2017 Q2 Report - jwellmanre.com · Q2 SINGLE-FAMILY RESIDENCE PERFORMANCE Average Sale Price Median...

QUARTERLY REPORTThe Wall Street Group

Downtown Seattle Queen Anne Magnolia West Seattle

L I V ELO VEO W N

Seattle Metro

Ds WsQa Ma

2420 2nd Ave Seattle, WA 98121

206.448.6400

214 W McGraw St Seattle, WA 98119

206.283.8080

3214 W McGraw St #102 Seattle, WA 98199

206.284.8989

4526 California Ave SW Seattle, WA 98116

206.935.7200

L I V ELO VEO W N

LiveLoveOwnSeattle.com is the Windermere Wall Street Group’s new website that encompasses all we

and engaging content including: market reports,

Seattle. We invite you to begin your journey with us and discover how to Live | Love | Own Seattle.

LiveLoveOwnSeattle.com

Your journey begins here...

© Copyright 2017, Windermere Real Estate/Wall St., Inc. Statistics provided by the Northwest Multiple Listing Services and deemed accurate but not guaranteed. If you are already working with an agent, this is not to solicit that business.

WALL STREET GROUP

[email protected]

LiveLoveOwnSeattle.com206.284.8989

SINGLE-FAMILY RESIDENCE SALESQ2 As the 2nd quarter of 2017 closes we are beginning to see what we hope will be a continued trend in the Number of New Listings. The total Number of Listings added to the Northwest Multiple Listing Service in June, was the highest total for any single month since May 2008. While this is an encouraging trend, the levels of inventory each month continues to lag from last year. This continuing story of lower inventory levels is the result of a region where far more jobs are being created than new housing units. Recent U.S. Census Bureau data shows Seattle is gaining approximately 1,100 residents per week. This is an astounding number. We will be watching closely how the combination of new listings and increased prices dictate our trend moving into 3rd Quarter.

SEATTLE METRO

MARKET SHARE BY COMPANY By Volume

$736,000MEDIAN SALES PRICE

$411AVERAGE PRICE

PER SQ FT

Q2 SINGLE-FAMILY RESIDENCE PERFORMANCE

Average Sale Price

Median Sale Price

Average PPSF

Number of Sales

Days on MarketNew Listings

Q2-2017 YoY% Q2-2016 QoQ% Q1-2017$830,667

$736,000

$737,00012.71%

13.11%

14.17%

-20.75%

$644,667

10.17%

49.33%

-49.40%

49.49%

$754,000

$676,000

-1.39%

NWMLS Area 140, 380, 390, 700, 705, 710Companies not shown, represent less than 4% of Buyers and Sellers

Q2 2017 | Seattle Metro Quarterly Report

SEATTLE CORE | Downtown | Belltown

Average Sale PriceAverage Price Per Sq FtMedian Sales PriceNumber of SalesDays on Market

