Seattle Condos Blog

News, insights, and updates about the Greater Seattle condo market.

Sept. 11, 2019

Seattle Real Estate Market Weekly Update - September 11, 2019

Seattle real estate market statistics update weeklyHere is our quick weekly update for the Seattle real estate market. These stats cover the greater Seattle metro, but individual cities and neighborhoods may be significantly different. Please contact us for a report on your local area if you're thinking of buying or selling.

Seattle Real Estate Market: 

Median Listing Price in Seattle: $685,000
Price Per Sqft in Seattle: $514
This area has 4179 homes for sale

Nearby neighborhoods:
Magnolia Listing Price: $35k - $6.6m (77 homes)
Capitol Hill Listing Price: $320k - $9.86m (114 homes)
Admiral Listing Price: $220k - $3.3m (46 homes)
High Point Listing Price: $185k - $715k (41 homes)
Wallingford Listing Price: $199k - $2.6m (56 homes)
Fremont Listing Price: $375k - $1.85m (36 homes)
Downtown Listing Price: $173k - $9.39m (47 homes)
Belltown Listing Price: $275k - $7.9m (70 homes)
East Queen Anne Listing Price: $173k - $11m (45 homes)
Ballard Listing Price: $324k - $2.88m (51 homes)

Give us a call or send us an email if you'd like more detailed information on your neighborhood, what your home's value is today, or to receive automatic emails when new listings go live in your neighborhood.

© Seattle Homes Group

New real estate listings in SeattleDetailed Seattle home searchWhat is my Seattle home worth?

Seattle Homes Group 

 Seattle Homes Group Team

The #1 Sales Team For Seattle's #1 Full Service Sale Office

Posted in Seattle Condos
Sept. 10, 2019

The most affordable place to buy a home in Washington

This was a story today on Komo News 4 that I thought you should read....


Looking for the most affordable place to buy a home in Washington
state? Then set your sights on the Eastern Washington town of Ephrata.

A new study released Monday by financial advice website SmartAsset
found that the cost of buying or owning a home in Ephrata, compared
with the average income there, is the lowest in the entire state.

While the median income in Ephrata is just over $61,000, the average
monthly mortgage payment (including homeowner's insurance and property
tax) is only $568 - a steal when compared with the average mortgage
payment of $1,731 in King County.

But if Ephrata isn't exactly your cup of tea (summertime high
temperatures there routinely reach well into the 90s or 100s and
wintertime lows can reach below zero), then the study also identified
several other towns and cities in Washington where affordable housing
can be found. Here's the breakdown:

Ephrata: Avg. closing cost $4,389 ... avg. monthly mortgage payment,
$568 ... median income, $61,284 ... affordability index, 45.02

West Richland: Avg. closing cost $5,586 ... avg. monthly mortgage
payment, $844 ... median income, $86,686 ... affordability index,
43.82

Finley: Avg. closing cost $2,617 ... avg. monthly mortgage payment,
$730 ... median income, $72,731 ... affordability index, 43.51

Union Gap: Avg. closing cost $2,723 ... avg. monthly mortgage payment,
$379 ... median income, $38,667 ... affordability index, 43.45

Hoquiam: Avg. closing cost $3,910 ... avg. monthly mortgage payment,
$368 ... median income, $40,301 ... affordability index, 43,06

Quincy: Avg. closing cost $4,265 ... avg. monthly mortgage payment,
$542 ... median income, $54,712 ... affordability index, 41.73

West Side Highway: Avg. closing cost $2,607 ... avg. monthly mortgage
payment, $716 ... median income, $67,754 ... affordability index,
40.05

Town and Country: Avg. closing cost $2,563 ... avg. monthly mortgage
payment, $658 ... median income, $61,301 ... affordability index,
39.86

Duvall: Avg. closing cost $8,929 ... avg. monthly mortgage payment,
$1,653 ... median income, $151,612 ... affordability index, 39.03

Prairie Ridge: Avg. closing cost $2,816 ... avg. monthly mortgage
payment, $866 ... median income, $78,631 ... affordability index,
38.94

Of course, if you really want to find the most affordable place to buy
a home in the U.S., then you'll have to leave Washington state. That
honor goes to Pecos, Texas, where the average monthly mortgage payment
is $208 and the median annual income is $54,967.

