
As you can see on the RTS report, Seattle 98105 is coming back strong and the trend is upward. This is an interesting and dense part of town with a lot of vintage old Seattle homes. Sales prices in this area are higher than most of the surrounding areas. It also includes the private neighborhood of Windermere, which is very exclusive. You’ll find a lot of iconic northwest owner names here that are very much a part of local history.
About half the homes here are 1.5 and 2 story and were built on average in the 1930’s. Most of them have basements and many of them have wonderful views of the Montlake Cut (flowing into Lake Union) and Lake Washington. Zip code 98105 includes the University of Washington campus (and District), University Village, and the Laurelhurst neighborhood.
You’ll see in the RTS below that the Windermere homes are huge, averaging 3990 square feet, with 4 bedrooms, 3 baths, most of them built around 1950. Also note the average lot size here is a little over twice that of other home in the zip code. There are 237 homes in Windermere. I removed the 18 homes on Lake Washington waterfront so we didn’t skew the stats... these homes have recent sales of $3.9 million to $7.8 million.
| Residential Transaction Study | 8/24/2009 |
| Project description: Seattle WA 98105 (non-waterfront) single family dwellings | |
| monthly market | Most recent transaction: 8/18/2009 | Market (homes): 5773 |
| month | year | sales | mrkt% | $/sqft | avg price | median |
| Aug | 2009 | 11 | 0.2% | $293 | $787,577 | $510,500 |
| Jul | 2009 | 23 | 0.4% | $289 | $785,371 | $599,000 |
| Jun | 2009 | 33 | 0.6% | $263 | $656,220 | $615,000 |
| May | 2009 | 13 | 0.2% | $260 | $683,765 | $515,000 |
| Apr | 2009 | 14 | 0.2% | $257 | $617,514 | $542,475 |
| Mar | 2009 | 4 | 0.1% | $228 | $705,000 | $747,500 |
| property characteristics |
| 1 story | 2274 | w/ bsmt | 5,234 | platted | 5,566 |
| 1.5 story | 1867 | avg bsmt sqft | 994 | avg lot sqft1 | 5,452 |
| 2 story | 1474 | w/ garage | 1,050 | unplatted | 207 |
| 3+ story | 31 | avg garage sqft | 314 | avg lot sqft2 | 6,978 |
| avg % imprvd | 45% | avg year built | 1933 | avg bldg sqft | 2,555 |
| avg # beds | 3 | avg # baths | 2 |
| 1avg lot sqft of all platted properties | 2avg lot sqft of all unplatted properties | |
| The data used in this report is deemed reliable, but not guaranteed. Ticor Title cannot be held responsible for any inaccuracies. © 2004-2009 Ticor Title Renton WA 98057 |
| Residential Transaction Study | 8/24/2009 |
| Project description: Windermere, Unrec... Seattle 98105 | |
| monthly market | Most recent transaction: 8/18/2009 | Market (homes): 217 |
| month | year | sales | mrkt% | $/sqft | avg price | median |
| Aug | 2009 | 1 | 0.5% | $402 | $900,000 | $900,000 |
| Jul | 2009 | 1 | 0.5% | $515 | $3,510,000 | $3,510,000 |
| Jun | 2009 | 1 | 0.5% | $253 | $1,115,000 | $1,115,000 |
| May | 2009 | |||||
| Apr | 2009 | 1 | 0.5% | $550 | $885,000 | $885,000 |
| Mar | 2009 |
| property characteristics |
| 1 story | 119 | w/ bsmt | 186 | platted | 217 |
| 1.5 story | 19 | avg bsmt sqft | 1,493 | avg lot sqft1 | 13,712 |
| 2 story | 77 | w/ garage | 125 | unplatted | |
| 3+ story | 1 | avg garage sqft | 480 | avg lot sqft2 | |
| avg % imprvd | 55% | avg year built | 1952 | avg bldg sqft | 3,990 |
| avg # beds | 4 | avg # baths | 3 |
| 1avg lot sqft of all platted properties | 2avg lot sqft of all unplatted properties | |
| The data used in this report is deemed reliable, but not guaranteed. Ticor Title cannot be held responsible for any inaccuracies. © 2004-2009 Ticor Title Renton WA 98057 |
| Residential Transaction Study | 8/23/2009 |
| Project description: Renton WA 98057 - Condominiums | |
| yearly market | Most recent transaction: 8/10/2009 | Market (homes): 457 |
| year | sales | mrkt% | $/sqft | avg price | median |
| 2009 | 8 | 2% | $168 | $159,159 | $153,975 |
| 2008 | 11 | 2% | $246 | $204,143 | $218,900 |
| 2007 | 71 | 16% | $300 | $229,795 | $223,900 |
| 2006 | 38 | 8% | $209 | $186,226 | $185,000 |
| 2005 | 104 | 23% | $195 | $173,497 | $169,945 |
| 2004 | 23 | 5% | $152 | $148,443 | $153,950 |
| The data used in this report is deemed reliable, but not guaranteed. Ticor Title cannot be held responsible for any inaccuracies. © 2004-2009 Ticor Title Renton WA 98057 |
| Residential Transaction Study | 8/23/2009 |
| Project description: Renton WA 98057 (non-waterfront) single family dwellings | |
| monthly market | Most recent transaction: 8/12/2009 | Market (homes): 1650 |
| month | year | sales | mrkt% | $/sqft | avg price | median |
| Aug | 2009 | 2 | 0.1% | $148 | $442,000 | $442,000 |
| Jul | 2009 | 7 | 0.4% | $156 | $361,243 | $425,000 |
| Jun | 2009 | 4 | 0.2% | $134 | $273,112 | $261,750 |
| May | 2009 | 9 | 0.5% | $124 | $272,896 | $235,000 |
| Apr | 2009 | 4 | 0.2% | $147 | $425,517 | $471,034 |
| Mar | 2009 | 2 | 0.1% | $180 | $276,500 | $276,500 |
| property characteristics |
| 1 story | 1009 | w/ bsmt | 1,018 | platted | 1,553 |
| 1.5 story | 353 | avg bsmt sqft | 952 | avg lot sqft1 | 7,788 |
| 2 story | 277 | w/ garage | 398 | unplatted | 97 |
| 3+ story | 1 | avg garage sqft | 460 | avg lot sqft2 | 10,842 |
| avg % imprvd | 61% | avg year built | 1947 | avg bldg sqft | 1,994 |
| avg # beds | 3 | avg # baths | 2 |
| 1avg lot sqft of all platted properties | 2avg lot sqft of all unplatted properties | |
| The data used in this report is deemed reliable, but not guaranteed. Ticor Title cannot be held responsible for any inaccuracies. © 2004-2009 Ticor Title Renton WA 98057 |
I love the visual you get when you observe the life cycle of a dandelion.
