September, 2016 MTD
Year Rank (Multiple Items)
Current Year Month Parell Year Month Match?Yes
MARKET UPDATE
4,0914,290
3,685
4,068
2,788
1,781 1,709
1,478
1,0041,173
716 779978
681 748888
1,062 1,071 1,106 1,142
5.75.5
3.8
6.0
3.7
2.0
1.61.4
0.91.0
0 mo.
1 mo.
2 mo.
3 mo.
4 mo.
5 mo.
6 mo.
7 mo.
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
5,000
2007 2008 2009 2010 2011 2012 2013 2014 2015 09/16
Active, Pending, & Months Supply of Inventory
Active Listings MTD
Pending Sales MTD
Months of Inventory
$399,950 $400,000$376,000 $387,500
$362,000 $370,000
$419,925$452,000
$507,500
$580,000
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
2007 2008 2009 2010 2011 2012 2013 2014 2015 09/16
0% -6% 3% -7% 2% 13% 8% 12% 14%
Data Current Through: September, 2016
Created by Windermere Real Estate/East Inc. using NWMLS data, but information was not verified or published by NWMLS.
Median Closed Sales Price for Current Month Closings
September, 2016 MTD
Seattle (NWMLS Areas: 140, 380, 385, 390, 700, 701, 705, 710) Summary
RESIDENTIAL & CONDOMINIUM
September, 2016 MTD
September MTD
MARKET UPDATE
17,548 17,479
15,145 15,216
12,217
10,713
12,05612,405 12,183
12,501
11,458
8,344
6,513
7,6196,989
7,877
9,606 9,762
10,70011,040
65%
48%43%
50%
57%
74%
80% 79%
88% 88%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
20,000
Sep, 2007 Sep, 2008 Sep, 2009 Sep, 2010 Sep, 2011 Sep, 2012 Sep, 2013 Sep, 2014 Sep, 2015 Sep, 2016
What Are The Odds of Selling?
New Listings (Trailing 12 Mo.) Closed Sales (Trailing 12 Mo.) Closed Vs. New Listings
Data Current Through: September, 2016
Created by Windermere Real Estate/East Inc. using NWMLS data, but information was not verified or published by NWMLS.
Seattle (NWMLS Areas: 140, 380, 385, 390, 700, 701, 705, 710) Summary
RESIDENTIAL & CONDOMINIUM
11,937
9,0918,754
9,391 9,211
10,540
11,850 11,985
12,82012,317
11,458
8,344
6,513
7,619
6,989
7,877
9,606 9,762
10,70011,040
4 %
8 %
26 %
19 %
24 %25 %
19 % 19 %
17 %
10 %
0%
5%
10%
15%
20%
25%
30%
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
Sep, 2007 Sep, 2008 Sep, 2009 Sep, 2010 Sep, 2011 Sep, 2012 Sep, 2013 Sep, 2014 Sep, 2015 Sep, 2016
Percentage of Pending Sales that do not Close
Pending Sales (Trailing 12 Mo.) Closed Sales (Trailing 12 Mo.) Closed Vs. Pending Listings
MARKET UPDATE Data Current Through: September, 2016
% Sold Above List Price
42%
450
SOLD ABOVE LIST PRICE (Current Month)
5%
% Above List Price
MEDIAN
9
Average Days
Properties
% Sold At List Price
28%
301
SOLD AT LIST PRICE (Current Month)
36
Average Days
Properties
% Sold Below List Price
13%
139
SOLD BELOW LIST PRICE (Current Month)
% Below List Price
MEDIAN
Average Days
-2% 25Properties
% Sold With Price Change
18%
194
PRICE CHANGE BEFORE SALE (Current Month)
61
Average Days
Properties
Created by Windermere Real Estate/East Inc. using NWMLS data, but information was not verified or published by NWMLS.
