Issaquah Home Sales Report for the Eastside and King County – January 2012

January 2012 Issaquah Homes Sales Report for King County & Eastside. In January of 2012 King County closed sales were up 13.5% from January 2011 (1,429 vs 1,259) . The Eastside showed some very strong numbers as well with closed sales. Closed sales were up 14% (496 vs 435) The median home price in King County in January continues its downward trend to $280,000 16.04%. The Eastside Median Sales price was down 7.21% to $399,000.

An indication of increased market activity pending sales across King County moved up 15.09%, and pending sales on the Eastside were up 15%. We are still seeing inventory numbers decline. In January total active listings were down 28.5% in King County and down 25.44% on the Eastside from January of 2011. Declining inventory means sellers may have a easier time selling good homes.

See the raw numbers from the Northwest Multiple Listing Service: Real Estate Market Data for King County January 2012 Data . Also take a look at the housing numbers for Sammamish and Issaquah. In Kirkland the Market Action Index(a gauge of market activity) remains strong. While it’s still a buyers market, it is much more balanced. With interest rates in the LOW 4′s buyers affordability is at an all time high. Also see the national real estate trends at Realtor.com

Here is a breakdown of real estate homes sales in Seattle Eastside Communities of Bellevue, Kirkland, Redmond, Issaquah and Sammamish, Washington for the week broken down by neighborhood. Just click on the link to your neighborhood for the complete breakdown of the homes that are on The chart below breaks down Seattle Washington’s Greater Eastside Real Estate homes sales by City, for the week of 02/21/2012.

To find out what your home is worth or If you are interested in selling your home for top dollar in the quickest amount of time, please contact me anytime at 425-837-4700 or Click here to send me an e-mail requesting further information.

First of the year jump in sales bigger and better than expected.  Although it is typical to see a January bump the numbers show even greater demand than expected.  Inventory is dropping and prices for the short term are stabilizing.  Much of the driving force behind these numbers are record low interest rates and high affordability.  The selling season is upon us so if you are considering a move now is a GREAT time.