Pending and closed homes sales in the Seattle neighborhoods of Capital Hill/Madison Park rose dramatically in March with 81 homes pending and 68 closed. The home values jumped back up to just above February's value with a median of $477,000 and an average of $649,795.
As with other areas of Seattle Washington the number of pending homes sales was skyrocketing in March in central Seattle with 141 homes pending. Closed home sales moved up too with 52 homes closed.
The home values moved up as well with a median of $473,250 and an average of $589,126. February looks to be the low point for 2011.
The median and average home values in February for the Seattle, Washington neighborhoods of Capital Hill and Madison Park was $475,00 and $636,071. Values are down in this area, but they have held there value better than the average home in King County.