David Edwards King County Real Estate

Updated Renton Real Estate, Newcastle Real Estate & South Bellevue Real Estate Market Statistics (As of January 28th, 2008)

MLS Area 500 (Newcastle, Bellevue South of I-90 & Issaquah South of I-90)
Single Family Homes
Average Days on Market: 99 Days (Up from 98 Last Week)
Inventory of Active Listings: 435 (Up from 426 Last Week)
Inventory of Sold Listings: 328 (Down from 353 Last Week)
54 listings are absorbed by demand each month on average. (Down from 58 as of Last Week)
8.05 Months Worth of Supply (Up from 7.24 as of Last Week)
Average List Price: $896,229 (Up from $891,671 Last Week)
Average Sale Price: $748,012 (Down from $763,849 Last Week)

Analysis of MLS Area 500 for Single Family Homes: The gap between list price and sales price has been closing for the last six months which will lead to a balanced market between buyers and sellers. This area currently favors buyers over sellers.

Condominiums
Average Days on Market: 60 Days (No change from Last Week)
Inventory of Active Listings: 119 Active Listings (Up from 108 from Last Week)
Inventory of Sold Listings: 183 (Down from 192 Last Week)
30.5 listings are absorbed by demand each month on average. (Down from 32 Last Week)
3.90 Months Worth of Supply (Up from 3.37 Last Week)
Average List Price: $332,714 (Down from $334,252 Last Week)
Average Sale Price: $307,824 (Down from $312,935 Last Week)

Analysis of MLS Area 500 for condos: Accurately priced condos are selling quickly as a result of their affordability in contrast to single family homes in the same area. This area currently favors sellers over buyers.

MLS Area 350 (Northeast Renton / Renton Highlands, Briarwood)
Single Family Homes
Average Days on Market: 95 Days (Up from 94 from Last Week)
Inventory of Active Listings: 434 Active Listings (Up from 413 Last Week)
Inventory of Sold Listings: 332 (Down from 348 Last Week)
55 listings are absorbed by demand each month on average. (Down from 58 as of Last Week)
7.89 Months Worth of Supply (Up from 7.12 Last Week)
Average List Price: $555,247 (Up from $550,387 Last Week)
Average Sale Price: $457,318 (Up from $454,601 Last Week)

Analysis of MLS Area 350 for Single Family Homes: The average days on market have been steadily inching upwards over the course of the last six months. List prices have remained consistently higher than average sale prices but average sales prices have not seen significant declines. Accurately priced homes are selling quickly and overpriced listings are driving the average days on market upwards. This area currently favors buyers over sellers.

Condominiums
Average Days on Market: 64 Days (Up from 62 Last Week)
Inventory of Active Listings: 66 Active Listings (Up from 62 last week)
Inventory of Sold Listings: 63 (Down from 73 Last Week)
10.5 listings are absorbed by demand each month on average. (Down from 12 from Last Week)
6.28 Months Worth of Supply (Up from 5.16 Last Week)
Average List Price: $258,567 (Down from $259,573 Last Week)
Average Sale Price: $229,291 (Down from $230,403 Last Week)

Analysis of MLS Area 350 for condos: Some of the most affordable condos in King County can be found in this MLS Area. Prices have not dipped significantly and this market is balanced between buyers and sellers.

MLS Area 340 (Southeast Renton / Benson Hill, Fairwood)
Single Family Homes
Average Days on Market: 86 Days (No change from 85 Last Week)
Inventory of Active Listings: 338 Active Listings (Up from 324 Last Week)
Inventory of Sold Listings: 294 (Down from 313 Last Week)
49 listings are absorbed by demand each month on average. (Down from 52 as of Last Week)
6.89 Months Worth of Supply (Up from 6.23 Last Week)
Average List Price: $435,999 (Up from $434,240 Last Week)
Average Sale Price: $384,371 (Down from $388,840 Last Week)

MLS Area 340 Analysis for Single Family Homes: This market was trailing MLS Areas 500 and 350 six months ago in terms of days on market and appreciation but has remained steady as the other areas have struggled to gain footing since the mortgage crises in August of 2007. MLS Area 340 is now balanced between buyers and sellers and appears to be holding steady in terms of days on market and average list and sale prices.

