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November 16, 2006

Seattle, WA Market Update for October 2006

Here are the latest real estate market statistics for Seattle, WA. These numbers represent single family homes and condo sales only. The percentage of homes on the market where the asking price has been reduced *: 32.9%

Average September 2006 October 2006 % Change
Asking Price $466,713 $479,813 2.8%
Sales Price $464,865 $477,443 2.7%
% of Asking Price 100% 100% 0.0%
$/SQFT $282 $283 0.4%
Days on Market 64 60 -6.3%
Total Transactions 971 914 -5.9%

As of 11/7/2006: All numbers are from the MLS and are deemed reliable but not guaranteed. * Market numbers as of 11/6/2006: 2,966 properties on the market with 975 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

Search for Seattle, WA homes and condos for sale.  Read more about the area of Downtown Seattle, view neighborhoods in North Seattle, review the community overview of South Seattle and browse a profile of West Seattle, WA.

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