Q2 Report Sarah&Susan (PDF)

QUARTERLY REPORT
The Wall Street Group

Seattle Metro

LiveLoveOwnSeattle.com

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Street Group’s new website that encompasses all we
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Seattle. We invite you to begin your journey with us
and discover how to Live. Love. Own. Seattle.

Downtown Seattle

Ds

Queen Anne

Magnolia

West Seattle

Qa

Ma

Ws

Your journey begins here...

Downtown Seattle

Queen Anne

Magnolia

West Seattle

2420 2nd Ave
Seattle, WA 98121
206.448.6400

214 W McGraw St
Seattle, WA 98119
206.283.8080

3214 W McGraw St #102
Seattle, WA 98199
206.284.8989

4526 California Ave SW
Seattle, WA 98116
206.935.7200

LIVE
LO V E
OWN
SARAH DUPUIS - 206.234.2340
SUSAN LEONARDSON - 206.909.1609
seattlehouselove@windermere.com
sleonardson@windermere.com

© Copyright 2017, Windermere Real Estate/Wall St., Inc. Statistics provided by the Northwest Multiple Listing Services
and deemed accurate but not guaranteed. If you are already working with an agent, this is not to solicit that business.

WALL STREET GROUP

LIVE
LO V E
OWN

Q2

N EI G H B OR H OOD S

SINGLE-FAMILY RESIDENCE SALES
As the 2nd quarter of 2017 closes we are beginning
to see what we hope will be a continued trend in the
Number of New Listings. The total Number of Listings
added to the Northwest Multiple Listing Service in June,
was the highest total for any single month since May
2008. While this is an encouraging trend, the levels of
inventory each month continues to lag from last year. This
continuing story of lower inventory levels is the result of
a region where far more jobs are being created than new
housing units. Recent U.S. Census Bureau data shows
Seattle is gaining approximately 1,100 residents per week.
This is an astounding number. We will be watching closely
how the combination of new listings and increased prices
dictate our trend moving into 3rd Quarter.

SEATTLE
METRO

Average Price Per Sq Ft
Median Sales Price
Number of Sales
Days on Market

Q2-2017

$800,000

$757
$605,333

Average Sale Price
Average Price Per Sq Ft
Median Sales Price
Number of Sales
Days on Market

