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img_0882Seattle Statistics

Population 662,400

City Hall (206) 684-2489, www.Seattle.gov

600 4th Ave,

2nd Floor,

Seattle, WA 98124

Main Entrance 601 5th Ave

 

School District Seattle Public Schools, (206) 252-0000, www.SeattleSchools.org

Utilities

Gas PSE 888-225-5773

Electricity Seattle City Light, (206) 684-3000, www.Seattle.gov/Light

Water/Sewer/Garbage Seattle Public Utilities, (206) 684-3000, www.Seattle/gov/Util

Telephone Century Link, (886) 642-0444, www.CenturyLink.com

Typical Tax Rate $9.49/$1000

Median Household Income $67,365

Average Monthly Rent $2,150 2bd

Source: Greater Seattle InfoGuide 2016-17

Number of homes for sale in Seattle, WA.

The following chart shows the market in relationship to supply and demand. Experienced REALTORS watch closely the ratio of the inventory against the pending sales. We know that if the gap between those two sets of data decreases, we cannot be aggressive when working with buyers. A healthy market is where a little give and take on both sides of the negotiation table exists or when roughly 30 to 35% percent of available homes go pending during the same month.

Average days on market for Seattle, WA.

The average days on market is a great guide for gaining an understanding of how long it might take to receive an offer.

Average price of real estate currently for sale and recently sold in Seattle, WA.

Use the average price of listings to gauge how confidant REALTORS and home owners are in a market and as a guide for the general direction of housing prices. For a more accurate gauge of a certain type of home, ask your real estate broker to get you the median priced home for your area.<

Average Months of Inventory in Seattle, WA

Months of Inventory is just another way of looking at the supply and demand ratios. The months of inventory tell us how long it would take to sell every single home on the market if no other listings came on. A neutral market is 4 to 6 months supply, anything more is a buyer’s market and anything less is a seller’s market.

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