Condominiums
Average Days on Market: 70 Days (No change from Last Week)
Inventory of Active Listings: 94 Active Listings (Up from 88 Last Week)
Inventory of Sold Listings: 87 (Down from 95 Last Week)
14.5 listings are absorbed by demand each month on average. (Down from 15.83 Last Week)
6.48 Months Worth of Supply (Up from 5.56 Last Week)
Average List Price: $243,903 (Up from $243,813 Last Week)
Average Sale Price: $235,109 (Down from $235,564 Last Week)

MLS Area 340 for Condos: Just like single family homes in this area, condos are holding steady in terms of days on market, average list price and average sale price. This market is balanced between buyers and sellers.

If you are interested in statistical information for an MLS area not covered here, please respond to this post to let me know what neighborhood you live in and I will follow up with the statistics specific to your area of interest. You are also welcome to visit my website at http://www.davidjedwards.com/ where you can access my Market Snapshot research tool found on the left side of the homepage.

This information is deemed reliable but it is not guaranteed to be 100% accurate. I generated these statistics using the Northwest Multiple Listing Service. These statistics were not compiled or published by the Northwest Multiple Listing Service. The analysis of each MLS Area is based on the market statistics but is the personal opinion of the author.

David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp

David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Washington's Renton Highlands, Newcastle and South Bellevue.

Posted by David Edwards under For Buyers, For Sellers, For Realty Professionals, Regional - West, General Information, Local Events Calendar

Pacific Northwest Events Calendar Updated 01/25/2007!

As the balmy breezes give way to brisk ones, it becomes increasingly clear that winter has come upon us; and with the changing of the season, we close another chapter of events that have come to define autumns in the Pacific Northwest.

Nonetheless, when one door closes, another opens and with that, we are given an opportunity to enjoy the vast array of winter activities that are also unique to our region.

If you are looking for things to do in Renton and the surrounding area, I have updated my Local Community Events Calendar found online at:
http://www.davidjedwards.com/events-calendar.asp

There are literally hundreds of pacific northwest events on the calendar. Some of the most recent additions have been added to the pre-school programs page and are listed below.

Messy Makers

Ages 2 to 5 (with adult). Tiny fingers will have fun exploring paint, glue, glitter, feathers, and more with Ms. Sharon. You and your favorite adult should dress for a mess. All supplies included. Held at Highlands Neighborhood Center. $33 for Renton residents and $40 for non residents. Register online at http://www.cybersignup.org/ or via touch-tone phone at 425-430-6729.

#43517- Mondays: 11:15 - 11:45 AM - February 25th through March 31st

#43518- Mondays: 11:15 - 11:45 AM - April 14th through May 19th

#43520- Wednesdays: 10:45 - 11:15 AM - February 27th through April 2nd

#43521- Wednesdays: 10:45 - 11:15 AM - April 16th through May 21st

Tumble Wees

This program is designed to promote and foster self condience and self-esteme with positive motivation. We encourage both boys and girles to learn gymnastics in a positive way. We do a musical warm-up and tumble, dance, learn balance, and add to your child's strenght and flexibility. Ann is a certified gymnastics instructor. Held at Highlands Neigjhborhood Center. $60 for Renton residents and $72 for non residents. Register online at http://www.cybersignup.org/ or via touch-tone phone at 425-430-6729.