Q2-2017 YoY% Q2-2016 QoQ% Q1-2017$800,000

$757$605,333

14.72%12.31%

3.30%-43.48%

$697,333$674

$586,0009235

-4.69%-5.77%-2.47%

26.83%-15.91%

$839,333$804

$620,6674144

IN-CITY | Queen Anne | Magnolia

Q2-2017 YoY% Q2-2016 QoQ% Q1-2017$1,107,000

$475$952,667

6.27%10.12%

4.08%23.38%

-32.88%

$1,041,667$431

$915,3336724

3.62%-2.60%7.04%

83.70%-51.96%

$1,068,333$488

$890,0004534

NW SEATTLE | Ballard | Green Lake | Fremont | Wallingford

Q2-2017 YoY% Q2-2016 QoQ% Q1-2017$812,333

$425$767,000

12.88%15.82%14.88%-8.14%

-28.57%

$719,667$367

$667,667217

8.21%4.60%5.70%

35.91%-48.28%

$750,667$406

$725,667147

NE SEATTLE | View Ridge | Maple Leaf | Northgate

Q2-2017 YoY% Q2-2016 QoQ% Q1-2017$900,000

$413$792,000

14.70%14.42%15.62%-8.97%

-34.69%

$784,667$361

$685,000126

3.21%3.17%

10.10%58.99%

-56.16%

$872,000$400

$719,3337224

Q2-2017 YoY% Q2-2016 QoQ% Q1-2017

Q2-2017 YoY% Q2-2016 QoQ% Q1-2017

$685,333$343

$611,0007918

20.30%17.89%27.29%-2.07%5.88%

$569,667$291

$480,0008017

14.99%9.48%

10.22%34.09%

-47.06%

$596,000$313

$554,3335934

SEATTLE SW | Beacon Hill | SODO | Georgetown

Q2-2017 YoY% Q2-2016 QoQ% Q1-2017

$605,333$329

$600,3333620

24.13%18.08%22.68%

0.93%-22.08%

$487,667$278

$489,3333626

13.50%12.17%

8.43%32.93%

-53.49%

$533,333$293

$533,6672743

WEST SEATTLE

Q2-2017 YoY% Q2-2016 QoQ% Q1-2017$659,667

$357$600,000

16.14%11.33%17.11%

5.57%-8.16%

$568,000$321

$512,333168

14.99%12.97%

9.49%64.40%

-45.12%

$573,667$316

$548,000108

2,370 2,337

2,9212,889

YEAR TO DATE

1.1% New Listings

-1.4% Closed Sales

20172016

921876

1,098985

11.5% New Listings

-4.9% Closed Sales

20172016

85%12%

NEIGHBORHOODS

REPORT 2017

WALL STREET GROUP

MLS AREA 701

MLS AREA 700

MLS AREA 705

MLS AREA 710

MLS AREA 380

MLS AREA 385

MLS AREA 140

CONDOMINIUMS

RESIDENTIAL

Representing SellersRepresenting Buyers

Keller Williams

John L. Scott

Re/Max

Coldwell Banker

WINDERMERE

5% 10% 15% 20% 25% 30% 35% 40%0%

37%36%

CENTRAL SEATTLE | Capitol Hill | Central District | Madison Park

$1,090,333$493

$912,6679017

5.69%10.55%

8.09%-5.92%

-26.09%

$1,031,667$446

$844,3339623

15.18%6.87%

12.49%40.63%

$946,667$461

$811,3336434

MLS AREA 390RESIDENTIAL

SINGLE-FAMILY RESIDENCE SALESQ2 As the 2nd quarter of 2017 closes we are beginning to see what we hope will be a continued trend in the Number of New Listings. The total Number of Listings added to the Northwest Multiple Listing Service in June, was the highest total for any single month since May 2008. While this is an encouraging trend, the levels of inventory each month continues to lag from last year. This continuing story of lower inventory levels is the result of a region where far more jobs are being created than new housing units. Recent U.S. Census Bureau data shows Seattle is gaining approximately 1,100 residents per week. This is an astounding number. We will be watching closely how the combination of new listings and increased prices dictate our trend moving into 3rd Quarter.

SEATTLE METRO

MARKET SHARE BY COMPANY By Volume

$736,000MEDIAN SALES PRICE

$411AVERAGE PRICE

PER SQ FT

Q2 SINGLE-FAMILY RESIDENCE PERFORMANCE

Average Sale Price

Median Sale Price

Average PPSF

Number of Sales

Days on MarketNew Listings

Q2-2017 YoY% Q2-2016 QoQ% Q1-2017$830,667

$736,000

$737,00012.71%

13.11%

14.17%

-20.75%

$644,667

10.17%

49.33%

-49.40%

49.49%

$754,000

$676,000

-1.39%

NWMLS Area 140, 380, 390, 700, 705, 710Companies not shown, represent less than 4% of Buyers and Sellers

