of 120 homes sold.

In the past the home sales volume and the median home sales value in north Seattle has typically peaked in June. In 2008 the peak for sales volume was likely in July and the median home value may not peak until November. The delays are caused by the current troubled climate in the lending industry and its effect on the real estate market.

View Graphs

Homes Sold in Central and Northwest Seattle Washington

Queen Anne
16 single family homes sold on Queen Anne in August. Only 12.5% were sold within 30 days at 96.9% of the listing price.
View Listings
View Statistics

Magnolia
15 single family homes sold in Magnolia in August. Only 20% were sold within 30 days at 99.1% of the listing price.
View Listings
View Statistics

Ballard
15 single family homes sold in Ballard in August. 40% were sold withing 30 days at 99.8% of the listing price.
View Listings
View Statistics

North Ballard (Loyal Heights, Olympic Manor, North Beach...)
51 single family homes sold in north Ballard in August. This area was hot! 45.1% were sold within 30 days at 99.3% of the listing price.
View Listings
View Statistics

Green Lake/Phinney Ridge
30 single family homes sold in the greater Green Lake/Phinney Ridge area in August. 66.7% were sold within 30 days at 97.8% of the listing price.
View Listings
View Statistics

Fremont/Wallingford
20 single family homes sold in the greater Fremont/Wallingford area in July. 45% were sold withing 30 days at 99.2% of the listing price.
View Listings
View Statistics

Tuesday, September 02, 2008

Sharon Blumer at the Ballard Art Walk in September 2008

I'll be presenting new works by artist Sharon Blumer at the Ballard Art Walk in September. “Montessori Revisited” utilizes the elements of color, texture, light and form we all experienced as children to convey her passion. Drawing her inspiration from the living world, Blumer’s rich textural creations explore the beauty and majesty of the Animal Kingdom. Her playful, multi-dimensional work captures the fleeting beauty of the world’s endangered animals.

September 13th, 2008 from 6 to 9 PM at the FORUM CENTER located at 1718 NW 56th Street, Seattle, WA 98107.