Fun with Redfin
Go to Redfin and zoom in on an area. Click the search options and select Show Past Sales for Last 1 year.
Now you will see the current inventory and demand over the past year. Divide one by the other, multiply by 12, and you get an estimate of the number of months it will take to sell the current supply. I found it very entertaining to scroll around the map and watching how the inventory number changes.
I collected data around the Seattle area. The most demanded areas are N. Kirkland (near Juanita beach), Bellevue, and Ballard. The least demanded areas are Mill Creek NW of Lynnwood with an estimated two years of inventory, Liberty Park south of Seattle, and Pioneer Square.
Now you will see the current inventory and demand over the past year. Divide one by the other, multiply by 12, and you get an estimate of the number of months it will take to sell the current supply. I found it very entertaining to scroll around the map and watching how the inventory number changes.
I collected data around the Seattle area. The most demanded areas are N. Kirkland (near Juanita beach), Bellevue, and Ballard. The least demanded areas are Mill Creek NW of Lynnwood with an estimated two years of inventory, Liberty Park south of Seattle, and Pioneer Square.
Area inv 12 mos of sales mos of inv Crossroads, Bellevue 39 386 1.2 Microsoft, Redmond 76 379 2.4 SE Bridle Trails Park 59 262 2.7 NW Bridle Trails Park 98 250 4.7 Medina 72 388 2.2 Downtown Bellevue 70 383 2.2 Lake Hills Bellevue 36 333 1.3 Factoria/Eastgate 50 350 1.7 Lakemont Park 102 363 3.4 May Creek Park 116 293 4.8 Kiwanis Park, Renton 66 178 4.4 Liberty Park 39 70 6.7 Cascade Park, Renton 69 411 2.0 Skyway Park, Skyway 33 128 3.1 LakeRidge Park, Seattle 26 123 2.5 Riverton Heights, Seatac 89 342 3.1 Shorewood 87 395 2.6 Highpoint 39 199 2.4 West Seattle 41 196 2.5 South Seattle 26 159 2.0 Beacon Hill 49 310 1.9 Pioneer Square 63 136 5.6 Belltown 53 431 1.5 Capitol Hill 38 198 2.3 Madrona 34 132 3.1 Broadmoor 16 129 1.5 Queen Anne 69 330 2.5 Magnolia 42 242 2.1 Sunset Hill/Ballard 39 319 1.5 Soundview Playfield 21 153 1.6 8th Ave and 80th NW 31 278 1.3 Greenwood 48 302 1.9 Haller Lake 10 90 1.3 Parkwood 74 382 2.3 Richmond Beach 40 226 2.1 Edmonds 99 257 4.6 Brier 121 310 4.7 Lynnwood 60 241 3.0 Mill Creek 174 76 27.5 Kenmore 92 327 3.4 Bothell 93 238 4.7 Woodinville 73 411 2.1 North Kirkland 30 353 1.0 Kirkland 57 146 4.7 Inglewood 33 88 4.5 KC Lewis Park, Redmond 68 263 3.1 Pine Lake 59 208 3.4 S. Issaquah 32 243 1.6 Snoqualmie 116 373 3.7 North Bend 40 201 2.4 Duval 84 237 4.3
Comments