CONDOMINIUMS

YoY%

14.72%

Q2-2016

$697,333

52

-43.48%

92

26.83%

37

6.73%

35

-15.91%

MEDIAN SALES PRICE

Coldwell Banker

9%

11 %

Q2-2016

QoQ%

$952,667

67

83.70%

$1,068,333
$488
$890,000

83

23.38%

3.62%
-2.60%
7.04%

16

-32.88%

24

-51.96%

34

Q2-2017

YoY%

RESIDENTIAL

Q2-2016

QoQ%

$367

4.60%

Median Sales Price
Number of Sales

$767,000
199

14.88%
-8.14%
-28.57%

$425

10

15.82%

John L. Scott
Keller Williams

2%

7%
6%
6%
6%

Representing Buyers

10%

5%

15%

20%

25%

30%

35%

40%

$792,000

Days on Market

$413
115

11

Q2-2017

5.70%
35.91%

$725,667
147

14

-48.28%

19

RESIDENTIAL

YoY%

Q2-2016

QoQ%

Q1-2017

Average Sale Price

$830,667

12.71%

$737,000

10.17%

$754,000

Median Sale Price

$736,000

14.17%

$644,667

8.88%

$676,000

$411

13.11%

$364

6.38%

$387

Number of Sales

779

-1.39%

790

49.33%

522

Days on Market

14

-20.75%

18

-49.40%

28

974

1.11%

963

49.49%

651

Q1-2017

$685,000

10.10%

$400
$719,333

-34.69%

16

-56.16%

24

-8.97%

$361
126

YoY%

-2.07%

Q2-2016

$569,667
$291

27.29%

$480,000

5.88%

17

80

YoY%

3.21%

MLS AREA 710

15.62%

14.42%

79

Q2-2017

QoQ%

3.17%

58.99%

RESIDENTIAL

QoQ%

14.99%
9.48%
10.22%
34.09%

-47.06%
RESIDENTIAL

Q2-2016

QoQ%

$872,000

72

Q1-2017

$596,000
$313

MLS AREA 385

Q1-2017

13.50%
12.17%

$533,333
$293

Median Sales Price
Number of Sales

$600,333
36

22.68%
0.93%

$489,333
36

8.43%
32.93%

$533,667
27

20

-22.08%

26

-53.49%

43

Median Sales Price
Number of Sales

$912,667
90

Days on Market

WEST SEATTLE
Average Sale Price
Average Price Per Sq Ft

Median Sales Price
Number of Sales
Days on Market

YoY%

Q2-2016

QoQ%

MLS AREA 390

$1,031,667

15.18%

$946,667

8.09%
-5.92%

$844,333
96

12.49%
40.63%

$811,333
64

17

-26.09%

23

-50%

34

Q2-2017

YoY%

Q2-2016

QoQ%

Q1-2017

$659,667
$357

16.14%
11.33%

$568,000
$321

14.99%
12.97%
9.49%
64.40%

$573,667
$316

$548,000
108

15

-8.16%

16

-45.12%

27

10.55%

$446

6.87%

RESIDENTIAL

$600,000
177

17.11%
5.57%

$512,333
168

921

11.5%
New Listings

Y E AR TO DATE

Q1-2017

5.69%

$493

1,098
876

59

$487,667
$278

Q2-2017

2017

34

24.13%
18.08%

$1,090,333

985

2016

$554,333

$605,333
$329

Average Sale Price

JUN E

MLS AREA 380

Average Sale Price
Average Price Per Sq Ft

RESIDENTIAL

REPORT
2017

$406

$784,667

20.30%
17.89%

18

Q1-2017

$667,667
217

Q2-2016

85%

12%

MLS AREA 705

14.70%

$685,333
$343

$611,000

45

$750,667

SEATTLE SW | Beacon Hill | SODO | Georgetown

Average Price Per Sq Ft

Q2-2017

Q2 2017 | Seattle Metro Quarterly Report

Median Sales Price

YoY%

Q1-2017

8.21%

CENTRAL SEATTLE | Capitol Hill | Central District | Madison Park

Q2 SINGLE-FAMILY RESIDENCE PERFORMANCE

New Listings

$900,000

Days on Market

NWMLS Area 140, 380, 390, 700, 705, 710

Companies not shown, represent less than 4% of Buyers and Sellers

Average PPSF

Average Sale Price

Number of Sales

Representing Sellers

6%

Redfin

Q2-2017

23%

MLS AREA 700

$1,041,667
$431
$915,333

$719,667

Median Sales Price

41

44

YoY%

12.88%

Average Sale Price
Average Price Per Sq Ft

$804
$620,667

6.27%
10.12%
4.08%

SEATTLE SE | Mt Baker | Leschi | Columbia City | Seward Park | Rainier

7%

Q1-2017

$839,333

Q2-2017

$812,333

Days on Market

MLS AREA 701

$1,107,000
$475

Average Sale Price

Number of Sales

6%

Re/Max

0%

36 %

-5.77%
-2.47%

RESIDENTIAL

NW SEATTLE | Ballard | Green Lake | Fremont | Wallingford

Average Price Per Sq Ft

37 %

-4.69%

$674
$586,000

NE SEATTLE | View Ridge | Maple Leaf | Northgate

MARKET SHARE BY COMPANY By Vo lu me

QoQ%

12.31%
3.30%

IN-CITY | Queen Anne | Magnolia

Days on Market

WINDERMERE

AVERAGE PRICE
PER SQ FT

Average Sale Price

Average Price Per Sq Ft

$736,000
$411

SEATTLE CORE | Downtown | Belltown

$461

2,889

-4.9%
Closed Sales

2016

2017

2,921
2,370

2,337

MLS AREA 140

1.1%
New Listings

-1.4%
Closed Sales

WALL STREET GROUP