Seattle real estate - June, 2010 versus May, 2010

Here is an analysis of the Seattle real estate market in reported areas in June, 2010 as compared to May, 2010.

Active listings

Inventory decreased in the following areas (in percent):

18% in Queen Anne/Magnolia

2% in Northeast Seattle

1% in Mercer Island

Inventory increased in the following areas (in percent):

7% in Downtown Seattle

10% in Central/East Seattle

23% in Eastside/West Of Bellevue

No change in Northwest Seattle

Price in all areas combined increased by 1%.

In King County inventory increased by 1% and price decreased by 1%

Pending sales

Pending sales decreased in the following areas (in percent):

39% in Northeast Seattle

25% in Eastside/West Of Bellevue

Pending sales increased in the following areas (in percent):

2% in Downtown Seattle

28% in Central/East Seattle

31% in Northwest Seattle

54% in Queen Anne/Magnolia

58% in Mercer Island

Pending sales price in all reported areas combined increased by 23%.

In King County pending sales decreased by 6% and price increased by 8%.

Sales

Sales decreased in the following areas (in percent):

34% in Northeast Seattle

4% in Central/East Seattle

Sales increased in the following areas (in percent):

21% in Downtown Seattle

23% in Northwest Seattle

48% in Queen Anne/Magnolia

49% in Mercer Island

123% in Eastside/West of Bellevue

Sale price decreased in the following areas (in percent):

29% in Mercer Island

7% in Northeast Seattle

5% in Northwest Seattle

3% in Eastside/West of Bellevue

2% in Central/East Seattle

Sale price increased in the following areas (in percent):

10% in Downtown Seattle

4% in Queen Anne/Magnolia

In all areas combined sale price decreased by 1%.

In King Country sales increased by 3%; average sale price increased by 2%.

Available condos and homes in June, 2010 vs. May, 2010

Pending sales in June, 2010 vs. May, 2010

Sales in June, 2010 vs. May, 2010

Information deemed reliable but not guaranteed

Information and photos posted by Ally Wangsness, copyright © 2010. Photos and info may not be copied, reproduced and republished without the written permission of Ally Wangsness, Broker, RE/MAX Metro Realty, Inc.