Market Trends from Around the Sound: Q3-2017

 
Third-Quarter-2017-Header.gif
 

I am proud to present a look at the housing market trends for the third quarter of 2017, from the shores of Bainbridge Island’s waterfront homes and in-city living opportunities to the Eastside’s most distinguished residences.

Seattle  |  Single Family Homes

Prices continued to exceed seller’s expectations in Q3-2017, as the median sales price reached $881,000, a sharp increase compared to last year’s average. 
View report here

Eastside  |  Residential

Despite cooling autumn temperatures, the market on the Eastside is red hot, as the region’s same-quarter sales in the third quarter of 2017 remained steady from 2016 and the days on market decreased to 18 days. 
View report here.

Bainbridge Island  |  Residential

There was lots of activity on Bainbridge Island in the third quarter of 2017, with 145 homes sold, up nearly 24% compared to this same time last year. 
View report here

 Seattle  |  Condominiums

The average sales prices for condominiums in Seattle as a whole increased by 11.6% compared to the third quarter of 2016, while the value of condos in the downtown core continues to skyrocket. 
View report here