We are already halfway through the year and there is still not much relief in the Seattle real estate market for buyers as inventory remains low and prices continue to rise! The Denny Blaine neighborhood has had four sales since January, last year around this time there were three. Though there may not be much of a change in sold listings, the prices have jumped! The median price has gone up from $1,250,000 to $1,611,675 and the lowest price has rose from $950,000 to $998,000. The average selling price has gone up $388,255. The average cumulative days on market has gone from just 34 days this time last year to 103 days in these last 6 months. There are currently 3 active listings and 3 pending.
Ewing and Clark has sold 3 homes this past spring in the Denny Blaine area. On average, each home sold in 10 days!