Sellers had a 13.6% chance of selling a condo on Seattle’s Eastside in June of 2008. ( click on 2008 year to date statistics in the link above for a chart showing the condo report)
June, 2008 1427 condos for sale, 194 condos sold, 13.6% chance of selling.
May, 2008 1472 condos for sale, 211 condos sold, 14% chance of selling.
June, 2007
The chances of selling a home on the Eastside in June 2008 ranged from a low of 9.5% to a high of 23.2%, with an average 15.2% absorption rate. (The absorption rate is the number of homes for sale in any given month divided by the actual number of homes sold that month.)
Here are the real estate statistics for single family home sales activity [...]
Hold on! Could it actually be sunny on the Fourth of July? Could it be great weather to celebrate the outdoors? It could be wonderful. But now I’m hearing it could be damp and rainy. I’m heading to my 23rd Fourth of July in the Seattle area and have seen more cool and damp holidays [...]
My dear readers, may I present to you my pièce de résistance! Two weeks in the making, 3 days in the production room, and I even learned how to use real editing software that I had to pay for (Magix Movie Edit Pro 12). All in an effort to properly bring you my China experience.
This video captures all (well, almost all) my adventures in China, from everyday scenes in Harbin, to dining, working
The Seafair Marathon is crossing the 520 bridge with most of the route on the eastside of Seattle this year for the first time. This Sunday, the 29th, the marathon begins at 7 AM in Husky Stadium and treats the runners to fabulous views of Lake Washington as they run across the bridge to the eastside [...]
Sellers had a 14% chance of selling a condo on Seattle’s Eastside in May of 2008. ( click on 2008 year to date statistics in the link above for a chart showing the condo report)
May, 2008 1472 condos for sale, 211 condos sold, 14% chance of selling.
April, 2008 1392 condos for sale, 222 condos sold, 15.9% chance of selling.
May, 2007
The chances of selling a home on the Eastside in May 2008 ranged from a low of 7.3% to a high of 21%, with an average 12% absorption rate. (The absorption rate is the number of homes for sale in any given month divided by the actual number of homes sold that month.)
Here are the real estate statistics for single family home sales activity [...]
Since the late 1980’s the Eastside of Seattle has exploded with development. Within the last few years, we’ve entered a completely new phase of development impacting many of the Eastside cities. Bellevue, Redmond, Issaquah, and Bothell are all undergoing big changes.
Here’s a list of some of the changes you will see on the Eastside. Much [...]
Sellers had a 15.9% chance of selling a condo on Seattle’s Eastside in April of 2008. ( click on 2008 year to date statistics in the link above for a chart showing the condo report)
April, 2008 1392 condos for sale, 222 condos sold, 15.9% chance of selling.
March, 2008 1277 condos for sale, 208 condos sold, 16% chance of selling.
April, 2007
The chances of selling a home on the Eastside in April 2008 ranged from a low of 8.46% to a high of 19%, with an average 12.8% absorption rate. (The absorption rate is the number of homes for sale in any given month divided by the actual number of homes sold that month.)
Here are the real estate statistics for single family home sales activity [...]
REMOND - A fatal single-car accident closed Avondale Road this morning during rush hour. According to police the accident occurred around 3 a.m. The vehicle was going southbound on Avondale Way when it crashed into a tree. The driver was the only person in the car and was found dead when officials arrived. For more victim information, car accident news, personal injury statistics, car accident statistics, personal injury news, studies, and more visit our car accidents practice area page.
Sellers had a 16% chance of selling a condo on Seattle’s Eastside in March of 2008. ( click on 2008 year to date statistics in the link above for a chart showing the condo report)
March, 2008 1277 condos for sale, 208 condos sold, 16% chance of selling.
February, 2008 1230 condos for sale, 140 condos sold, 11% chance of selling.
March, 2007 [...]
The chances of selling a home on the Eastside in March 2008 ranged from a low of 7.26% to a high of 21%, with an average 13.5% absorption rate. (The absorption rate is the number of homes for sale in any given month divided by the actual number of homes sold that month.)
Here are the real estate statistics for single family home sales activity [...]
Making the journey up the 110 and off at Glendale on the 101 late last night puts me in Echo Park on the soft, blue couch of a good friend’s house. A late night editing last night merited a toasty “everything” bagel with hard, but wonderfully tasty refrigerated butter [...]
Concerned about what could be happening on the BNSF rail line that runs along Lake Washington through the eastside cities of Renton, Bellevue, Kirkland, Redmond, and Woodinville? You should be.
I’ve written a lot of pieces about the trails and rails on my Kirkland blogand watched it evolve over the last few years. We’ve gone from [...]
Gorgeous, gorgeous, The Bravern is one of the premier condominium towers being built on Seattle’s Eastside. The Bravern is at the corner of NE 8th and 112th Ave NE, perhaps the new luxury corner of downtown Bellevue? Comprised of residential condominium towers, an office complex, and luxury shops anchored by Neiman Marcus and Jimmy Choo, The [...]
