Based on Northwest Multiple Listing Service data here information about home market in reported East Central Seattle in 2011 and 2010.

Seattle neighborhoods reported: Broadmoor, Denny Blaine, Madison Park, North Capitol Hill & Washington Park.

Home sales were down in all reported neighborhoods in 2008. Sales started moving up in 3 out of 5 reported neighborhoods in 2009, were up in all neighborhoods in 2010 and up in 3 neighborhoods in 2011. In most areas sales were up in 2011 from 2007.

Change in East Central Seattle home sales

Average sale price in all reported neighborhoods combined was $1,505,357 in 2011, down 9% down from 2007

Change in East Central Seattle home average sale price

Median sale price in all reported neighborhoods combined was $1,230,595 in 2011, down 9% from 2007

Change in East Central Seattle home median sale price

As we can see reported neighborhoods were not affected by the recession as much as other Seattle areas – home sales were up in all neighborhoods in 2010 and in 3 neighborhoods in 2011. There was no change in sales in Denny Blaine in 2011 from 2010.

Average and median sale price were up in a few neighborhoods in 2010 and 2011.

Information deemed reliable but not guaranteed. 

Information and photos posted by Ally Wangsness and may not be copied, reproduced or republished without the written permission of Ally Wangsness, Broker, RE/MAX Metro Realty, Inc.

Based on Northwest Multiple Listing Service data here information about home market in reported East Central Seattle in 2011 and 2010.

Seattle neighborhoods reported: Broadmoor, Denny Blaine, Madison Park, North Capitol Hill & Washington Park.

This report includes home sales only.

127 homes sold in 2011, up 10% from 2010.

Average sale price up 2%

Median sale price up 2%

Information deemed reliable but not guaranteed.

Information and photos posted by Ally Wangsness and may not be copied, reproduced or republished without the written permission of Ally Wangsness, Broker, RE/MAX Metro Realty, Inc.

Based on Northwest Multiple Listing Service data here information about home market in reported East Central Seattle in December 2011 versus November 2011 as well as Year-To-Date sales.

Seattle neighborhoods reported: Broadmoor, Denny Blaine, Madison Park, North Capitol Hill & Washington Park.

I picked more luxury neighborhoods in the area although most East Central Seattle neighborhoods – from Leschi to Eastlake –  have many luxurious homes.

This report includes home sales only.

9 homes sold in December 2011 down 3% from November 2011.

Sales by neighborhood: Madison Park – 4 sales; North Capitol Hill & Washington Park – 2 sales in each neighborhood; Broadmoor – 1 sale. No sales in Denny Blaine in December 2011.

Average sale price up 45%

Median sale price up 38%

The increase in sale price was influenced by 250% increase in average and median sale prices in Broadmoor – from $591,250 in November to $2,070,000 in December 2011.

Sales in 2011

You will see that parts of the chart are missing. That is because there were no sales in Broadmoor in October 2011; in Denny Blaine in January, February, April, August, September & December 2011; in Madison Park in January 2011; in North Capitol Hill in February 2011 & in Washington Park in April 2011.

Highest amount of sales – 6 in North Capitol Hill in September 2011.

Home average sale price

Lowest home average sale price – $419,500 in Madison Park in February 2011

Highest home average sale price – $4,700,000 in Broadmoor in March 2011

Home median sale price

Lowest home median sale price – $419,500 in Madison Park in February 2011

Highest home median sale price – $4,700,000 in Broadmoor in March 2011

I will talk about Year-To-Date sales in 2010 and 2011 as well as sales in 2007 – 2011 in different posts.

Information deemed reliable but not guaranteed.

Information and photos posted by Ally Wangsness and may not be copied, reproduced or republished without the written permission of Ally Wangsness, Broker, RE/MAX Metro Realty, Inc.

In a previous post you saw the sales within 2007 – 2011 and sale price charts. Now let’s see how sales and sale price changed year-by-year in reported areas from a different perspective – changes in percent.

