King County Single Family Home Report – First Half of 2015

How does your hood stack up?  The market in Seattle continues to be a seller’s market.  King County single family residences (does not include condos) has experienced a 6% increase over 2014 year to date.  Some neighborhoods have obviously performed better than others.  For example, Ballard (98107) is up 16% over prior year with a median sales price of $607,500 up from $522,500 for same period last year.  Madison Valley/East Capitol Hill (98112) is up 14% with a median sales price of $1,050,000 for 2014.  June alone in this hood is up 37% in median sales price.  Think that Seattle Real Estate is out of control?  Ask a friend that lives in the California Bay Area, they’ll tell ya it’s CHEAP out here!!  One of the reasons they’re moving up here.  Take a look–how is your hood performing??

Single Family Residence June 2015