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July 17, 2008

Eastside Real Estate Statistics June 2008 - A 425Realty.com Statcast for Bellevue NWMLS Areas 520 & 530

By Greg Perry, Eastside Realtor

Be sure to watch Greg's video commentary of NWMLS Areas 520 & 530 below the charts and the data.

Single Family Homes only

NWMLS AREA 530 (East Bellevue)

530_june_08_3 

Date 4/07 5/07 6/07 7/07 8/07 9/07 10/07 11/07 12/07 1/08 2/08 3/08 4/08 5/08 6/08
For Sale 140 148 180 207 238 269 279 262 217 232 266 278 295 346 325
Sold 55 69 87 73 72 47 43 36 37 37 26 46 53 45 43
Pended 62 88 76 66 56 43 34 35 37 32 43 54 48 50 68
Months of Inventory based on Closed Sales 2.5 2.1 2.1 2.8 3.3 5.7 6.5 7.3 5.9 6.3 10.2 6.0 5.6 7.7 7.6
Months of Inventory based on Pended Sales 2.3 1.7 2.4 3.1 4.3 6.3 8.2 7.5 5.9 7.3 6.2 5.1 6.1 6.9 4.8
Avg. Active Price 858 854 829 847 819 788 785 802 811 771 782 774 755 747 803
Avg. Sld Price 667 630 695 717 699 773 666 599 636 615 575 568 594 648 585
Avg. Sq. Ft. Price 286 267 293 307 307 325 282 275 286 254 258 255 261 274 265
Sold/List Diff. % 100 99 99 99 99 97 98 97 99 96 97 98 97 97 98
Sold/Orig LP Diff. % 100 98 98 98 96 95 96 95 96 94 94 95 95 94 95
Days on Market 25 40 35 34 47 35 35 52 68 80 68 99 75 86 67
Avg CDOM 39 49 43 46 56 38 38 63 77 96 96 116 83 114 89
Median Price 566 575 585 610 602 587 615 535 534 575 570 525 535 560 565

NWMLS AREA 520 (West Bellevue)

520_june_2008

Date 4/07 5/07 6/07 7/07 8/07 9/07 10/07 11/07 12/07 1/08 2/08 3/08 4/08 5/08 6/08
For Sale 146 154 165 184 192 217 220 216 178 199 256 292 301 316 320
Sold 30 61 32 54 35 23 20 23 10 12 14 16 24 22 19
Pended 37 45 56 27 32 16 16 17 10 13 23 14 26 22 24
Months of Inventory based on Closed Sales 4.9 2.5 5.2 3.4 5.5 9.4 11.0 9.4 17.8 16.6 18.3 18.3 12.5 14.4 16.8
Months of Inventory based on Pended Sales 3.9 3.4 2.9 6.8 6.0 13.6 13.8 12.7 17.8 15.3 11.1 20.9 11.6 14.4 13.3
Avg. Active Price 2725 2764 2537 2256 2217 2144 2122 2073 2052 2150 2124 2133 2215 2164 2217
Avg. Sld Price 1411 1678 2264 1629 1585 1943 1571 1449 1441 1213 1453 1474 1633 1878 1504
Avg. Sq. Ft. Price 435 551 631 510 506 592 498 488 452 445 413 434 467 533 450
Sold/List Diff. % 101 99 100 99 97 97 97 94 96 96 96 96 93 95 94
Sold/Orig LP Diff. % 100 99 99 98 96 95 96 92 94 95 96 92 89 94 91
Days on Market 59 59 50 59 54 61 56 56 57 83 41 88 80 82 98
Avg CDOM 95 91 89 85 69 75 62 57 57 95 171 150 148 119 131
Median Price 1200 1410 1662 1275 1360 1675 1362 1300 1156 1038 1376 1173 1178 1324 1320
*All reports are published Jul. 2008, based on data available at the end of Jun. 2008.
This representation is based in whole or in part on data supplied by the NWMLS. Neither the Board or its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activity in the market. Report reflects activity by all brokers participated in the MLS

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Comments

Greg, without a doubt you seem to be the best in the area at understanding the market. I follow your market insights on the PI blog, Rain City and the Bubble. Good job. The video is a nice touch.

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