Areas reported: West Bellevue (Beaux Arts, Clyde Hill, Enatai, Hunts Point, Medina, Meydenbauer and surrounding neighborhoods) Kirkland and Mercer Island.

Home sales dropped the most in 2008 in reported Eastside areas. In all areas combined they were down 10% in 2011 from 2007.

Home sales dropped by 45% in West Bellevue in 2008, but were up 36% in 2009, 17% in 2010 and 16% in 2011. Home sales increase 3 years in a row definitely shows recovery in West Bellevue.

In Kirkland home sales were down 40% in 2008. There was no change in sales in 2009. Homes sales were up 17% in 2010 and 2011. I believe we can be optimistic about Kirkland home sales rising this year.

Home sales were down 34% on Mercer Island in 2008 and 13% in 2009, but were up 29% in 2010 and 18% in 2011. I am positive that they will keep growing this year, as well.

In West Bellevue home average sale price down 16% in 2008 and 18% in 2009. It was up 4% from 2009 in 2010 and down 9% in 2011. Home median sale price was down 18% in 2008 and 17% in 2009. It was up 1% in 2010 and down 15% in 2011. Even though home average and median sale prices were down last year, the drop was not as big as it was 2-3 years ago. Hopefully it will start picking up in 2012.

Home average sale price in Kirkland dropped by 4% in 2008, by 13% in 2009, by 1% in 2010 and by 10% in 2011. Home median sale price was down 4% in 2008, 14% in 2009, 3% in 2010 and in 2011. We will see if it starts recovering this year. Not significant drop in median sale price last year and increase in sales within last 2 years looks encouraging.

In Mercer Island home average sale price was up 5% in 2008, down 24% in 2009, up 3% in 2010 and down 5% in 2011. Home median sale price was down 5% in 2008, down 19% in 2009, down 1% in 2010 and up 1% in 2011. It was higher than median sale price in 2009 and in 2010. With sales moving up within last 2 years and median sale price improving I believe that home market on Mercer Island will start recovering this year.

Change in average sale price

Change in median sale price

Sales are moving up strongly in reported Eastside areas and I believe that the price will start picking up this year, as well. Most neighborhoods in West Bellevue, Kirkland and Mercer Island are luxury: home average sale price $1,162,244; home median sale price $816,275 (West Bellevue); home average sale price $1,070,351; home median sale price $835,000 (Mercer Island).

Information based on Northwest Multiple Listing Service data.

Information deemed reliable but not guaranteed.

Information and photos posted by Ally Wangsness and may not be copied, reproduced or republished without the written permission of Ally Wangsness, Broker, RE/MAX Metro Realty, Inc.

You saw the analysis of Seattle condo and home inventory in 2007 – 2011. What happened with home inventory in Eastside?

Areas reported: West Bellevue (Beaux Arts, Clyde Hill, Enatai, Hunts Point, Medina, Meydenbauer and surrounding neighborhoods) Kirkland and Mercer Island.

1,996 homes were available in reported areas in 2011, down 21% from 2007. Inventory was down in West Bellevue, Kirkland and Mercer Island.

Change in West Bellevue, Kirkland and Mercer Island home inventory

Average price of available homes in all reported Eastside neighborhoods combined was down 16% from 2007. Average price of available homes in West Bellevue was up 2% last year from 2007.

Change in available West Bellevue, Kirkland and Mercer Island home average price

Median price of available homes in reported Eastside neighborhoods combined was down 20% from 2007.

Change in available West Bellevue, Kirkland and Mercer Island home median price

While prices of available condos and home increased in a few Seattle areas, it did not increase in West Bellevue, Kirkland and Mercer Island. We will see what happens with the home prices in 2012.

Information about Eastside home sales will be provided in the next post.

 Information based on Northwest Multiple Listing Service data.

Information deemed reliable but not guaranteed.

Information and photos posted by Ally Wangsness and may not be copied, reproduced or republished without the written permission of Ally Wangsness, Broker, RE/MAX Metro Realty, Inc.

