Fall 2019 Neighborhood Reports
October came streaming into the Seattle area with cool breezes and a bit of rain. Time to add an outerwear layer on the way out the door! Fall is a great time to clean the closets, check the batteries in your fire detectors, and clean the gutters in preparation for our season to change.
People are back from vacation and activity has picked up in the real estate marketplace! Below, I give statistics for a few neighborhoods I specialize in: Madison Park, Broadmoor, Leschi, Clyde Hill, and Medina. If you have a specific neighborhood that is not included and is of interest to you, please contact me and I will provide sales information for you.
Madison Park
Type of Market—September 2019
Buyers Market, 12 Months of Inventory
Number of Properties on the Market, September 2019
14 (12 Single Family, 2 Condo)
Total Homes Sold—All Price Ranges, September 2019
1
Average Sales Price—All Price Ranges, September 2019
$1.5 Million
Average Price/ Square Ft—All Price Ranges, September 2019
$671
Average Days on Market—All Price Ranges, September 2019
4
Number of New Listings—All Price Ranges, September 2019
5
Broadmoor
Type of Market—September 2019
Sellers Market, 2.5 Months of Inventory
Number of Properties on the Market, September 2019
9: All Single Family
Total Homes Sold—All Price Ranges, September 2019
4
Average Sales Price—All Price Ranges, September 2019
$2 Million
Average Price/ Square Ft—All Price Ranges, September 2019
$2,305
Average Days on Market—All Price Ranges, September 2019
48
Number of New Listings—All Price Ranges, September 2019
2
Leschi
Type of Market—September 2019
Neutral Market, 5 Months of Inventory
Number of Properties on the Market, September 2019
39 (29 Single Family, 4 Condo, 6 Land/Farm)
Total Homes Sold—All Price Ranges, September 2019
6
Average Sales Price—All Price Ranges, September 2019
$1.1 Million
Average Price/ Square Ft—All Price Ranges, September 2019
$518
Number of New Listings—All Price Ranges, September 2019
8
Clyde Hill
Type of Market—September 2019
Neutral Market, 5.5 Months of Inventory
Number of Properties on the Market, September 2019
42 (39 Single Family, 3 Land/Farm)
Total Homes Sold—All Price Ranges, September 2019
7
Average Sales Price—All Price Ranges, September 2019
$3.2 Million
Average Price/ Square Ft—All Price Ranges, September 2019
$716
Average Days on Market—All Price Ranges, September 2019
128
Number of New Listings—All Price Ranges, September 2019
12
Medina
Type of Market—September 2019
Buyers Market, 31 Months of Inventory
Number of Properties on the Market, September 2019
37 (31 Single Family, 6 Land/Farm)
Total Homes Sold—All Price Ranges, September 2019
1
Average Sales Price—All Price Ranges, September 2019
$2.2 Million
Average Price/ Square Ft—All Price Ranges, September 2019
$873
Average Days on Market—All Price Ranges, September 2019
601
Number of New Listings—All Price Ranges, September 2019
8