Friday, June 10, 2011

May 2011 - Seattle Homes Selling Faster

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.

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