The housing market in Seattle's Ballard neighborhood continues to be hot, hot, hot!
Check out the February statistics below to see what's going on in Ballard's single family home housing market.
The number of for sale listings and up 5.3% from previous month. The number of sold listings increased 78.9% month over month. The number of under contract listings was down 14.3% comparing to previous month. The months of inventory
based on closed sales is 0.6.
The average sold price per Square Footage was up 10.2% comparing to previous monthThe Median Sold Price increased by 3.3% from last month. The Average sold price also increased by 5% from last month. Based on the 6 month trend, the average sold price trend is "appreciating" and the median sold price trend is "appreciating". The average days on market showed a neutral trend. The ratio of sold price vs. original list rice is 102%.
If you are considering a purchase or sale in this trendy Seattle neighborhood, give us a call, text or email. We are experts in Northwest Seattle real estate!
-Steve and Sandra