Seattle (NWMLS Areas: 140, 380, 385, 390, 700, 701, 705, 710) Summary RESIDENTIAL & CONDOMINIUM
Area Area
2016 2015 2016 2015
100 2.2 1.7 530 0.7 1.0
110 1.4 1.5 540 1.0 1.1
120 1.4 1.3 550 1.0 1.2
130 1.4 1.3 560 1.0 1.2
140 1.0 0.9 600 0.9 1.2
300 1.8 1.7 610 1.1 1.8
310 1.3 1.6 700 1.2 1.2
320 1.6 1.5 705 0.8 0.6
330 1.3 1.2 710 0.8 0.7
340 1.3 1.3 715 1.1 0.8
350 1.4 1.2 720 0.9 1.1
360 1.8 1.9 730 1.0 1.2
380 1.1 1.0 740 1.3 1.5
385 1.0 0.6 750 1.4 2.1
390 1.3 1.3 760 1.7 2.0
500 1.3 1.3 770 1.8 1.6
510 2.6 1.7 800 2.1 3.3
520 2.3 2.0
Months
Inventory
Months
Inventory
MARKET UPDATE Data Current Through: September, 2016
0 - 3 3 - 6 6+SELLER'S
ADVANTAGE
BALANCED
ADVANTAGE
BUYER'S
ADVANTAGE
770
760
750740
610
730
600
550
540
560
520530
705 710
320
300
310
100
110
120 330
340
350 500
390700
140385
380
510
360130
800
Arlington
Marysville
Monroe
Edmonds Mountlake
Terrace
Woodinville
RedmondKirkland
BellevueSammamish
North
Bend
Renton
Burien
Kent
AuburnFederal Way
Enumclaw
Puyallup
Tacoma
Seattle
715 720
3 YEARS AGO
Created by Windermere Real Estate/East Inc. using NWMLS data, but information was not verified or published by NWMLS.
2 YEARS AGO 1 YEAR AGO
770
760
750740
610
730
600
550
540
560
520 530
705 710
320
300
310
100
110
120 330
340
350 500
390700
140385
380
510
360130
800
Arlington
Marysville
Monroe
Edmonds Mountlake
Woodinville
RedmondKirkland
BellevueSammamish
North
Bend
Renton
Burien
Kent
AuburnFederal Way
Enumclaw
Puyallup
Tacoma
Seattle
715 720
770
760
750740
610
730
600
550
540
560
520 530
705 710
320
300
310
100
110
120 330
340
350 500
390700
140385
380
510
360130
800
Arlington
Marysville
Monroe
Edmonds Mountlake
Woodinville
RedmondKirkland
BellevueSammamish
North
Bend
Renton
Burien
Kent
AuburnFederal Way
Enumclaw
Puyallup
Tacoma
Seattle
715 720
770
760
750740
610
730
600
550
540
560
520 530
705 710
320
300
310
100
110
120 330
340
350 500
390700
140385
380
510
360130
800
Arlington
Marysville
Monroe
Edmonds Mountlake
Woodinville
RedmondKirkland
BellevueSammamish
North
Bend
Renton
Burien
Kent
AuburnFederal Way
Enumclaw
Puyallup
Tacoma
Seattle
715 720
Months
Supply
of
Inventory
•
CURRENT
MONTH
•KING &
SNOHOMISH
COUNTY
•Residential &
Condominium
King CountyMedian
Price
Rate
30-Year-Fixed
P&I
Principal & Interest
Market
Time
(DOM)
Median SP
to Original
LP %
Median SP
to Last
LP %
Total
Units% of Total
September, 2016 $580,000 3.46% $2,592 < 15 100.9% 100.9% 757 69.8%
September, 2015 $507,500 3.90% $2,393 15 - 30 98.6% 100.0% 151 13.9%
-$72,500 0.44%$198
31 - 60 96.0% 98.4% 83 7.7%
$2,381
61 - 90 92.8% 97.5% 44 4.1%
90+ 100.0% 100.0% 49 4.5%
Totals 1,084 100.0%
Per Year
Per Month
MARKET UPDATE Data Current Through: September, 2016
King County Annual Average Residential Closed Sales Price (with interest rate in bars)
Monthly Payments (principle + interest) based on average price and interest rate
Appreciation Trend Line
represents Seattle Consumer PRice Index: all items, all urban consumers
10.3
%
10.1
%
9.3
%
8.4
%
7.3
%
8.4
%
7.9
%
7.8
%
7.6
%
6.9
%
7.4
%
8.1
%
7.0
%
6.5
%
5.8
%
5.8
%
5.9
%
6.4
%
6.3
%
6.0
%
5.0
%
4.7
%
4.5
%
3.7
%
4.0
%
4.2
%
3.9
%
3.5
%
$1,275 $1,587
$1,466
$1,389
$1,271
$1,485
$1,477
$1,518
$1,626
$1,714 $1,995 $2,312
$2,144
$2,151
$2,078
$2,302 $2,695
$3,244
$3,509
$3,172
$2,459
$2,398
$2,136
$2,020 $2,357 $2,642
$2,747
$2,901
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
Created by Windermere Real Estate/East Inc. using NWMLS data, but information was not verified or published by NWMLS.