#43507- Wednesdays: 5:00 - 5:40 PM - February 27th through April 2nd - Ages 2 to 3

#43511- Wednesdays: 5:00 - 5:40 PM - April 16th through May 21st - Ages 2 to 3

#43509- Thursdays: 9:30 - 10:10 AM - February 28th through April 3rd - Ages 2 to 3

#43513- Thursdays: 9:30 - 10:10 AM - April 17th through May 22nd - Ages 2 to 3

#43508- Wednesdays: 5:45 - 6:45 PM - February 27th through April 2nd - Ages 3 to 5

#43512- Wednesdays: 5:45 - 6:25 PM - April 16th through May 21st - Ages 3 to 5

#43510- Thursdays: 10:15 - 10:55 AM - February 28th through April 3rd - Ages 3 to 5

#43514- Thursdays: 10:15 - 10:55 AM - April 17th through May 22nd

Wee Sing and Play

Miss Sharon will teach you and your child fun action songs while incorporating musical instruments, the parachute, and more! Then, the children will run, jump, and explore the indoor playground toys. Held at Highlands Neighborhood Center. $33 for Renton residents and $40 for non residents. Register online at http://www.cybersignup.org/ or via touch-tone phone at 425-430-6729.
#43526- Wednesdays: 9:30 - 10:30 AM - Feb 27th through April 2nd - Ages 18 months to 2 years
#43527- Wednesdays: 9:30 - 10:30 AM - April 16th through May 21st - Ages 18 months to 2 years
#43523- Mondays: 10:00 - 11:00 AM - Feb 25th through March 31st - Ages 2 to 4
#43524- Mondays: 10:00 - 11:00 AM - April 14th through May 19th - Ages 2 to 4

Almost 3's Preschool

Registration: 7:00 AM on Feb 26th for Renton Residents & Feb 28th for Non Residents

Designed for children who are not yet ready for a 3-year-old program but are ready for an introduction to group play, classroom skills, art experiences, and more. Class meets Tuesdays or Wednesdays from 9:30 AM to 11:30 AM and follows the Renton School District holiday schedule. Children must be 3 years old by December 31, 2008. Maximum class size is eight children. Participation is on a pre-paid monthly basis. Monthly tuition is $55 for residents and $65 for non residents. For more information call 425-430-6700.

Creative Kids Preschool

Registration: 7:00 AM on Feb 26th for Renton Residents & Feb 28th for Non Residents

The Creative Kids Preschool is held at the Renton Community Center. The preschool program features hands-on learning in a positive social environment. We provide fun-filled hours of educational experience in art, music, dramatic play, science, math, and field trips. Classes meet September 2008 through May 2009 and follow the Renton School District holiday schedule. Three-year-olds meet Tuesday and Thursday and four-year-olds meet Monday, Wednesday, and Friday. The morning classes meet from 9:15 AM to 11:45 AM and the afternoon classes meet from 12:15 PM to 2:45 PM. Children must be 3 or 4 by August 31, 2008, respectively. Participation is on a pre-paid monthly basis. Monthly tuition is $100 for residents and $65 for non residents for 3's and $110 for residents and $131 for non residents for 4's. For more information call 425-430-6700.

Toe Stomping with Tots

Ages 18 months to 3 (with adult). A structured music movement class for parents and toddlers. In each class, we will sing action songs, dance, and play instruments. This is a wonderful time for you and your child! Ms. Sherrill is a former preschool teacher. Held at Highlands Neighborhood Center. $31 for Renton residents and $37 for non Renton residents. Register online at http://www.cybersignup.org/ or via touch-tone phone at 425-430-6729.

#43529- Saturdays: 10:00 - 10:45 AM - March 1st through April 5th

#43530- Saturdays: 10:00 - 10:45 AM - April 19th through May 24th

Creation Station

At the Creation Station you and your child will create a variety of fun arts and crafts with paper, paint, glitter, and more. Activities will come from the deep blue sea to the stars in the sky. Everyone should dress for a mess. Supply fee of $5 paid to instructor. No class February 19th and April 8th. Held at North Highlands Neighborhood Center. $33 for Renton residents and $40 for non Renton residents. Register online at http://www.cybersignup.org/ or via touch-tone phone at 425-430-6729.

