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Real Estate Update: Seattle – June 2014

By July 14, 2014No Comments

View of Belleview from MadronaReal estate sales in certain neighborhood pockets of Seattle began to balance out in June, which is good news for buyers. Here is a quick look at how the market is performing in a few of the key neighborhoods we work:

Arboretum: The average sales price of single family homes in Arboretum in June was $750,000 while the average price per square foot was $353.

Eastlake: 11 single family homes closed in Eastlake in June, which was 37.5% more than May. The average sales price last month was $556,000.

Madison Park: The number of single family homes for sale in June was up 60% compared to May while the number of homes placed under contract was up 100% over the previous month.

Washington Park: The average price of single family homes sold last month in Washington Park was $991,000 while the average continuous days on market was 13.

Broadmoor: In June the average price per square footage of homes sold is appreciating, with an average of $682. This is up 46.6% from last year.

See how the real estate market is performing in Capitol Hill >

Interested in selling your home? Let us put together a market analysis and help you decide if now is the right time to sell.


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