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The Most Competitive Seattle Neighborhoods to Buy a Home

Published on January 11, 2016 by Carrie Watt

Have you been feeling the tight real estate market in Seattle? Listed below are Seattle's most competitive markets.

Puget Sound Business Journal recently published an article with the most competitive Seattle neighborhoods to buy a home. Check out where your neighborhood ranks! See full article here.

Neighborhood: Newport
City: Bellevue
Median Sale Price: $570,000
Median Days on the Market: 7
Percent Above Asking Price: 48.6%
Homes in Bidding War: 80%

Neighborhood: Idylwood
City: Redmond
Median Sale Price: $653,500
Median Days on the Market: 9.5
Percent Above Asking Price: 50.9%
Homes in Bidding War: 84%

Neighborhood: West Woodland
City: Seattle
Median Sale Price: $587,000
Percent Above Asking Price: 69.4%
Homes in Bidding War: 93%

Neighborhood: Madrona
City: Seattle
Median Sale Price: $850,000
Median Days on the Market: 8
Percent Above Asking Price: 47.8%
Homes in Bidding War: 92%

Neighborhood: Green Lake
City: Seattle
Median Sale Price: $660,260
Median Days on the Market: 7
Percent Above Asking Price: 56.1%
Homes in Bidding War: 100%

Neighborhood: Victory Heights
City: Seattle
Median Sale Price: $460,350
Median Days on the Market: 8
Percent Above Asking Price: 54.1%
Homes in Bidding War: 79%

Neighborhood: Newport Hills
City: Bellevue
Median Sale Price: $550,000
Median Days on the Market: 7
Percent Above Asking Price: 57%
Homes in Bidding War: 82%

Neighborhood: Greenwood
City: Seattle
Median Sale Price: $450,000
Median Days on the Market: 7
Percent Above Asking Price: 57.5%
Homes in Bidding War: 81%

Neighborhood: Stevens
City: Seattle
Median Sale Price: $853,000
Median Days on the Market: 7
Percent Above Asking Price: 55.3%
Homes in Bidding War: 85%

Neighborhood: Phinney Ridge
City: 
Seattle
Median Sale Price: 
$670,000
Median Days on the Market: 
7
Percent Above Asking Price: 
69.3%
Homes in Bidding War: 
84%

Neighborhood: Grass Lawn
City: Redmond
Median Sale Price: $482,500
Median Days on the Market: 7
Percent Above Asking Price: 54.6%
Homes in Bidding War: 90%

Neighborhood: Roosevelt
City: Seattle
Median Sale Price: $627,750
Median Days on the Market: 7
Percent Above Asking Price: 69%
Homes in Bidding War: 83%

Neighborhood: Overlake
City: Redmond
Median Sale Price: $602,000
Median Days on the Market: 7
Percent Above Asking Price: 60%
Homes in Bidding War: 100%

Are you looking to buy a new home? Contact one of our professional real estate brokers to help you on your search!

 

Carrie Watt - “Pointe3 Real Estate - not your cookie cutter real estate brokerage. ”

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