Q2 2017 | Seattle Metro Quarterly Report

SEATTLE CORE | Downtown | Belltown

Q2-2017 YoY% Q2-2016 QoQ% Q1-2017$800,000

$757$605,333

14.72%12.31%

3.30%-43.48%

$697,333$674

$586,0009235

-4.69%-5.77%-2.47%

26.83%-15.91%

$839,333$804

$620,6674144

IN-CITY | Queen Anne | Magnolia

Q2-2017 YoY% Q2-2016 QoQ% Q1-2017$1,107,000

$475$952,667

6.27%10.12%

4.08%23.38%

-32.88%

$1,041,667$431

$915,3336724

3.62%-2.60%7.04%

83.70%-51.96%

$1,068,333$488

$890,0004534

NW SEATTLE | Ballard | Green Lake | Fremont | Wallingford

Q2-2017 YoY% Q2-2016 QoQ% Q1-2017$812,333

$425$767,000

12.88%15.82%14.88%-8.14%

-28.57%

$719,667$367

$667,667217

8.21%4.60%5.70%

35.91%-48.28%

$750,667$406

$725,667147

NE SEATTLE | View Ridge | Maple Leaf | Northgate

Q2-2017 YoY% Q2-2016 QoQ% Q1-2017$900,000

$413$792,000

14.70%14.42%15.62%-8.97%

-34.69%

$784,667$361

$685,000126

3.21%3.17%

10.10%58.99%

-56.16%

$872,000$400

$719,3337224

Q2-2017 YoY% Q2-2016 QoQ% Q1-2017

Q2-2017 YoY% Q2-2016 QoQ% Q1-2017

$685,333$343

$611,0007918

20.30%17.89%27.29%-2.07%5.88%

$569,667$291

$480,0008017

14.99%9.48%

10.22%34.09%

-47.06%

$596,000$313

$554,3335934

SEATTLE SW | Beacon Hill | SODO | Georgetown

Q2-2017 YoY% Q2-2016 QoQ% Q1-2017

$605,333$329

$600,3333620

24.13%18.08%22.68%

0.93%-22.08%

$487,667$278

$489,3333626

13.50%12.17%

8.43%32.93%

-53.49%

$533,333$293

$533,6672743

WEST SEATTLE

Q2-2017 YoY% Q2-2016 QoQ% Q1-2017$659,667

$357$600,000

16.14%11.33%17.11%

5.57%-8.16%

$568,000$321

$512,333168

14.99%12.97%

9.49%64.40%

-45.12%

$573,667$316

$548,000108

2,370 2,337

2,9212,889

YEAR TO DATE

1.1% New Listings

-1.4% Closed Sales

20172016

921876

1,098985

11.5% New Listings

-4.9% Closed Sales

20172016

85%12%

NEIGHBORHOODS

REPORT 2017

WALL STREET GROUP

MLS AREA 701

MLS AREA 700

MLS AREA 705

MLS AREA 710

MLS AREA 380

MLS AREA 385

MLS AREA 140

CONDOMINIUMS

RESIDENTIAL

Representing SellersRepresenting Buyers

Keller Williams

John L. Scott

Re/Max

Coldwell Banker

WINDERMERE

5% 10% 15% 20% 25% 30% 35% 40%0%

37%36%

CENTRAL SEATTLE | Capitol Hill | Central District | Madison Park

$1,090,333$493

$912,6679017

5.69%10.55%

8.09%-5.92%

-26.09%

$1,031,667$446

$844,3339623

15.18%6.87%

12.49%40.63%

$946,667$461

$811,3336434

MLS AREA 390RESIDENTIAL

QUARTERLY REPORTThe Wall Street Group

L I V ELO VEO W N

Seattle Metro

Ds WsQa Ma

2420 2nd Ave Seattle, WA 98121

206.448.6400

214 W McGraw St Seattle, WA 98119

206.283.8080

3214 W McGraw St #102 Seattle, WA 98199

206.284.8989

4526 California Ave SW Seattle, WA 98116

206.935.7200

L I V ELO VEO W N

LiveLoveOwnSeattle.com is the Windermere Wall Street Group’s new website that encompasses all we

and engaging content including: market reports,

Seattle. We invite you to begin your journey with us and discover how to Live | Love | Own Seattle.

LiveLoveOwnSeattle.com

Your journey begins here...

© Copyright 2017, Windermere Real Estate/Wall St., Inc. Statistics provided by the Northwest Multiple Listing Services and deemed accurate but not guaranteed. If you are already working with an agent, this is not to solicit that business.

WALL STREET GROUP

[email protected]

LiveLoveOwnSeattle.com206.284.8989

2017 Q2 Report - jwellmanre.com · Q2 SINGLE-FAMILY RESIDENCE PERFORMANCE Average Sale Price Median...

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