#43642- Tuesdays: 10:00 - 10:45 AM - March 18th through April 29th - Ages 2 to 3

#43643- Tuesdays: 10:00 - 10:45 AM - May 6th through June 10th - Ages 2 to 3

#43645- Tuesdays: 11:00 - 11:45 AM - March 18th through April 29th - Ages 3 to 4

#43646- Tuesdays: 11:00 - 11:45 AM - May 6th through June 10th - Ages 3 to 4

If you have something you would like to see added to the calendar, please submit your request by responding to this post with a comment. Please limit your event postings to those taking place in Washington State's King, Pierce, Thurston, Snohomish, Skagit, Lewis, Mason, Island, Grays Harbor and/or Kitsap counties.

Event information is subject to cancellation or change. Please phone ahead to confirm event dates, times and costs.

Have a great weekend!

David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com/
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp

David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Washington's Renton Highlands, Newcastle and South Bellevue.

Posted by David Edwards under For Buyers, For Sellers, For Realty Professionals, Regional - West, Statistics, Marketing Reports, Washington

MLS Area 500 (Newcastle, Bellevue South of I-90 & Issaquah South of I-90)
Single Family Homes
Average Days on Market: 98 Days (Down from 99 Last Week)
Inventory of Active Listings: 413 (Up from 394 Last Week)
Inventory of Sold Listings: 365 (Down from 382 Last Week)
60.83 listings are absorbed by demand each month on average. (Down from 63.66 as of Last Week)
6.78 Months Worth of Supply (Up from 6.18 as of Last Week)
Average List Price: $891,940 (Down from $893,563 Last Week)
Average Sale Price: $775,117 (Down from $776,050 Last Week)

Condominiums
Average Days on Market: 59 Days (Down from 60 Last Week)
Inventory of Active Listings: 101 Active Listings (Up from 97 from Last Week)
Inventory of Sold Listings: 194 (No change from Last Week)
32.33 listings are absorbed by demand each month on average. (No change from Last Week)
3.12 Months Worth of Supply (Up from 3.00 Last Week)
Average List Price: $336,601 (Up from $335,791 Last Week)
Average Sale Price: $316,246 (Up from $315,482 Last Week)

MLS Area 350 (Northeast Renton / Renton Highlands, Briarwood)
Single Family Homes
Average Days on Market: 94 Days (Down from 95 Last Week)
Inventory of Active Listings: 411 Active Listings (Up from 389 Last Week)
Inventory of Sold Listings: 360 (Down from 380 Last Week)
60 listings are absorbed by demand each month on average.(Down from 63 as of Last Week)
6.85 Months Worth of Supply (Up from 6.14 Last Week)
Average List Price: $550,857 (Up from $549,140 Last Week)
Average Sale Price: $455,901 (Down from $458,663 Last Week)

Condominiums
Average Days on Market: 61 Days (Down from 66 Last Week)
Inventory of Active Listings: 65 Active Listings (Up from 61 last week)
Inventory of Sold Listings: 72 (Down from 74 Last Week)
12 listings are absorbed by demand each month on average. (No change from Last Week)
5.41 Months Worth of Supply (Up from 4.94 Last Week)
Average List Price: $256,445 (Up from $253,938 Last Week)
Average Sale Price: $230,080 (Up from $227,751 Last Week)

MLS Area 340 (Southeast Renton / Benson Hill, Fairwood)
Single Family Homes
Average Days on Market: 85 Days (Up from 83 Last Week)
Inventory of Active Listings: 304 Active Listings (Down from 309 Last Week)
Inventory of Sold Listings: 322 (Up from 321 Last Week)
54 listings are absorbed by demand each month on average. (Up from 53 as of Last Week)
5.6 Months Worth of Supply (Down from 5.8 Last Week)
Average List Price: $431,449 (Up from $430,740 Last Week)
Average Sale Price: $388,214 (Down from $390,283 Last Week)

