ballard/greenlake SINGLE-FAMILY HOME - JUNE 2 0 2 4
MONTHS OF INVENTORY 1.3 SELLERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 3% VS 2023
▲ 33% VS 2023
▼ 8% VS 2023
▼ 23% VS 2023
There were 125 single-family home listings in Ballard/Greenlake in June, 6% below May and 33% higher than June 2023. June single-family home sales decreased by 31% month-over-month, to 95, and were 23% below June 2023. The months of inventory for single-family home in Ballard/Greenlake, at 1.3, re(ected a sellers' market. The single-family home median price in June was $1,081,000, a 9% increase from May and 3% above June 2023. The average sold price was $1,103,559, 1.4% below last month and down 8% to June 2023.
THIS MONTH No. $1,103,559 $1,081,000 1.3 95 125
PREVIOUS MONTH No.
PREVIOUS YEAR
No.
% Change
% Change
TOTAL INVENTORY TOTAL SALES MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE
$1,195,563 $1,049,500 0.8 124 94
-8% 3% 74% -23% 33%
137 133
-1.4% 9% 36% -31% -6%
$1,119,494 $995,000 1.0
▶ MEDIAN DAYS ON MARKET
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
31
137
124
30
125
110
28
103
103
99
98
96
93
94
95
73
86
69
84
82
72
55
69
50
63
60
44
41
$1.16M
$1.11M
$1.08M
$1.05M $1.08M
$1.02M
$986K
$990K
$985K
$995K
$945K
$905K
$881K
Jun-23
May-24
Jun-24
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET < 4
BALANCED 4 - 6
BUYERS' MARKET 6+
● SALES ● TOTAL INVENTORY ● MONTHS OF INVENTORY
5.0
5.0
50
40
30
1.6
1.4
20
1.2
0.9
10
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
43 53 1.2
19 26 1.4
21 18 0.9
10 16 1.6
1 5 5.0
1 5 5.0
0 1 n/a
0 1 n/a
Information and statistics derived from Northwest Multiple Listing Service. Copyright © July 8, 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 July 8, 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. 7 ●
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