Thursday, October 20, 2011

Which homes are selling in northwest Seattle?

One may ask, which homes are selling in Seattle? ...Homes that are priced right...but are also priced in an active price range.

As the graph below shows, 115 homes sold in the last six months that were priced between $350,000 and $400,000. In general the quantity of homes sold that were priced between $250,000 and $550,000 did the best. While there was a much smaller number that sold priced above $850,000.

Which homes sold the quickest? ...Again the homes that were priced right and sold in the most active price range. Below is a graph that shows the number of days on market (DOM) for homes in many price ranges. In the price range of $400,000 to $450,000 there were 71 homes that sold with an average DOM of 18 days! WOW! That's a hot market!

Northwest Seattle includes the neighborhoods of Ballard, Fremont, Greenlake, Wallingford, Greenwood and many others that are located between I5 and the Sound and between the Ship Canal and the City limits at roughly 145th Street.

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