2014 Seattle-Eastside Condo Report

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MERCER ISLAND 206.232.0446 weeklypropertyreport.com 2014 CONDO REPORT | Greater Seattle-Eastside

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The 2013 Condo Report contains information on condo sales by neighborhood for the entire Seattle-Eastside region. The data includes average prices; typical size, bedroom count and age of condo buildings in each area; the number of units sold annually and the average cost per square foot. It is an invaluable resource to utilize in your condo search.

Transcript of 2014 Seattle-Eastside Condo Report

MERCER ISLAND206.232.0446 weeklypropertyreport.com

2014 CONDO REPORT | Greater Seattle-Eastside

West Seattle Studio 1 Bedroom 2 Bedrooms 3+ BedroomsNumber Sold 8 75 128 24

Average Sale Price $234,450 $221,867 $328,573 $559,740Average Sq Ft 997 682 1,086 1,822

Average Cost Per Sq Ft $235 $325 $303 $307

Lecshi, Mt Baker, Seward Park Studio 1 Bedroom 2 Bedrooms 3+ BedroomsNumber Sold 2 8 8 5

Average Sale Price $70,750 $163,363 $196,238 $270,200Average Sq Ft 270 678 852 1,676

Average Cost Per Sq Ft $263 $241 $230 $161

SODO, Beacon Hill Studio 1 Bedroom 2 Bedrooms 3+ BedroomsNumber Sold 0 5 26 4

Average Sale Price - $212,130 $230,492 $288,850Average Sq Ft - 769 1,044 1,557

Average Cost Per Sq Ft - $276 $221 $186

Madison Park, Capitol Hill Studio 1 Bedroom 2 Bedrooms 3+ BedroomsNumber Sold 41 302 221 21

Average Sale Price $191,919 $278,561 $453,606 $787,600Average Sq Ft 489 678 1,087 1,824

Average Cost Per Sq Ft $392 $411 $417 $432

Queen Anne, Magnolia Studio 1 Bedroom 2 Bedrooms 3+ BedroomsNumber Sold 18 197 220 21

Average Sale Price $199,400 $257,990 $423,426 $839,430Average Sq Ft 455 700 1,128 2,120

Average Cost Per Sq Ft $438 $368 $375 $396

Downtown Seattle/Belltown Studio 1 Bedroom 2 Bedrooms 3+ BedroomsNumber Sold 44 291 173 11

Average Sale Price $220,447 $388,846 $945,588 $1,465,727Average Sq Ft 475 790 1,429 2,039

Average Cost Per Sq Ft $464 $492 $662 $719

Ballard, Greenlake, Greenwood Studio 1 Bedroom 2 Bedrooms 3+ BedroomsNumber Sold 23 169 228 22

Average Sale Price $155,765 $223,050 $327,383 $549,222Average Sq Ft 430 664 1,013 1,524

Average Cost Per Sq Ft $362 $336 $323 $360

North Seattle Studio 1 Bedroom 2 Bedrooms 3+ BedroomsNumber Sold 5 71 117 20

Average Sale Price $168,600 $177,995 $245,154 $422,348Average Sq Ft 581 711 1,132 1,627

Average Cost Per Sq Ft $290 $250 $217 $260

Richmond Beach, Shoreline Studio 1 Bedroom 2 Bedrooms 3+ BedroomsNumber Sold 0 15 47 16

Average Sale Price - $94,983 $217,121 $283,434Average Sq Ft - 607 1,134 1,536

Average Cost Per Sq Ft - $156 $191 $185

THE CONDO REPORT I 2014

©2011-2015 Windermere Real Estate/Mercer Island. Data prepared by Windermere Real Estate/Mercer Island. For questions or comments, email [email protected].

WeeklyPropertyReport.com │ Residential and condominium data for Greater Seattle and the Eastside

800 1,000 1,200 1,400 1,600

West SeattleLecshi, Mt Baker, Seward

SODO, Beacon HillMadison Park, Capitol Hill

Queen Anne, MagnoliaDowntown/Belltown

Ballard, GreenlakeNorth Seattle

Richmond, ShorelineEast Side-South of I-90

Mercer IslandBellevue-West of 405Bellevue-East of 405

East Lake SammamishRedmond, CarnationKirkland-Bridle TrailsJuanita, Woodinville

Average 2 Bdrm Sq Ft

$0 $200 $400 $600 $800

West SeattleLecshi, Mt Baker, Seward

SODO, Beacon HillMadison Park, Capitol Hill

Queen Anne, MagnoliaDowntown/Belltown

Ballard, GreenlakeNorth Seattle

Richmond, ShorelineEast Side-South of I-90

Mercer IslandBellevue-West of 405Bellevue-East of 405

East Lake SammamishRedmond, CarnationKirkland-Bridle TrailsJuanita, Woodinville

Average Cost Per Sq Ft

East Side-South of I-90 Studio 1 Bedroom 2 Bedrooms 3+ BedroomsNumber Sold 0 31 192 69

Average Sale Price - $169,676 $254,284 $354,097Average Sq Ft - 749 1,093 1,519

Average Cost Per Sq Ft - $226 $233 $233

Mercer Island Studio 1 Bedroom 2 Bedrooms 3+ BedroomsNumber Sold 0 8 29 6

Average Sale Price - $216,738 $463,503 $440,800Average Sq Ft - 749 1,385 1,549

Average Cost Per Sq Ft - $289 $335 $285

Bellevue-West of 405 Studio 1 Bedroom 2 Bedrooms 3+ BedroomsNumber Sold 8 61 151 33