In previous blog posts I talked about sales in greater Seattle area. Now I would like to show what has happened to inventory.

Areas reported: Downtown Seattle, Queen Anne / Magnolia and surrounding neighborhoods (Interbay, Lake Union, Westlake), East Central Seattle (Capitol Hill, Madison Park, Madrona, Washington Park and surrounding neighborhoods), Northeast Seattle (Laurelhurst, Windermere, Hawthorne Hills, View Ridge, Bryant, Ravenna and other neighborhoods from Lake Washington to Shoreline), Northwest Seattle (Ballard, Greenlake, Wallingford, Fremont, Blue Ridge and surrounding neighborhoods).

Information in this post includes condos in Downtown Seattle and homes in other reported neighborhoods.

8,016 condos & homes were available in reported areas in 2011, down 30% from 2007. Inventory was down in all reported Seattle areas.

Change in Seattle condo & home inventory

Average price of available condos & homes in all reported Seattle neighborhoods was down 6% from 2007. Average price of available homes in East Central Seattle was up 3% from 2007 last year.

Change in available Seattle condo & home average price

Median price of available condos & homes in reported Seattle neighborhoods was down 10% from 2007. Median price of available homes in East Central Seattle was up 7% from 2007 last year.

Change in available Seattle condo & home median price

Increase in price of current inventory in most reported areas is encouraging. You may say, but sale prices were down. Yes, they were. However homes are priced by owners based on recent sales (I am talking sales within last 3 months) and pending sales. I believe that increase in listing prices shows consumer confidence in real estate market.

Information about West Bellevue, Kirkland and Mercer Island home market will be provided soon.

Information based on Northwest Multiple Listing Service data.

Information deemed reliable but not guaranteed.

Information and photos posted by Ally Wangsness and may not be copied, reproduced or republished without the written permission of Ally Wangsness, Broker, RE/MAX Metro Realty, Inc.

In a previous post you saw information about the sales within 2007 – 2011 and sale price charts. Now let’s see how sales and sale price changed year-by-year in reported areas from a different perspective – changes in percent.

Areas reported: Downtown Seattle, Queen Anne / Magnolia and surrounding neighborhoods (Interbay, Lake Union, Westlake), East Central Seattle (Capitol Hill, Madison Park, Madrona, Washington Park and surrounding neighborhoods), Northeast Seattle (Laurelhurst, Windermere, Hawthorne Hills, View Ridge, Bryant, Ravenna and other neighborhoods from Lake Washington to Shoreline), Northwest Seattle (Ballard, Greenlake, Wallingford, Fremont, Blue Ridge and surrounding neighborhoods.

Sales dropped the most in 2008 in reported Seattle areas. In all areas combined they were down 23% in 2011 from 2007.

Downtown Seattle condo market experienced the largest drop in sales in 2009 – 37%. Yet sales were up by 47% in 2010 and by 4% in 2011. It seems that sales in Downtown Seattle recovered after a big dip 2 years ago.

Sales dropped by 31% in Queen Anne, Magnolia and surrounding neighborhoods in 2008. The moved up by 17% in 2009 and by 9% in 2010, but dropped by 9% last year. We will see if sales start picking up in that area this year.

East Central Seattle home sales were down 34% in 2008, but were up 7% in 2009 and 17% in 2010. There was no change in sales in 2011. East Central Seattle was not affected by the recession as much as a few other areas.

After 28% drop in Northeast Seattle in 2008, home sales were up by 9% in 2009, down by 11% in 2010 and up by 6% in 2011. Most Northeast Seattle neighborhoods are desirable and sales will probably keep moving up this year.

Northwest Seattle is the area where home sales showed no improvement since 2008. The dropped every year: by 17% in 2008, by 5% in 2009, by 5% in 2010 and by 8% in 2011. I hope they start picking up this year.

Average and median sale prices

Downtown Seattle

Condo average sale price was up by 6% in Downtown Seattle in 2007, by 14% in 2008 and by 7% in 2009. It dropped by 20% in 2010 and by 3% in 2011. Condo median sale price was down 2% in 2008 and 2009. It was down 8% in 2010 and up 5% in 2011.

