Seattle rennie review - May 2022

seattle

RESIDENTIAL - APRIL 2022

AVERAGE PRICE

AVERAGE PSF PRICE

MEDIAN PRICE

HOMES FOR SALE

CLOSED SALES

MONTHS OF INVENTORY

MARKET SUMMARY ›

18 % DOWN

15 % UP

28 % DOWN

15 % UP

-

0.6

The number of residential homes for sale in Seattle in April, at 480, was 47% higher month-over-month and 28% lower year-over-year. With 787 in April, residential closed sales were 2% lower month-over-month, and 18% lower year-over-year. There was 0.6 months of inventory for residential homes in April, reflecting seller’s market conditions. The median sold price in April was $995,000, 4% above March, and 15% higher vs April 2021. The average sold price was $1,184,459, 3% higher than last month and 15% higher than April 2021.

VS 2021

VS 2021

VS 2021

VS 2021

VS 2021

SELLERS’

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RATIO OF MEDIAN PRICES ›

HISTORICAL TREND ›

CLOSED SALES

HOMES FOR SALE

MEDIAN PRICE



 





 



































$SU

0DU

$SU

HOMES FOR SALE & CLOSED SALES BY PRICE RANGE ›

CLOSED SALES

HOMES FOR SALE

MONTHS OF INVENTORY

    

  

















 

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Copyright © 2021 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of May 10, 2022. All data from Northwest Multiple Listing Serivce & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 6

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