Property Views: An ever-changing Seattle real estate market

Wishing you all a beautiful spring ahead.

Our year-over-year numbers in Seattle area overall indicate a 46 percent drop in active listings.  Inventory is not showing anything other than a typical seasonal rise in April, so it is likely we will continue to be in a market with about two to three weeks of inventory market wide.

By The Numbers (3/1/22-4/22/22)

Denny Blaine, Broadmoor, Washington/Madison Park 

(single family homes)

11 sold homes

Average Sales Price: $2,740,360

Average Days on Market: 7

Average Price Per Square Foot: $856

Lowest Sales Price: $620,000

Highest Sales Price: $5,795,000

There are currently 11 active properties for sale, with an average sales price of $3,356,000 and average days on market of 54 days.

There are currently 6 properties pending sale at time of print with an average list price of $3,061,667 and an average days on market of 21 days. 

Denny Blaine, Broadmoor, Washington/Madison Park

(condominiums)

6 Sold homes

Average Sales Price: $758,500

Average Days on Market: 39

Average Price per Square Foot: $793

Lowest Sales Price: $350,000

Highest Sales Price: $1,025,000

There are currently four active properties for sale, with an average sales price of 1,639,625 and average days on market of 25 days.

There are currently two properties pending sale, with an average offering price of $1,586,000, with an average days on market of 245 days.

I am honored and happy to help with anything I can in maneuvering this ever-changing and dynamic Seattle real estate market. My team and I at GBK/Compass are here to assist with the presentation of your home, thoughtful home search or just share some thoughts on where we see the market today!

Spafford Robbin, GBK/Compass   

SpaffordRobbins.com