Q2 Report Sarah&Susan

QUARTERLY REPORT The Wall Street Group Seattle Metro LiveLoveOwnSeattle.com LiveLoveOwnSeattle.com is the Windermere Wall Street Group’s new website that encompasses all we do in our beautiful city. You will find current, relevant and engaging content including: market reports, neighborhood profiles, exciting places/events around 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