I hope that Downtown Seattle condo sale price will move up this year considering that sales are improving and inventory is shrinking.

Queen Anne, Magnolia and surrounding neighborhoods

Queen Anne, Magnolia and surrounding neighborhoods home average sale price was up 10% in 2007, down 7% in 2008 and 15% in 2009, up 3% in 2010 and down 5% in 2011. Home median sale price dropped by 5% in 2008 and by 12% in 2009 in Queen Anne, Magnolia and surrounding neighborhoods. It was up 4% in 2010 and took a 10% dip in 2011.

Even though sale price dropped in 2011 I hope it will start recovering this year.

East Central Seattle

Home average sale price dropped by 4% in 2008 and by 14% in 2009 in East Central Seattle. It was up 4% in 2010 and there was no change in 2011. East Central Seattle home median sale price was down 6% in 2008 and 20% in 2009, up 4% in 2010 and down only 2% in 2011.

I think that home sale price most likely will start moving up in 2012 in East Central Seattle.

Northeast Seattle

Northeast Seattle home average sale price was down 3% in 2008 and 10% in 2009. It was up 2% in 2010 and dropped by 7% in 2011. Home median sale price was down 5% in 2008, 10% in 2009, up 3% in 2010 and dropped by 4% in 2011.

I hope that average home sale price will start increasing in that area.

Northwest Seattle

Like in Northeast Seattle, home average sale price was down 7% in 2008 and 12% in 2009 in Northwest Seattle. It was up 3% in 2010 and dropped by 4% in 2011.Home median sale price was down 6% in 2008, 11% in 2009, up 4% in 2010 and down 4% in 2011.

The drop in sale prices was not large in Northwest Seattle in 2011 and hopefully sale price will start recovering in 2012.

Average sale price in all reported Seattle neighborhoods combined was down 16% in 2011 from 2007.

Median sale price was down 16%  from 2007 in all reported Seattle areas combined. Median sale price was up in Downtown Seattle in 2011 from 2010.

As we will see the drop in median sale price was lower than the drop in average sale price in reported Seattle areas. It was down in 2011 in 4 out of 5 reported areas, but not by much.

Average and median sale prices were up in all reported neighborhoods except for Downtown Seattle in 2010 from 2009 but dropped in 2011. It could be related to short sales and foreclosures that are most likely to influence prices although there are not as many distressed properties in reported neighborhoods as there are in other greater Seattle areas.

Median sale price was up in Downtown Seattle in 2011 from 2010 and hopefully it will keep moving up this year.

Info about Eastside sales within 2007 – 2011 will be provided in a different post.

Information based on Northwest Multiple Listing Service data.

Information deemed reliable but not guaranteed.

Information and photos posted by Ally Wangsness and may not be copied, reproduced or republished without the written permission of Ally Wangsness, Broker, RE/MAX Metro Realty, Inc.

Another year is here. It is time to see what has happened with condo & home sales and sale prices in greater Seattle area in 2007 – 2011. Yes, the prices are down from 2007. It seemed like prices started recovering in a few areas in 2010, but they dropped again last year. Later I will post charts that will show sales and sale price changes. I already posted info about Downtown, Queen Anne, Magnolia and Northeast Seattle neighborhoods. There will be additional information.

Areas reported: Downtown Seattle, Queen Anne / Magnolia and surrounding neighborhoods (Interbay, Lake Union, Westlake), East Central Seattle (Capitol Hill, Madison Park, Madrona, Washington Park and surrounding neighborhoods), Northeast Seattle (Laurelhurst, Windermere, Hawthorne Hills, View Ridge, Bryant, Ravenna and other neighborhoods from Lake Washington to Shoreline), Northwest Seattle (Ballard, Greenlake, Wallingford, Fremont, Blue Ridge and surrounding neighborhoods), West Bellevue (Clyde Hill, Medina, Beaux Arts and surrounding neighborhoods) Kirkland and Mercer Island.