Sales Price to List Price
based on Market Time
The Cost of
Waiting a Year
Monthly Payments Vs. Appreciation Trendline
King County (RESIDENTIAL ONLY)
RESIDENTIAL & CONDOMINIUM
Seattle
RESIDENTIAL & CONDOMINIUM
Seattle
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DECMTD %
Change
YTD
Summary
YTD %
Change
2016 # of Active Listings 613 651 712 864 837 852 994 938 1,173 17% 848 AVG -2%
# of Pending Transactions 649 867 1,144 1,149 1,367 1,273 1,140 1,205 1,142 3% 9,936 YTD -4%
Months Supply of Inventory 0.9 0.8 0.6 0.8 0.6 0.7 0.9 0.8 1.0 13% 0.8 AVG 1%
# of Closed Sales 502 608 813 952 1,027 1,263 1,171 1,169 1,074 11% 8,579 YTD 4%
Median Closed Price 538,500 554,225 552,000 564,300 579,000 585,000 599,000 599,000 580,000 14% 577,148 WA 15%
2015 # of Active Listings 755 797 803 854 898 873 890 915 1,004 933 663 438 -32% 865 AVG -32%
# of Pending Transactions 783 855 1,214 1,424 1,336 1,336 1,204 1,102 1,106 1,021 840 520 3% 10,360 YTD 8%
Months Supply of Inventory 1.0 0.9 0.7 0.6 0.7 0.7 0.7 0.8 0.9 0.9 0.8 0.8 -34% 0.8 AVG -36%
# of Closed Sales 510 539 775 958 1,099 1,181 1,189 1,011 968 959 691 811 10% 8,230 YTD 11%
Median Closed Price 464,000 442,500 489,950 494,000 499,999 516,000 517,500 536,000 507,500 493,000 515,000 550,000 12% 502,487 WA 14%
2014 # of Active Listings 1,026 1,036 1,044 1,169 1,382 1,429 1,492 1,363 1,478 1,312 1,041 749 -14% 1,269 AVG -6%
# of Pending Transactions 764 859 1,079 1,127 1,214 1,221 1,131 1,093 1,071 1,071 804 585 1% 9,559 YTD 0%
Months Supply of Inventory 1.3 1.2 1.0 1.0 1.1 1.2 1.3 1.2 1.4 1.2 1.3 1.3 -14% 1.2 AVG -5%
# of Closed Sales 510 525 783 829 961 1,008 1,006 914 877 940 742 788 2% 7,413 YTD -1%
Median Closed Price 423,500 427,000 416,000 426,000 449,250 450,000 470,000 435,000 452,000 458,725 447,475 459,500 8% 441,277 WA 7%
2013 # of Active Listings 978 1,040 1,069 1,146 1,389 1,511 1,581 1,671 1,709 1,567 1,239 960 -4% 1,344 AVG -23%
# of Pending Transactions 748 877 1,111 1,134 1,190 1,208 1,197 1,070 1,062 1,066 811 549 20% 9,597 YTD 13%
Months Supply of Inventory 1.3 1.2 1.0 1.0 1.2 1.3 1.3 1.6 1.6 1.5 1.5 1.7 -20% 1.3 AVG -33%
# of Closed Sales 521 512 726 836 1,015 967 1,054 1,032 856 917 724 708 21% 7,519 YTD 21%
Median Closed Price 356,000 377,500 409,850 409,250 415,000 420,000 430,000 425,000 419,925 429,900 424,500 420,000 13% 411,901 WA 10%
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DECAnnual
Totals
# of Active Listings 2,061 2,175 2,271 2,432 2,561 2,611 2,670 2,629 2,762 2,635 2,297 1,789 2,408 AVG
% of 12 Month Avg. 86% 90% 94% 101% 106% 108% 111% 109% 115% 109% 95% 74%
