Realogics Sotheby’s International Realty presents a look at the housing market trends for the fourth quarter of 2019, from the shores of Bainbridge Island’s waterfront homes and in-city living opportunities to the Eastside’s most distinguished residences.
Seattle | Single-Family Homes
Median home prices in Seattle continued an upward trajectory to finish the year at $782,000, while the average price per square foot grew by 3.3 percent year-over-year to $456.66.
Seattle | Condominiums
After experiencing neutral market conditions in the third quarter of 2019, condominiums in Seattle slipped back into the favor of sellers, ending the year with 2.5 months of inventory.
Eastside | Single-Family Homes
Home prices on the Eastside grew slightly from the fourth quarter of 2018 to the fourth quarter of 2019, at $863,000 and $879,000, respectively. The December 2019 median price of $908,000 marked the second-highest on the Eastside for the entire year.
Bainbridge Island | Single-Family Homes
Single-family homes on Bainbridge Island closed out the year strong, with a median sales price of $953,000 in the final quarter of 2019—up from the previous quarter’s reported $870,000 sale price.
