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Market Statistics provided here for Seattle’s Madison Park & Washington Park neighborhoods are current as of this post date.

Single Family Properties SOLD in the last 90 days: 7

Average SqFt. for homes SOLD 1,669

Average Price Per SqFt. $556.44

Average Days On Market 158

High $2,395,000 Low $292,500 Median $1,050,000 Sales Price To Listing Price 94.69%

Number of Homes Currently FOR SALE: 5

Average SqFt. 1,248

Average Price Per SqFt. $530.86

Average Days On Market 142

High $995,000 Low $395,000 Median $498,000

Number Of Homes Currently PENDING: 2

Average SqFt. 1,079

Average Price Per SqFt. $571.56

Average Days On Market 16

Washington Park Home Currently Pending - Listed by Ewing & Clark Inc.
Washington Park Home Currently Pending – Listed by Ewing & Clark Inc.
Washington Park Home For Sale - $949,000 - Listed by Ewing & Clark Inc.
Washington Park Home For Sale – $949,000 – Listed by Ewing & Clark Inc.
Madison Park Home - Sold by Ewing & Clark - Vincent Mullally - $2,040,000
Madison Park Home – Sold by Ewing & Clark – Vincent Mullally – $2,040,000

Market Statistics provided here for Seattle’s Madison Park & Washington Park neighborhoods are current as of this post date.

Single Family Properties SOLD in the last 90 days: 24

Average SqFt. for homes SOLD: 3,361

Average Price Per Square Foot: $437.48

Average Days On Market: 83

High $2,800,000 Low $670,000 Median $1,485,000 Sales Price To Listing Price 97.86%

Number of Homes Currently FOR SALE: 13

Average Square Feet: 3,575

Average Price Per Square Foot. $558.75

Average Days On Market 125

High $3,495,000 Low $949,000 Median $1,595,000

Number Of Homes Currently PENDING: 5

Average Square Feet. 3,914

Average Price Per Square Foot. $456.62

Average Days On Market 26

The Madison Park real estate market (including Washington Park real estate) had five sales in February.  Five sales would be impressive if not for last year.  Last year there were twelve sales in February compared to one sale in 2012 and two sales in 2011.  There are currently thirteen active listings in the Madison Park / Washington Park area totaling nearly $22 million and twelve sales pending with a current list price of nearly $19 million.

Washington Park Seattle

Central Seattle real estate, which basically includes the area from the Montlake Cut to I-90 and from Lake Washington to I-5, is showing signs of strength.  While the median year-to-date sales price is down from $619,000 to $577,475, the average year-to-date sales price is actually up from $729,042 to $736,659.  In addition, year-to-date sales for the first two months are up with 88 sales in 2014 versus 79 sales in 2013.  Inventory is also tighter than last year down from 128 to 93 active listings in the month of February.

If you have any questions about the Seattle real estate market, please feel to reach out to a local Seattle real estate agent.

Above pictured Washington Park home is available for purchase for $2,485,000.  Click previous link for details.

 

Madison Park Condo Recently Sold By Ewing & Clark Inc.
Madison Park Condo Recently Sold By Ewing & Clark Inc.
Condo View
Condo View

Market Statistics provided here for Seattle’s Madison Park & Washington Park neighborhoods are current as of this post date.

Single Family Properties SOLD in the last 90 days:3

Average SqFt. for homes SOLD 1,515

Average Price Per SqFt. $585.29

Average Days On Market 218

High $1,150,000 Low $435,000 Median $1,075,000 Sales Price To Listing Price 93.03%

Number of Homes Currently FOR SALE: 4

Average SqFt. 1,218

Average Price Per SqFt. $471.46

Average Days On Market 130

High $995,000 Low $409,900 Median $434,000

Number Of Homes Currently PENDING: 1

Average SqFt. 1,778

Average Price Per SqFt. $672.10

Average Days On Market 410