It perfectly demonstrates a very important aspect of social media marketing.
The asynchronous conversation.

Regardless if you blog, tweet, facebook, or email, you are participating in asynchronous conversation.
When we participate online in communities (like Active Rain) by joining in the conversation we’re very much like the dandelion. A seed of thought occurs and takes root. The idea grows and blossoms into a conversation we articulate to the community. Like the single dandelion blossom that randomly scatters its hundreds of seeds to wherever the wind shall take them, our conversations online do likewise.
This is very different from the conversation we have that I may or may not remember from yesterday, last week, or last month by phone or in person. As time forgives no one, that conversation died the moment I forgot.
The asynchronous online conversation, however, is like the ubiquitous dandelion seeds cast upon the electronic breeze that is cyberspace. They quietly reside dormant in the search engine index until the right conditions exist and they are called upon. We don’t know exactly when, where, or how that will happen. Yet we do know if Google, Bing, and Yahoo consider that seed on topic and a relevant conversation from an authority on the subject, they will deliver that seed right up and the dandelion will blossom once again. It only takes one seed to start the whole amazing cycle over again.
That is why online communication is such a powerful medium. When we have topical online conversation we create dynamic opportunity. When we search online we are finding the dandelion seeds of the asynchronous conversation that are waiting for us.
René Fabre is well known for his innovative marketing programs. He is a sought after speaker and motivator known for his knowledge, keen interest, and insightful approach to contemporary marketing ideas and technologies. His obvious passion for the subject is well known and contagious. He frequently gives workshops and round table conversations on Internet Marketing, Social Media Marketing, and Lead Generation.
| Residential Transaction Study | 8/21/2009 |
| Project description: Renton, WA - Condominiums | |
| yearly market | Most recent transaction: 8/14/2009 | Market (homes): 4215 |
| year | sales | mrkt% | $/sqft | avg price | median |
| 2009 | 86 | 2% | $169 | $175,531 | $161,000 |
| 2008 | 212 | 5% | $196 | $209,131 | $202,000 |
| 2007 | 405 | 10% | $225 | $218,670 | $210,000 |
| 2006 | 444 | 11% | $191 | $191,278 | $180,000 |
| 2005 | 515 | 12% | $168 | $167,173 | $164,900 |
| 2004 | 321 | 8% | $145 | $150,516 | $149,490 |
| market by assessed value ranges |
| Assessed Value Range | # | mrkt % | last 12mo | avg sale $ | median sale $ |
| $50,000-$99,999 | 82 | 2% | 5 | $87,500 | $87,500 |
| $100,000-$149,999 | 1,134 | 27% | 54 | $137,200 | $134,000 |
| $150,000-$199,999 | 1,288 | 31% | 65 | $160,925 | $158,500 |
| $200,000-$249,999 | 981 | 23% | 53 | $209,194 | $211,500 |
| $250,000-$299,999 | 469 | 11% | 29 | $227,863 | $240,000 |
| $300,000-$349,999 | 183 | 4% | 9 | $260,948 | $255,738 |
| $350,000-$399,999 | 49 | 1% | 3 | $440,000 | $440,000 |
| $400,000 and up | 11 | % | 1 | $445,000 | $445,000 |
| property characteristics |
| 1 story | 329 | avg bldg sqft | 1,029 | avg site sqft | 305,530 |
| 2 story | 1732 | avg year built | 1988 | avg % imprvd | 87% |
| 3 story | 2048 | avg # beds | 2 | w/ garage | |
| 4+ story | 98 | avg # baths | 2 | avg garage sqft |
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| The data used in this report is deemed reliable, but not guaranteed. Ticor Title cannot be held responsible for any inaccuracies. © 2004-2009 Ticor Title Renton WA 98057 |
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