seattle
RES IDENT IAL APRI L
AVERAGE PRICE
AVERAGE PSF PRICE
MEDIAN PRICE
HOMES FOR SALE
CLOSED SALES
MONTHS OF INVENTORY
MARKET SUMMARY ›
29 % DOWN
32 % DOWN
4 % UP
-
7 % UP
1.6 SELLER’S
The number of residential homes for sale in Seattle in April, at 817, were 9% higher month-over-month but 29% lower year-over-year. With 520 in April, residential closed sales were 20% lower month-over-month and 32% below last year. There was 1.6 months of inventory for residential homes in April, reflecting seller’s market conditions. The median sold price in April was $800,000, 2% above March and 7% higher vs April 2019. The average sold price was $904,938, 1.5% below the previous month but 4% higher vs April 2019.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 747 646 1.2
% Change
No.
% Change
HOMES FOR SALE
817 520 1.6
9%
1,147
-29% -32%
CLOSED SALES
-20% 36%
766 1.5
MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE
5% 7% 4%
$800,000 $782,750 $904,938 $919,144
2% $745,000 -1.5% $873,587
AVERAGE PRICE PSF
-
-
-
-
-
RATIO OF MEDIAN PRICES ›
HISTORICAL TREND ›
CLOSED SALES
HOMES FOR SALE
MEDIAN PRICE
$800,000
$745,000 $750,000 $731,250 $750,000
$700,000 $720,000
1.71
1,514
1.62
1.57
1,308
1,240
1,147
817
635
600
791
775
766
715
582
520
474
Apr-19
Mar-20
Apr-20
HOMES FOR SALE & CLOSED SALES BY PRICE RANGE ›
CLOSED SALES
HOMES FOR SALE
MONTHS OF INVENTORY
SELLER'S MARKET
BALANCED
BUYER'S MARKET
. . . 0 0 0 0 0
MONTHS OF INV. CLOSED SALES HOMES FOR SALE
Copyright © 2020 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 14, 2020. 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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