Mostly bearish signs for Northeast Seattle real estate This Week: The median list price in Northeast Seattle (zip code 98125) is $485,000 is down  from  from  last week’s $537,000.   The Market Action Index (see below chart) has been trending down lately, while days-on-market is climbing, providing mostly bearish signs for the market.     Check in  next week to see how the  housing market in northeast Seattle  is shaping up. Average days-on-market (DOM) 49 days down from last week’s (48) Percent of properties with price decreases 31% up from last week’s 29%.                                                                                                                    Supply and demand  The market has started cooling and prices have recently plateaued.  Since we’re in the Seller... 07/21/2014

 Strong buyer demand fuels Northeast Seattle’s real estate market This Week: The median list price in Northeast Seattle (zip code 98125) is $517,000 is up from  from  last week’s $500,000.  Inventory is tightening and days-on-market is falling.  The Market Action Index (see below MAI chart) shows demand heating up.  These are relatively bullish signs for prices.    . Real estate buyers and sellers need to understand the local market climate before jumping into the market and understand the real estate market is very dynamic.  Check in  next week to see how the  housing market in northeast Seattle  is shaping up. Average days-on-market (DOM) 44 days is down  from last week’s (54) Percent of properties with price decreases 34% is down from last week’s 40%.                                ... 06/24/2014

Northeast Seattle’s Best Breakfast Restaurant By the length of the lines this last weekend the word is out, Patty’s Eggnest Restaurant is serving up some great daily breakfast and lunch specials for the Maple Leaf, Pinehurst and Victory Heights neighborhoods of Northeast Seattle.  Sunday we had a gathering over at our house and somebody brought up Patty’s Eggnest, at least 3 others raved about it, one other neighbor said they got there around 10 AM Sunday and the wait was around 45 minutes so hunger forced them to move on.  I just picked up a weekly specials menu and I can see why they’re developing a fast word-of-mouth following.  With such favorites as carne asada breakfast burrito, pumpkin pancakes, Oktoberfest Scramble with bratwurst, onions, mushrooms and cheddar cheese.  No wonder... 10/24/2013

  Homes for sale in Seattle’s Pinehurst neighborhood  Living in Pinehurst The Pinehurst neighborhood experienced much of its growth in the 1940-1960s as the city limits started to push both the south and north boundaries further from the city’s downtown core. The Pinehurst community is located 8.2 miles from downtown Seattle with a drive time of about 15 minutes.  It has a walking score of 77.  The popularity of the Pinehurst neighborhood is due to its close proximity to downtown Seattle, the University of Washington, major medical centers, schools, restaurants & coffee shops and professional services. Pinehurst residents enjoy the time saving feature of being able to be minuets from two major shopping areas the Northgate Mall and Lake City home to one the biggest Farmers’ Markets in th... 06/21/2013

   Real estate demand increases in Northeast Seattle The median list price in northeast Seattle (zip code 98125) is $354,750  is unchanged from the  previous week’s  $354,750.   Demand measured by Market Action Index (MAI see chart below) is increasing  and days-on-market is trending downward.  Even as more properties come available, these are positive trends for the market.   Check in  next week to see how the housing market in northeast Seattle  is shaping up. Northeast Seattle closed out 2012 with an 18% increase in the number of home sales from 2011.  The average selling price increased from $350,894 in 2011 to $367,640 in 2012.  Sellers also received more of their list price in 2012 (99.07% average compared to 2011′s 97.5% average of their list-to-sale price).   Supply and demand T... 05/21/2013

  Northeast Seattle’s real estate  continues to favor Buyers Northeast Seattle closed out 2012 with an 18% increase in the number of home sales from 2011.  The average selling price increased from $350,894 in 2011 to $367,640 in 2012.  Sellers also received more of their list price in 2012 (99.07% average compared to 2011′s 97.5% average of their list-t0-sale price). This Week The median list price in northeast Seattle (zip code 98125) is $350,000  is up slightly from the  previous week’s  $349,990.   Inventory is up and the Market Action Index (MAI see below chart) is trending down recently.  While days-on-market appears to be trending  lower, the overall conditions are weakening a bit.     Check in  next week to see how the housing market in northeast Seattle  is shaping up.   Supply ... 03/14/2013

Home sales in northeast Seattle  continue to outstrip supply Northeast Seattle closed out 2012 with an 18% increase in the number of home sales from 2011.  The average selling price increased from $350,894 in 2011 to $367,640 in 2012.  Sellers also received more of their list price in 2012 (99.07% average compared to 2011′s 97.5% average of their list-t0-sale price). The median list price in northeast Seattle (zip code 98125) is $349,995  up slightly from the  previous week’s  $349,900.    The Market Action Index (MAI) has been climbing lately while days on market are trending downward, these point to a positive  near-term outlook for the northeast Seattle market.   Check in  next week to see how the housing market in northeast Seattle  is shaping up.  Recent closed sales in northeast ... 02/12/2013