# of Pending Transactions 691 817 1,038 1,089 1,089 1,075 972 948 899 893 721 541 10,771 T
% of 12 Month Avg. 77% 91% 116% 121% 121% 120% 108% 106% 100% 99% 80% 60%
Months Supply of Inventory 3.0 2.7 2.2 2.2 2.4 2.4 2.7 2.8 3.1 3.0 3.2 3.3 2.7 AVG
% of 12 Month Avg. 109% 97% 80% 82% 86% 89% 100% 101% 112% 108% 116% 121%
# of closed units 500 508 740 782 897 952 900 856 766 778 658 655 8,992 T
% of 12 Month Avg. 67% 68% 99% 104% 120% 127% 120% 114% 102% 104% 88% 87%
RESIDENTIAL & CONDOMINIUM
Seattle (NWMLS Areas: 140, 380, 385, 390, 700, 701, 705, 710) Summary Report
MARKET UPDATE Data Current Through: September, 2016
Created by Windermere Real Estate/East Inc. using NWMLS data, but information was not verified or published by NWMLS.
AVG = Average, YTD = Year to Date, WA = Weighted Average, T = Total
MONTHLY AVERAGES BASED ON HISTORICAL DATA | 2006 - 2015
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DECMTD %
Change
YTD
Summary
YoY %
Change
2012 # of Active Listings 1,832 1,730 1,709 1,722 1,733 1,773 1,718 1,664 1,781 1,510 1,257 966 -36% 1,740 AVG -39%
# of Pending Transactions 641 891 1,071 1,069 1,097 996 927 922 888 982 746 525 19% 8,502 YTD 15%
Months Supply of Inventory 2.9 1.9 1.6 1.6 1.6 1.8 1.9 1.8 2.0 1.5 1.7 1.8 -46% 1.9 AVG -46%
# of Closed Sales 433 444 617 706 836 891 794 780 705 758 723 606 19% 6,206 YTD 15%
Median Closed Price 318,000 329,250 359,500 392,750 393,000 392,000 382,750 380,000 370,000 375,000 392,000 395,000 2% 374,146 WA 4%
2011 # of Active Listings 2,711 2,799 2,775 2,954 2,927 2,999 2,931 2,801 2,788 2,561 2,256 1,826 -31% 2,854 AVG -25%
# of Pending Transactions 635 731 928 884 944 880 813 849 748 776 683 579 10% 7,412 YTD 2%
Months Supply of Inventory 4.3 3.8 3.0 3.3 3.1 3.4 3.6 3.3 3.7 3.3 3.3 3.2 -38% 3.5 AVG -30%
# of Closed Sales 394 403 630 625 673 765 640 684 593 571 540 560 24% 5,407 YTD -2%
Median Closed Price 363,500 347,500 357,500 361,000 365,000 353,500 365,000 350,050 362,000 343,000 325,000 339,000 -7% 358,403 WA -6%
2010 # of Active Listings 2,973 3,297 3,659 3,960 3,999 4,076 4,227 4,171 4,068 3,788 3,321 2,611 10% 3,826 AVG 5%
# of Pending Transactions 657 817 1,109 1,257 703 714 652 661 681 706 596 497 -30% 7,251 YTD -1%
Months Supply of Inventory 4.5 4.0 3.3 3.2 5.7 5.7 6.5 6.3 6.0 5.4 5.6 5.3 59% 5.0 AVG 6%
# of Closed Sales 459 429 704 705 808 771 642 533 477 527 476 579 -33% 5,528 YTD 8%
Median Closed Price 390,000 371,500 361,500 385,000 385,000 371,000 411,250 384,985 387,500 385,000 372,250 365,000 3% 382,685 WA 3%
