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Seattle Neighborhood Market Update—Reviewing June 2019

This week we are taking a look at some of Seattle’s neighborhoods and seeing what median sales prices did in a year-over-year comparison.

Note: Areas with fewer than 12 sales per month (indicated by the shaded blue) are usually not good subjects for looking at a price change trend. Stats below include residential + condos.

SEATTLE NEIGHBORHOODS: MEDIAN SALES PRICES & SOLDS

June 2018 June 2019 Change # Sales 6/19
Beacon Hill $717,500 $607,000 -15.4% 23
Bryant $761,000 $759,000 -0.3% 119
Capitol Hill $630,000 $694,950 +10.3% 43
Central District $795,000 $745,000 -6.3% 17
Downtown $967,500 $1,072,500 +10.9% 10
Fremont $683,000 $757,475 +10.9% 22
Queen Anne $950,000 $970,000 +2.1% 67
Magnolia $1,050,000 $860,000 -18.1% 43
Belltown $585,000 $503,500 -13.9% 27
Green Lake/Greenwood $750,000 $755,000 +0.7% 64
Wallingford $945,000 $734,000 -22.3% 14
Wedgwood $782,500 $800,000 +2.2% 10
Ballard $805,000 $733,725 -8.9% 58

 

Overall Seattle’s median sales price shrank by 4.5% for residential and 4.8% for condos.

If you have questions on the above or want additional information on what is happening in your Seattle neighborhood, reach out!