Information in this post includes condos in Downtown Seattle and homes in other reported neighborhoods.

5,212 condos & homes sold in reported areas in 2011, down 18% from 2007. Sales were up 1% in West Bellevue.

Average sale price in all reported Seattle neighborhoods combined was down 16% from 2007.

Average sale price in West Bellevue, Kirkland and Mercer Island combined was down 28% from 2007.

Median sale price in reported Seattle neighborhoods combined was down 16% from 2007.

Median sale price in West Bellevue, Kirkland and Mercer Island combined was down 29% from 2007.

I know when you look at these numbers it looks discouraging, but wait until I post more info about sales and sale price changes within last 5 years.

Soon I will provide information about sales and sale price changes within last 5 years in different neighborhoods.

Information based on Northwest Multiple Listing Service data.

Information deemed reliable but not guaranteed.

Information and photos posted by Ally Wangsness and may not be copied, reproduced or republished without the written permission of Ally Wangsness, Broker, RE/MAX Metro Realty, Inc.

It seems like we just celebrated the New Year. And now it is middle of February already.  Valentine’s Day is just around the corner.

Here is the list of things to do for every taste and budget in Emerald City on Saturday, Sunday and on Valentine’s Day.

18th Annual Neighbor Appreciation Day

When: Saturday, February 11, 2012

Where: all neighborhoods

Cost: FREE

More info

Neighbor Appreciation Day Fire Station Open Houses

When: Saturday, February 11, 2012

Where: various fire stations

Cost: FREE

Northwest Flower & Garden Show – America’s second largest garden show

When: last 2 days – February 11 – 12, 2012; Saturday 9 a.m. – 8 p.m.; Sunday 9 a.m. – 6 p.m.

Where: Washington State Convention Center

Cost: visit the website

Valentine’s Brunch Cruise

When: Sunday, February 12, 2012, 11 a.m. – 1 p.m.

Where: Waterways Cruises Yacht

Cost: $62/General, $55/Senior or Military Personnel, $32/Children (ages 5 – 12), no charge for children 4 and under

More information

Sunday Brunch at the Market

When: on Sundays, January 15, 2012 – April 29, 2012

Where: Pike Place Market

Cost: whatever you choose to spend

More events:

Concerts at Benaroya Hall

Oklahoma in 5^th Avenue Theatre

A few ideas for Valentine’s Day

And, of course, there are tours!

Savor Seattle

Seattle by Foot

More events

If you want to read a book, check out my husband’s mystery novel Tainted Souls on Amazon or Smashwords.

Based on Northwest MLS data here is an update on condo & home sales in the greater Seattle area in 2011 versus 2010.

Areas reported: Downtown Seattle, Queen Anne / Magnolia and surrounding neighborhoods (Interbay, Lake Union, Westlake), East Central Seattle (Capitol Hill, Madison Park, Madrona, Washington Park and surrounding neighborhoods), Northeast Seattle (Laurelhurst, Windermere, Hawthorne Hills, View Ridge, Bryant, Ravenna and other neighborhoods from Lake Washington to Shoreline), Northwest Seattle (Ballard, Greenlake, Wallingford, Fremont, Blue Ridge and surrounding neighborhoods), West Bellevue (Clyde Hill, Medina, Beaux Arts and surrounding neighborhoods) Kirkland and Mercer Island.

Information in this post includes condos in Downtown Seattle and homes in other reported neighborhoods.

5,212 condos & homes sold reported areas in 2011, up 5% from 2010.

Average sale price was down 5% from 2010.

Median sale price was down 4%

Sales and sale price statistics for 2007 – 2001 will be provided in a different post.

Information based on Northwest Multiple Listing Service data.

Information deemed reliable but not guaranteed.

Information and photos posted by Ally Wangsness and may not be copied, reproduced or republished without the written permission of Ally Wangsness, Broker, RE/MAX Metro Realty, Inc.