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Eastside stats: March 2016

April 9, 2016 by Kevin

With March in the books, here are updated numbers for the Eastside:

  • No surprise – Eastside Month’s Supply is at the lowest level ever, 0.8 Residential & Condominium, 0.9 Residential only, 0.6 Condominium only.
  • Pending sales are down 10% YTD because there is no inventory to sell.
  • 49% (275) of March closings sold for more than list price. The amount over list price averaged 7.43% and the median was 6.21%.
  • 13% (72) sold at list price
  • 15% (87) sold for less than list price with no change in original list price. The amount under averaged 3.75% and the median was 2.54%
  • 23% (129) sold with a price change.

Filed Under: Stats

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Michael S. Smith, ABR®, SRES®
Windermere Real Estate
11411 NE 124th Street #110
Kirkland, WA 98034-4314
425-273-2275 (CELL)

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