Market Trends: Third Quarter of 2019

Realogics Sotheby’s International Realty presents a look at the housing market trends for the third quarter of 2019, 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

Buyers truly came off the sidelines as summer turned to autumn, with the number of home sales up by nearly 8% (from 1,531 to 1,653).

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Seattle | Condominiums

As was the case in the Seattle single-family data, the condo market felt the impact of an inventory surge with a year-over-year decline in median home prices, from $480,000 to $420,000.

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Eastside | Single-Family Homes

Home prices on the Eastside remained relatively unchanged from the third quarter of 2018 to the third quarter of 2019, at $890,000 and $885,000, respectively.

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Bainbridge Island | Single-Family Homes

Single-family homes on Bainbridge Island closed out the year strong, with a median sales price of $953,000 in the final quarter of 2019—up from the previous quarter’s reported $870,000 sale price.

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