The second most affordable place? That would be Federal Heights,
Colo., where the average monthly mortgage payment is $182 and the
median annual income is $38,328.

Source: Komo News 4

Posted in Seattle Condos
Sept. 4, 2019

Seattle Real Estate Market Weekly Update - September 04, 2019

Seattle real estate market statistics update weeklyHere is our quick weekly update for the Seattle real estate market. These stats cover the greater Seattle metro, but individual cities and neighborhoods may be significantly different. Please contact us for a report on your local area if you're thinking of buying or selling.

Seattle Real Estate Market: 

Median Listing Price in Seattle: $685,000
Price Per Sqft in Seattle: $514
This area has 4179 homes for sale

Nearby neighborhoods:
Magnolia Listing Price: $35k - $6.6m (65 homes)
Capitol Hill Listing Price: $320k - $9.86m (102 homes)
Admiral Listing Price: $220k - $3.3m (47 homes)
High Point Listing Price: $195k - $749k (42 homes)
Wallingford Listing Price: $160k - $2.6m (53 homes)
Maple Leaf Listing Price: $285k - $1.6m (30 homes)
Downtown Listing Price: $125k - $9.39m (46 homes)
Belltown Listing Price: $275k - $7.9m (73 homes)
East Queen Anne Listing Price: $173k - $11m (34 homes)
Ballard Listing Price: $324k - $2.88m (48 homes)

Give us a call or send us an email if you'd like more detailed information on your neighborhood, what your home's value is today, or to receive automatic emails when new listings go live in your neighborhood.

© Seattle Homes Group

New real estate listings in SeattleDetailed Seattle home searchWhat is my Seattle home worth?

Seattle Homes Group 

 Seattle Homes Group Team

The #1 Sales Team For Seattle's #1 Full Service Sale Office

Posted in Seattle Condos
Aug. 30, 2019

REALTORS® Make Good Neighbors

REALTORS® advocate for homeowners all throughout our Puget sound
region. We live in Seattle and Bellevue, Burien and Everett and in
fact all over King, Pierce and Snohomish counties.. Like you, we love
our neighborhoods, parks schools and lifestyles. Call us, we're here
to help.

Aug. 30, 2019

Electronic Delivery

Aug. 29, 2019

Tsunami wave simulation for Washington State from a hypothetical magnitude 9.0 earthquake

Aug. 28, 2019

Seattle Real Estate Market Weekly Update - August 28, 2019

Seattle real estate market statistics update weeklyHere is our quick weekly update for the Seattle real estate market. These stats cover the greater Seattle metro, but individual cities and neighborhoods may be significantly different. Please contact us for a report on your local area if you're thinking of buying or selling.

Seattle Real Estate Market: 

Median Listing Price in Seattle: $686,800
Price Per Sqft in Seattle: $514, a decrease of -5% compared last year
Median Rent per Month in Seattle: $2,895

Nearby Cities: 
Medina Median Listing Price: $3,637,500
Mercer Island Median Listing Price: $1,542,500
Shoreline Median Listing Price: $557,500
Burien Median Listing Price: $500,000
Lake Forest Park Median Listing Price: $706,500
Tukwila Median Listing Price: $390,000
Kenmore Median Listing Price: $639,500
Kirkland Median Listing Price: $738,750

Give us a call or send us an email if you'd like more detailed information on your neighborhood, what your home's value is today, or to receive automatic emails when new listings go live in your neighborhood.

© Seattle Homes Group

New real estate listings in SeattleDetailed Seattle home searchWhat is my Seattle home worth?

Seattle Homes Group 

 Seattle Homes Group Team

The #1 Sales Team For Seattle's #1 Full Service Sale Office

Posted in Seattle Condos
Aug. 22, 2019

Introduction

Aug. 22, 2019

FHA Update - Carl Self, Seattle Mortgage Professor

Aug. 22, 2019

Learn how to overcome - Carl Self, Seattle Mortgage Professor