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July 16, 2008

Eastside Real Estate Statistics June 2008 -- A 425Realty.com Statcast NWMLS Areas 500,510

By Greg Perry, Eastside Realtor

Be sure to watch Greg's video commentary of NWMLS Areas 500 & 510 below the charts and the data.

NWMLS AREA 500 (South Bellevue, Issaquah, North Bend, Newcastle below I-90)

500_june_2008_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 334 376 449 453 471 508 478 438 399 432 473 485 539 581 580
Sold 98 101 100 99 113 55 55 51 39 27 35 62 59 57 61
Pended 86 115 113 90 77 47 54 45 28 32 58 57 56 69 63
Months of Inventory based on Closed Sales 3.4 3.7 4.5 4.6 4.2 9.2 8.7 8.6 10.2 16.0 13.5 7.8 9.1 10.2 9.5
Months of Inventory based on Pended Sales 3.9 3.3 4.0 5.0 6.1 10.8 8.9 9.7 14.3 13.5 8.2 8.5 9.6 8.4 9.2
Avg. Active Price 1085 1073 1016 986 995 1014 997 991 999 974 970 950 921 932 957
Avg. Sld Price 754 868 681 840 779 666 750 831 720 672 740 710 794 723 735
Avg. Sq. Ft. Price 265 277 266 291 277 264 267 289 241 248 252 265 277 250 256
Sold/List Diff. % 99 99 99 99 99 98 97 97 97 96 98 97 97 97 97
Sold/Orig LP Diff. % 98 98 97 97 97 96 96 95 95 94 95 95 96 94 93
Days on Market 63 55 56 74 64 56 99 74 85 93 71 84 85 97 99
Avg CDOM 82 81 66 86 81 61 119 94 143 148 130 124 157 135 142
Median Price 672 770 630 735 698 628 655 683 630 576 630 625 660 610 636

NWMLS Area 510 (Mercer Island)

510_june_2008_2

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 114 127 139 140 153 161 150 120 97 120 158 148 178 185 196
Sold 22 29 36 40 32 18 19 12 27 12 7 19 21 20 20
Pended 23 32 38 34 20 19 11 24 19 9 11 29 21 17 25
Months of Inventory based on Closed Sales 5.2 4.4 3.9 3.5 4.8 8.9 7.9 10.0 3.6 10.0 22.6 7.8 8.5 9.3 9.8
Months of Inventory based on Pended Sales 5.0 4.0 3.7 4.1 7.7 8.5 13.6 5.0 5.1 13.3 14.4 5.1 8.5 10.9 7.8
Avg. Active Price 3265 3131 3023 2960 2775 2662 2690 3075 3304 2908 2314 2336 2259 2211 2138
Avg. Sld Price 1239 1593 1390 1320 1327 1977 1270 1476 1285 1144 1832 2050 1448 1504 1400
Avg. Sq. Ft. Price 363 506 455 412 432 555 425 406 433 347 588 558 453 454 412
Sold/List Diff. % 97 96 97 99 97 96 95 97 93 97 96 95 94 97 94
Sold/Orig LP Diff. % 96 96 97 96 96 95 90 93 87 88 91 93 92 95 92
Days on Market 37 58 44 55 43 62 86 104 84 90 51 75 87 92 70
Avg CDOM 53 89 62 51 77 93 87 140 138 139 117 137 167 139 98
Median Price 1174 1100 1200 1120 928 1025 950 1272 1090 859 785 1280 1010 1202 1090

*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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