Here are some pictures of the downtown Edmonds, Washington fishing pier and marina. If you would like to have the best real estate buys e-mailed to you as soon as they come on the market, then contact David Sundquist, or visit his website www.davidsundquist.com

Here is the view of the beautiful downtown Edmonds, WA waterfront.

2011 Market Report Condos for Edmonds, Washington

2011 Market Report for Edmonds, Washington

Edmonds real estate was on a lot of peoples minds this last year. Now that the year is over we can report activity, averages and trends.

Edmonds real condo activity was slow and steady, based on the available information and the experience of the Phil Leng Team. We have sold many homes this past year, with an average market time of 49 days. Apparently our marketing gives sellers the success they're looking for.

However the overall statistics for Edmonds are sobering. Which of these two categories do you want to be in? The red category, or the green category? If you use The Phil Leng Team to sell your property this year, we will help you get into the sold category. Let's go Green!


The trend of median sold prices in Edmonds is significant. The median price appears to have diminished, except the last quarter, through 2011.


Perhaps the good news in Edmonds is that the number of new properties going for sale every month has been dropping over the last year. It looks like the trend of new listings every month is down 41%.



The average Days on Market in Edmonds has had dramatic swings, with the last quarter of 2011 being more grounded and, optimistically, a better benchmark.


If you are a serious seller and need to sell, the next graph is good news. The Months supply of inventory in Edmonds Washington has gone down. The graph shows 29% over the year, however it will not actually be by that much once the properties come on the market this spring.

Conclusion: If you are a serious seller and need to sell this next year in Edmonds, hire the Phil Leng Team. We have the experience and the track record to help you reach your real estate goals this year.

All data for this 2011 Market Report Condos for Edmonds, Washington is from the NWMLS and is their property. Accuracy has not been independently verified.

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2011 Market Report for Edmonds, Washington

2011 Market Report for Edmonds, Washington

Edmonds real estate was on a lot of peoples minds this last year. Now that the year is over we can report activity, averages and trends.

I would characterize Edmonds real estate activity as brisk and picking up based on the experience of the Phil Leng Team. We sold 68 homes this past year, with an average market time of 49 days!

However the overall statistics for Edmonds are sobering. Look at this graph. The red bar is the number of houses for sale in any given month. The Green bar is the number of houses sold in any given month. Which of these two categories would you want to be in? The red category, or the green category? If you use The Phil Leng Team to sell your property this year, we will help you get into the sold category!

The trend of median sold prices in Edmonds is slightly lower from this next graph. The median price appears to have gone down 5% through 2011.

Perhaps the good news in Edmonds is that the number of new properties going for sale every month has been dropping over the last year. It looks like the trend of new listings going for sale every month is down 14%. If you like your house, and do not need to sell it in the next 5-10 years, why put it up for sale? It is just an aggravation for you.

The average Days on Market in Edmonds appears to have been going down dramatically. The graph shows a 37% drop in days on the market. I believe that correlates with the other graphs I have presented. Perhaps folks who have tried to sell for prices the market would not bear have decided to stop trying, and the people who are selling now are serious sellers.

If you are a serious seller and need to sell, the next graph is good news. The Months supply of inventory in Edmonds Washington has gone down a lot. The graph shows 52% over the year. That may change once more properties come on the market this spring. But I believe this is a real trend as those who do not really need to sell simply defer their plans until a later time.

My pitch? If you are a serious seller and need to sell this next year in Edmonds, hire the Phil Leng Team. We have the experience and the track record to help you reach your real estate goals this year.

Disclaimer in regular size print: All data for this 2011 Market Report for Edmonds, Washington is from the NWMLS and is their property. Accuracy has not been independently verified. Statistics are a bit like humans. If you torture them long enough you can make them say anything you want them to say!

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Edmonds View Homes Sold in 2011:

Exactly 100 single family Edmonds view homes for sale have closed since 01/01/2011.

Highlights of these Edmonds view homes for sale:

High $2,072,500

Low $250,000

Median $560,000

Here is a PDF of all of the Edmonds WA Puget Sound view homes that have sold in 2011:

Edmonds View Homes sold 2011

You can see all the latest Edmonds listings from all real estate companies here:

Edmonds real estate

Do you need to find a great Edmonds WA real estate agent? Cooper Jacobs Real Estate has a long history of successful Edmonds WA homes sold. We have Edmonds Realtors who are happy to show you how to sell your Edmonds home in this market.

realestate@cooperjacobs.com