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About Seattle's Admiral

New Home Sales Post Biggest Gains Since May

Sam DeBord -  Seattle Real Estate Broker: Real Estate Agent in Seattle, WA

Sales of new homes in the U.S. rose 1.3 percent this past month, marking a positive sign for the greater real estate market. According to the U.S. Commercer Department, this is the biggest gain in the past six months. New construction is a needed component to the real estate recovery, as inventories nationwide have dipped significantly in the past year.

New home sales were up significantly in the West, with a 14.9 percent increase intotal sales for October. With a 6-month supply of homes available nationwide, and much less in parts of the Seattle market, home builders are encouraged by the recent statistics.

SeaSeattle Luxury Homes for Sale

ACCURATE REALTY GROUP WASHINGTON : Real Estate Agent in Seattle, WA


Seattle Luxury real estate means something different to each of us. If you are searching for a distinguished Seattle residence, you will quickly discover the choices are vast. Elaborate estates on secluded, secured lots in coveted golf course communities, Historic landmark homes with intricate details on finely manicured lots, architectural masterpieces of a contemporary nature with astounding city light views, can all be had, depending on your needs and desires.

Seattle real estate

When it comes to selecting Seattle properties, you will want to work with talented professionals who understand the luxury market and specific neighborhood nuances. View Seattle luxury houses from the convenience of your home and contact us for the courteous, knowledgeable assistance you deserve with all of your Seattle real estate needs.

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Seattle Luxury Homes for sale

Admiral Homes for Sale Data (Seattle)

04-20-08
Rob Graham
Rob Graham: Real Estate Agent in Seattle, WA

Admiral Homes for SaleThe following information was current as of April 20th, 2008. Neighborhoods included in this report are Admiral, North Admiral and Belvedere.

Single Family Homes Currently for Sale87
Under $500,00019
Over $1,000,00010
Lowest Priced Single Family House$299,950
Highest Priced Single Family House$3,100,000
Median Home Price$599,950
Average Days on Market99
Current Market TrendWeak Buyer's Market
Condominiums Currently for Sale4
Under $500,0004
Over $1,000,0000
Lowest Priced Condominium$210,000 Mortgage Information
Highest Priced Condominium$290,000
Avg. 30 Year Fixed5.750%
Median Condo Price$261,500 Avg. 15 Year Fixed5.250%
Average Days on Market69Avg. 3/1 ARM6.000%
Current Market TrendWeak Buyer's Market

The Admiral neighborhood continues to be a hidden jewel in Seattle's crown. Just a few minutes from downtown, yet is has the great feel of a quiet suburban neighborhood. In recent years, Admiral has undergone a bit of a face-lift and introduced more shopping without loosing its bedroom roots. It has introduced some new condominiums but as you can see, is predominantly a single family home neighborhood. While market time has gone up along with the rest of Seattle, prices are stable and the market trend is showing that buyers have only a slight advantage in the current market over sellers. All in all Admiral is a great place to buy.

As a residential real estate specialist, my focus is on finding and selling first and second homes all over the Seattle area. If you are in the market for a home or looking to sell your existing home and need help, please don't hesitate to call, click or e-mail me. I'd love to help