Sellers had a 14% chance of selling a condo on Seattle’s Eastside in February of 2008. ( click on 2008 year to date statistics in the link above for a chart showing the condo report)
February, 2008 1230 condos for sale, 140 condos sold, 11% chance of selling.
January, 2008 1059 condos for sale, 149 condos sold, 14% chance of selling.
February, 2007 515 [...]
The chances of selling a home on the Eastside in February 2008 ranged from a low of 9% to a high of 16.4%, with an average of a 13.7% absorption rate. (The absorption rate is the number of homes for sale in any given month divided by the actual number of homes sold that month.)
Here are the real estate statistics for single family home [...]
I report on real estate statistics on this blog all the time, but this post is about a different set of statistics.
The stats from the Seattle Times article today which is entitled, Euthanasia Cut Nearly in Half at King County Animal Shelters caught my interest. Adoptions have been going well and the euthanasia rate is down to [...]
Several opportunities to learn about disaster preparedness are coming your way, courtesy of the cities of Sammamish, Bellevue, and Kirkland.
The City of Sammamish is sponsoring a class on March 10th and on March 17th to learn about disaster preparedness. The Eastside Business Journal reported on the upcoming class. Here’s the basics as reported in the Eastside Business [...]
What are your top 10 reasons to live in the Seattle or on the Eastside? What are your fave 10? I read a post this morning about the Ten Reasons People Move to Seattle from the BINC blog. Pretty interesting list. I think most of the reasons listed in the post fit either Seattle or the Eastside.
Here’s my [...]
Here’s what you can buy in a new glass condo tower in Brooklyn and on the Eastside of Seattle.
On my way back from Inman News Real Estate Connect, I sat next to John who makes a monthly commute from NYC to Seattle meetings at The Cancer Care Alliance. John and I had a long talk [...]
Here are the condo stats for January, 2008.
Sellers had a 14% chance of selling a condo on Seattle’s Eastside in January of 2008. ( click on 2008 year to date statistics in the link above for a chart showing the condo report)
January, 2008 1059 condos for sale, 149 condos sold, 14% chance of selling.
December, 2007 949 condos for sale, 135 condos sold, 14% [...]
The chances of selling a home on the Eastside in January 2008 ranged from a low of 7% to a high of 15.8%, with an average of a 11.6% absorption rate. Here are the real estate statistics for single family home sales activity on Seattle’s Eastside:
January, 2008 2963 homes available, 346 sold, 11.6% chance of selling.
December, 2007 2594 homes available, 295 sold, [...]
I took a moment to read yesterday’s Seattle Times. In The Eastside section, Ashley Bach reported on Sound Transit’s interest in the BNSF rail line. It sounds as if Sound Transit is very interested in the eastside’s BNSF rail line now that Proposition One has been defeated.
So, it’s hard to know where we are [...]
On Thursday morning, the Bellevue Chamber of Commerce presented the Eastside Economic Forecast Breakfast at the Meydenbauer Center. There were several hundred attendees from all over the Puget Sound area. The presentation consisted of an overview of the current economic picture by Chris Falco, the Chairman of the Bellevue Chamber followed by presentation by each of the three members of the panel. The panel members were:
Joseph Quinlan - global economist - currently with Bank of America
Kristina Hudson- Business Development Manager for the Interactive Media and Technology cluster at EnterpriseSeattle
Glen Hiemstra - Futurist.com founder and owner
Overview
Chris presented a lot of information fairly quickly, so my notes are sparse. Fortunately, most of the statistics presented can be seen in two PDF files that you can download from the Bellevue Chamber. The two documents are: Eastside Economic Indicators Hot Sheet and the Eastside Economic Forecast Breakfast Survey Result
On Thursday morning, the Bellevue Chamber of Commerce presented the Eastside Economic Forecast Breakfast at the Meydenbauer Center. There were several hundred attendees from all over the Puget Sound area. The presentation consisted of an overview of the current economic picture by Chris Falco, the Chairman of the Bellevue Chamber followed by presentation by each [...]
For three days each descend, hundreds of artists who live or act in Vancouver’s artist-dense Eastside unclose their studios to the public for the Eastside tillage Crawl. The occurrence incorporates artists in almost every field—from weavers, furniture makers and jewelers, to painters, photographers and sculptors—and features emerging artists like fountain like names that are recognizable on the world stage. This is a big time to behold a alment of act in a short amount of time, like fountain like to talk to people about their creations and techniques all within the intimate setting of their workspace. (Read the full post about ‘Vancouver Eastside Culture Crawl’…)
1:50 pm - Sign Plantings and Hello/Good byes
Signs are placed and directing interested parties to the Team366 Real Estate Chat: Eastside Edition. For those keeping score, this chat is being held at 2827 Bellwood, Ann Arbor.
As I pulled into the drive the homeowners were packing up the kids and dogs. We exchanged a few pleasantries about the recent success/demise of U of M football and they vacated the premises for two hours.