Condominiums
Average Days on Market: 68 Days (Up from 65 Last Week)
Inventory of Active Listings: 91 Active Listings (Up from 89 Last Week)
Inventory of Sold Listings: 99 (Down from 102 Last Week)
17.0 listings are absorbed by demand each month on average. (No Change from Last Week)
5.35 Months Worth of Supply (Up from 5.23 Last Week)
Average List Price: $245,352 (Down from $245,833 Last Week)
Average Sale Price: $235,309 (Down from $238,546 Last Week)

If you are interested in statistical information for an MLS area not covered here, please respond to this post to let me know what neighborhood you live in and I will follow up with the statistics specific to your area of interest. You are also welcome to visit my website at http://www.davidjedwards.com/ where you can access my Market Snapshot research tool found on the left side of the homepage.

This information is deemed reliable but it is not guaranteed to be 100% accurate. I generated these statistics using the Northwest Multiple Listing Service. These statistics were not compiled or published by the Northwest Multiple Listing Service.

David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com/
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp

David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Washington's Renton Highlands, Newcastle and South Bellevue.

Posted by David Edwards under For Buyers, For Sellers, For Realty Professionals, Regional - West, Local Events Calendar, Regional News, Renton

As the balmy breezes give way to brisk ones, it becomes increasingly clear that winter has come upon us; and with the changing of the season, we close another chapter of events that have come to define autumns in the Pacific Northwest.

Nonetheless, when one door closes, another opens and with that, we are given an opportunity to enjoy the vast array of winter activities that are also unique to our region.

If you are looking for things to do in Renton and the surrounding area, I have updated my Local Community Events Calendar found online at:
http://www.davidjedwards.com/events-calendar.asp

There are literally hundreds of pacific northwest events on the calendar. Some of the most recent additions are listed below.

Spring Into Fun! - April 14 - June 12th

Join us at your neighborhood park for Spring Into Fun 2008! Each park building and playground will be alive this spring with special activities, creative crafts, and games for kids agest 6 to 11. This free drop-in program is provided by the City of Renton The following park buildings will be open April 14th through June 12th from 4:00 to 7:00 PM, Monday Through Thursday. (Park will be open from 3:00 to 7:00 PM, Monday through Thursday.) Hours are subject to change without notice. No programs on May 26th.

Kennydale Park - 2428 Aberdeen Avenue NE

Kiwanis Park - 815 Union Avenue North

Philip Arnold Park - 720 Jones Avenue South

Teasdale Park - 601 South 23rd

Tiffany Park - 1902 Lake Youngs Way SE

Mad Science - Ages 5 to 11

Session 1 - Science Spies and Terrific Toys

Apply science to your favorite topics! See how chemistry helps detectives solve crimes, how simple machines can make cool devices like rocket cars, and how bugs can spray chemicals and camouflage themselves to evade predators!

Session 2 - Science in Action

Put science to work and see how we use potential energy in rubber band toys, physics to make art, gravity to play games, and buoyancy to study the ocean!

Kennydale Elementary School - No program January 21st, February 18th or April 7th

#43463: Mon - Jan 14th - Feb 25th - 3:50-4:50 PM - $60 Renton Residents, $75 Non Residents

#43464: Mon - March 10th - Apr 21st - 3:50-4:50 PM - $72 Renton Residents, $86 Non Residents

Talbot Hill Elementary School - No program February 21st or April 10th

#43465: Thur - Jan 17th - Feb 28th - 3:50-4:50 PM - $72 Renton Residents, $86 Non Residents

#43466: Thur - March 13th - Apr 24th - 3:50-4:50 PM - $72 Renton Residents, $86 Non Residents

Register online at http://www.cybersignup.org/ or via touch tone phone at 425-430-6729.

