capitol hill/central seattle SINGLE-FAMILY HOME - NOVEMBER 2 0 2 4
MONTHS OF INVENTORY 1.2 SELLERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 10% VS 2023
▲ 15% VS 2023
▲ 7% VS 2023
▲ 58% VS 2023
There were 61 single-family home listings in Capitol Hill/Central Seattle in November, 27% below October and 7% higher than November 2023. November single-family home sales remained the same month-over-month, at 52, and were 58% above November 2023. The months of inventory for single-family home in Capitol Hill/Central Seattle, at 1.2, reflected a sellers' market. The single-family home median price in November was $1,505,000, a 7% increase from October and 15% above November 2023. The average sold price was $1,703,026, 11% above last month and up 10% to November 2023.
THIS MONTH No.
PREVIOUS MONTH No.
PREVIOUS YEAR
No.
% Change
% Change
TOTAL INVENTORY TOTAL SALES MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE
52 61
33 57
10% 15% -32% 58% 7%
52 83
11% 7% -27% 0% -27%
$1,703,026 $1,505,000 1.2
$1,536,101 $1,402,810 1.6
$1,547,497 $1,310,000 1.7
▶ MEDIAN DAYS ON MARKET
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
96
93
52
85
83
49
86
78
57
61 52
54
52
51
63
51
50
47
35
39
33
43
40
37
33
33
31
23
19
$1.85M
$1.68M $1.70M
$1.53M $1.55M $1.46M $1.48M $1.44M
$1.40M $1.51M
$1.34M
$1.31M
$1.09M
Nov-23
Oct-24
Nov-24
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET < 4
BALANCED 4 - 6
BUYERS' MARKET 6+
● SALES ● TOTAL INVENTORY ● MONTHS OF INVENTORY
4.0
15
2.3
10
1.8
1.1
1.0
0.9
5
0.5
0.2
0
<$1M
$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M-2.99M $3.0M-3.99M $4.0M-4.99M $5.0M-5.99M
$6.0M+
MOI INVENTORY SALES
9 16 1.8
10 2 0.2
7 8 1.1
11 6 0.5
7 6 0.9
4 4 1.0
3 7 2.3
1 4 4.0
0 2 n/a
0 6 n/a
Information and statistics derived from Northwest Multiple Listing Service. Copyright © 2024 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 December 9, 2024. 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. 19 ●
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