2009 Seattle Real Estate Overview « Live Queen Anne

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425.299.6307 face@nwgrealestate.com Northwest Group Real Estate

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2009 Seattle Real Estate Overview

Gorgeous images by Andria Lindquist, AndriaLindquist@gmail.com

Gorgeous images by Andria Lindquist, AndriaLindquist@gmail.com

Looking back at 2009, the Northwest Multiple Listing Service summarized the real estate market happenings revealing a few refreshingly positive signs.  Overall, median home prices fell making housing more affordable for buyers.  This median landed at $380,000, which is 16.5% lower than the 2007 peak, but still $100,000 higher than in 2002.  Activity also picked up in many counties neighboring the Puget Sound where more sales were made in 2009 than 2008.  Fun facts: the lowest priced home sale last year was $40,900 in Kent and the highest was $15.56 million in Mercer Island.  More information can be found in this Seattle Times article.  The link is a little slow to load, but it is well worth the wait!

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