Highlands Neighborhood Center - 800 Edmonds Ave NE, Renton

Ages 6 and up. Come and check out the fun at North Highlands Neighborhood Center and Highlands Neighborhood Center. Many exciting recreational programs are offered the whole year through! Children are encouraged to take advantage of the various drop-in activities available free of charge. Children are allowed to come and go. Child care is not provided. Operating hours are Monday through Friday from 3:00 PM to 9:00 PM and Saturday from 11:00 AM to 5:00 PM.

Club Highlands Activities:

Monday - Arena Sports - 3:30 - 5:00 PM

Tuesday - Tournament Time - 4:00 - 5:00 PM

Wednesday - 3 on 3 Basketball - 5:00 - 7:00 PM

Thursday - Kids Create Art Club - 4:00 - 5:00 PM

Friday - Kid's Night - 6:00 - 7:00 PM

North Highlands Neighborhood Center - 3000 NE 16th, Renton

Ages 6 and up. Come and check out the fun at North Highlands Neighborhood Center and Highlands Neighborhood Center. Many exciting recreational programs are offered the whole year through! Children are encouraged to take advantage of the various drop-in activities available free of charge. Children are allowed to come and go. Child care is not provided. Operating Hours are Monday through Friday from 2:30 PM to 9:00 PM.

Club North Highlands Activities:

Monday - Group Games - 3:00 PM - 5:00 PM

Tuesday - Arts & Crafts - 3:00 PM - 5:00 PM

Wednesday - Movie of the Week (PG or G) - 3:00 PM - 5:00 PM

Thursday - Gamer's Delight - Wii or Playstation 2 - 6:00 PM - 8:00 PM

Friday - Tournament Time - 3:00 PM - 5:00 PM

If you have something you would like to see added to the calendar, please submit your request by responding to this post with a comment. Please limit your event postings to those taking place in Washington State's King, Pierce, Thurston, Snohomish, Skagit, Lewis, Mason, Island, Grays Harbor and/or Kitsap counties.

Event information is subject to cancellation or change. Please phone ahead to confirm event dates, times and costs.

Have a great weekend!
David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com/
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp

Posted by David Edwards under For Buyers, For Sellers, For Realty Professionals, Regional - West, News & Media, Regional News, Washington, Roads & Transportation

The weekend before Christmas, WSDOT crews worked to complete all three runs of pipe in the new emergency pumping system to protect I-405 from a heavy rainstorm. The pipe systems are diverting Thunder Hills Creek, which normally flows through a culvert under I-405. This culvert collapsed in the Dec. 3 rainstorm, creating the need for emergency repairs. Completing the new pumping system has allowed WDOT to open all I-405 lanes and Talbot Road to traffic again.

WDOT continues to develop a design to replace the entire 400-foot long culvert that runs 60 feet under I-405. This culvert replacement project will be difficult work on challenging terrain. They have already started communications with local businesses and government agencies about the work and potential future lane closures. Crews will begin installing the new culvert in late January or early February and be complete in spring 2008.

Here's your chance to provide input on future transportation improvements

The Puget Sound Regional Council (PSRC) wants to hear from you: What are your transportation priorities and concerns, what transportation alternatives would you like to see in the region's transportation plan , and what are your environmental concerns? This month the PSRC is hosting a series of meetings to update the region's long-range transportation plan, called Destination 2030, to keep people moving as the region grows. These public meetings offer you a chance to share your transportation views and get information on key projects in your area.

PSRC staff will be available to discuss the transportation plan at the following locations:

Seattle: Jan. 10, Noon to 2 p.m.
PSRC, 1011 Western Avenue, #500
WSDOT staff for the SR 520 Bridge Replacement and HOV Project and Alaskan Way Viaduct and Seawall Replacement Project also will be available.
Bellevue: January 15, 4 to 7 p.m.
City Hall, 450 - 110th Avenue
WSDOT staff for the I-405 Projects and SR 520 Bridge Replacement and HOV Project also will be available.