When comparing May 2011 vs. May 2010, homes are selling faster in central and north Seattle, Washington.
Queen Anne and Magnolia: 58 vs. 116
Capital Hill and Madison Park: 57 vs. 132
Ballard and Green Lake: 42 vs. 91
U-District and Lake City: 41 vs. 101
The number of days a home is on the market is a good indicator of how active the real estate market is in an area. Typically, homes that sell in fewer days have a selling price that is closer to the listing price.