From the photos taken today, you can see this home is a delight to hold open! Sunlight and late summer breezes are the capstones today.
2:18 pm - Eric and Stacy
For those doubters in the A2 Cyberland, or SE Michigan Cyberland, that anyone shows up to Real Estate Chats or open houses these days….Look! I found a couple! Eric and Stacy were kind enough to let me photograph them as pictorial evidence that people still do walk through homes on Sunday afternoons.
Eric’s smile,
A plein air oil painting done in the impressionist tradition. At 11"x14" it is a little larger than I usually work, but done from my yard so easy to deal with transporting, etc.The palette includes cad lemon, raw sienna, burnt sienna, ultramarine blue, napthol red and quick dry white. the support is a linen covered panel i made myself, and is one of my favorite supports. available for purchase thru paypal at 160.00 plus $15.00 for shipping.Thanks for looking at my work!
Sarah J. Mueller
1:45 PM - Sign Planting
Planted signs at the two most direct paths to 2827 Bellwood. By 1:50 pm, had pulled into the drive and planted two signs on either side of the drive. Already had two guests following me to the Chat!
2:05 pm - Cookies sure look good!
First two guests have left and the plate of cookies kindly left by the owners sure look good! Guests were interested in the property and were originally on their way to check out a development wide open house in The Village.
Located in the heart of where Redmond, Bellevue and Kirkland meet is the community of Bridle Trails. In its heart is an Eastside gem, Bridle Trails State Park. Not generally well known outside of the Bridle Trails community, this one of a kind 500 acre park boasts over 28 miles of equestrian/pedestrian trails in a deeply forested urban setting.
Close by Bridle Trails residences have a unique rural feel in the heart of the Eastside suburbia. Most lots are at least an acre in size and many of the properties support a horse or two with a barn.
Bridle Trails State Park, however is facing some challenges. It's designated a State Park, but it's not financially self sufficient. The State Legislature has steadily decreased funding for Parks over the past 20 years and Bridle Trails State Park is on the State's list of the next 10 parks to close.
Concerned citizens have created a foundation called the Bridle Trails Park Foundation and are creatively raising
Hot off the press...the new Utilities page is up and running. Click on the "utilities" button on the right hand side of the page to find all of the numbers you'll ever want for your Western Washington utilities needs. It is broken down by Eastside area utilities, Seattle area utilities and Other area utilities. We'll get you to the people that will hook you up....just don't blame us for the bills!
Click here to check it out!
By Greg Perry
Here's the January numbers for Eastside condos. Touch these charts and you may pull your finger back with a burn! Condos continue to maintain their hot pace in the market as they represent the entry level price for Eastside real estate. For the last few years, entry level condos have achieved a a higher rate of appreciation than any sector in the Eastside real estate market. Recently I sold a No. Kirkland 1 bedroom condo that a client purchased in 2005 for $100,000. After just under $10,000 in improvements, sold it for $180,000 after 14 months of ownership!There just isn't enough of them!
Look at the 3 year slide in number of units available! Like the residential graph, Eastside condo inventory did swell some, and like the residential side, dropped dramatically as the 2006 turned into 2007.
You will notice a noticeable drop in the median price of the the Pending inventory. We'll need to watch that. It could mean a slow down in the upper end condos. It
By Greg Perry
In January, the numbers for Eastside real estate were revealing. These charts show the history for the Eastside, starting in January 2003. These numbers are for residential Eatside real estate only (no condos). The first graph charts the median price of the PENDING inventory and the available ACTIVE inventory: (click on graphs to expand)
You should notice a general down trend in available inventory over the years, however, the the middle months in 2006 starting in April, started to swell some in inventory. Inventory dropped in Oct/Nov/Dec. Look what happens every year at the end of December, first of January.
The next Eastside real estate graph charts the Pending sales and the market absorption rate measured in months of inventory. You'll notice that the we had more ACTIVE inventory and fewer PENDINGS, so the months of inventory rose as the year went on (adding an additional 2 months supply of inventory which means longer market times).
We're poised for an
Written by Greg Perry
The January Eastside real estate stats are in. Some of these numbers may surprise a few people. The statistics are for Residential and Condos in MLS areas 500 (South of I-90 through Issaquah), 510 (Mercer Island), 520 (Bellevue west of I405), 530 (Bellevue east of I405), 540 (Sammamish Plateau), 550 (Redmond through Carnation), 560 (Kirkland and Bridle Trails), and area 600 (No. Kirkland-Woodinville-Duvall).
In January 2006, there were 4834 practicing real estate agents on the Eastside, in 2007 we had 5208, in increase of 374 agents.
In January 2007, the number of ACTIVE listings was greater(2402) than 2006 (2031), but fewer than 2005 (2652).
The ACTIVE inventory median prices jumped from $561,442 in 2006 to $585,072.
The months of inventory available was barely off the all time low of 2.7 months last year to only 3 months of inventory this year.
Market stats compiled by Windermere RE EAST form MLS information. Click on the chart below to enlarge.
