Northwest Seattle ( Ballard, Fremont, Wallingford, Green Lake...) home values jumped up from the low in February of this year. In July the median home value was $418,000 and the average was $456,405, which is an increase of 12% and 15% from February of 2011. However, it is a decrease of 3% and 1% from July of 2010.
The number of homes sold continues to be strong. While the number of pending sales is showing signs of declining which is typical for this time year.