2009 # of Active Listings 3,220 3,555 3,641 3,670 3,716 3,667 3,788 3,697 3,685 3,599 3,169 2,553 -14% 3,627 AVG -12%
# of Pending Transactions 485 517 700 900 971 989 869 904 978 951 633 556 26% 7,313 YTD 4%
Months Supply of Inventory 6.6 6.9 5.2 4.1 3.8 3.7 4.4 4.1 3.8 3.8 5.0 4.6 -32% 4.7 AVG -11%
# of Closed Sales 342 320 435 462 606 787 777 689 710 777 705 609 9% 5,128 YTD -16%
Median Closed Price 380,000 359,475 350,000 369,975 375,000 385,000 364,900 375,000 376,000 378,500 366,000 375,000 -6% 371,934 WA -10%
2008 # of Active Listings 3,426 3,650 3,935 4,321 4,588 4,388 4,366 4,228 4,290 4,128 3,777 3,082 5% 4,132 AVG 39%
# of Pending Transactions 584 755 824 809 836 889 792 765 779 578 477 386 9% 7,033 YTD -25%
Months Supply of Inventory 5.9 4.8 4.8 5.3 5.5 4.9 5.5 5.5 5.5 7.1 7.9 8.0 -4% 5.3 AVG 77%
# of Closed Sales 480 565 733 712 767 791 735 673 653 589 409 387 -26% 6,109 YTD -31%
Median Closed Price 403,475 414,250 425,000 415,000 425,000 425,000 412,500 399,000 400,000 375,000 382,500 420,000 0% 414,108 WA -1%
2007 # of Active Listings 2,086 2,223 2,442 2,737 3,061 3,314 3,428 3,465 4,091 4,197 3,776 2,963 50% 2,983 AVG 50%
# of Pending Transactions 754 967 1,160 1,186 1,308 1,253 1,087 958 716 786 743 529 -25% 9,389 YTD -4%
Months Supply of Inventory 2.8 2.3 2.1 2.3 2.3 2.6 3.2 3.6 5.7 5.3 5.1 5.6 101% 3.0 AVG 60%
# of Closed Sales 704 654 1,010 1,060 1,209 1,191 1,112 1,059 878 830 710 695 -6% 8,877 YTD 3%
Median Closed Price 379,990 405,000 418,000 429,995 425,000 431,000 427,453 439,000 399,950 396,250 405,000 416,950 0% 420,062 WA 4%
2006 # of Active Listings 1,602 1,619 1,631 1,790 1,914 2,082 2,279 2,316 2,721 2,750 2,472 1,738 30% 1,995 AVG 9%
# of Pending Transactions 857 897 1,179 1,096 1,293 1,264 1,045 1,156 959 989 874 685 -13% 9,746 YTD -4%
Months Supply of Inventory 1.9 1.8 1.4 1.6 1.5 1.6 2.2 2.0 2.8 2.8 2.8 2.5 50% 1.9 AVG 13%
# of Closed Sales 650 684 991 929 996 1,167 1,048 1,184 938 910 864 807 -16% 8,587 YTD -8%
Median Closed Price 376,995 380,000 407,000 410,000 415,000 415,000 420,000 405,000 400,000 420,000 425,000 420,000 4% 405,464 WA 12%
RESIDENTIAL & CONDOMINIUM
Seattle (NWMLS Areas: 140, 380, 385, 390, 700, 701, 705, 710) Summary Report
MARKET UPDATE Data Current Through: September, 2016
Created by Windermere Real Estate/East Inc. using NWMLS data, but information was not verified or published by NWMLS.
AVG = Average, YTD = Year to Date, WA = Weighted Average