Average Sale Price $350,250 $411,072 $621,216 $851,044Average Sq Ft 711 943 1,349 1,935

Average Cost Per Sq Ft $493 $436 $461 $440

Bellevue-East of 405 Studio 1 Bedroom 2 Bedrooms 3+ BedroomsNumber Sold 2 76 214 65

Average Sale Price $144,750 $173,332 $264,988 $363,508Average Sq Ft 512 769 1,106 1,644

Average Cost Per Sq Ft $283 $225 $240 $221

East of Lake Sammamish Studio 1 Bedroom 2 Bedrooms 3+ BedroomsNumber Sold 5 55 213 171

Average Sale Price $137,900 $169,045 $270,884 $375,914Average Sq Ft 454 814 1,246 1,639

Average Cost Per Sq Ft $304 $208 $217 $229

Redmond, Carnation Studio 1 Bedroom 2 Bedrooms 3+ BedroomsNumber Sold 0 22 134 122

Average Sale Price - $188,646 $298,797 $477,034Average Sq Ft - 762 1,173 1,851

Average Cost Per Sq Ft - $247 $255 $258

Kirkland-Bridle Trails Studio 1 Bedroom 2 Bedrooms 3+ BedroomsNumber Sold 4 70 260 95

Average Sale Price $131,500 $234,707 $443,636 $751,885Average Sq Ft 478 742 1,293 2,186

Average Cost Per Sq Ft $275 $316 $343 $344

Juanita, Woodinville Studio 1 Bedroom 2 Bedrooms 3+ BedroomsNumber Sold 0 73 309 75

Average Sale Price - $130,252 $205,001 $332,550Average Sq Ft - 707 1,052 1,739

Average Cost Per Sq Ft - $184 $195 $191

Lake Forest Park, Kenmore Studio 1 Bedroom 2 Bedrooms 3+ BedroomsNumber Sold 4 12 46 19

Average Sale Price $57,725 $115,083 $187,174 $437,701Average Sq Ft 419 702 1,055 2,076

Average Cost Per Sq Ft $138 $164 $177 $211

GREATER SEATTLE-EASTSIDE REGION

©2011-2015 Windermere Real Estate/Mercer Island. Data prepared by Windermere Real Estate/Mercer Island. For questions or comments, email [email protected].

WeeklyPropertyReport.com │ Residential and condominium data for Greater Seattle and the Eastside

1970 1980 1990 2000

West SeattleLecshi, Mt Baker, Seward

SODO, Beacon HillMadison Park, Capitol Hill

Queen Anne, MagnoliaDowntown/Belltown

Ballard, GreenlakeNorth Seattle

Richmond, ShorelineEast Side-South of I-90

Mercer IslandBellevue-West of 405Bellevue-East of 405

East Lake SammamishRedmond, CarnationKirkland-Bridle TrailsJuanita, Woodinville

Average Year Built

0 200 400 600 800

West SeattleLecshi, Mt Baker, Seward

SODO, Beacon HillMadison Park, Capitol Hill

Queen Anne, MagnoliaDowntown/Belltown

Ballard, GreenlakeNorth Seattle

Richmond, ShorelineEast Side-South of I-90

Mercer IslandBellevue-West of 405Bellevue-East of 405

East Lake SammamishRedmond, CarnationKirkland-Bridle TrailsJuanita, Woodinville

Total Number of Sales

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Data prepared and analyzed by Windermere Real Estate/Mercer Island from NWMLS provided data. For questions or comments, email Julie Barrows at [email protected]. ©2012-2015 Windermere Real Estate/Mercer Island

AT-A-GLANCE | Average Sale Price

Neighborhood Studio 1 Bedroom 2 Bedrooms 3+ Bedrooms

West Seattle $234,450 $221,867 $328,573 $559,740

Lecshi, Mt Baker, Seward Park $70,750 $163,363 $196,238 $270,200

SODO, Beacon Hill - $212,130 $230,492 $288,850

Madison Park, Capitol Hill $191,919 $278,561 $453,606 $787,600

Queen Anne, Magnolia $199,400 $257,990 $423,426 $839,430

Downtown Seattle/Belltown $220,447 $388,846 $945,588 $1,465,727

Ballard, Greenlake, Greenwood $155,765 $223,050 $327,383 $549,222

North Seattle $168,600 $177,995 $245,154 $422,348

Richmond Beach, Shoreline - $94,983 $217,121 $283,434

East Side-South of I-90 - $169,676 $254,284 $354,097

Mercer Island - $216,738 $463,503 $440,800

Bellevue-West of 405 $350,250 $411,072 $621,216 $851,044

Bellevue-East of 405 $144,750 $173,332 $264,988 $363,508

East of Lake Sammamish $137,900 $169,045 $270,884 $375,914

Redmond, Carnation - $188,646 $298,797 $477,034

Kirkland-Bridle Trails $131,500 $234,707 $443,636 $751,885

Juanita, Woodinville - $130,252 $205,001 $332,550

Lake Forest Park, Kenmore $57,725 $115,083 $187,174 $437,701

Lowest $/Sq Ft Lake Forest Park, Kenmore

Highest $/Sq Ft Downtown Seattle, Belltown

Smallest Size Lecshi, Mt Baker, Seward Park

Largest Size Downtown Seattle, Belltown

Most Studios Downtown Seattle, Belltown

Most 3+ Bedrooms East of Lake Sammamish

Fewest Condos Sold Lecshi, Mt Baker, Seward Park

Most Condos Sold Madison Park, Capitol Hill

Newest Avg Year Built East of Lake Sammamish

Oldest Avg Year Built Madison Park, Capitol Hill

QUICK 2014 FACTS