Waterfront homes sales in the Seattle area were up significantly for the first half of 2011. Waterfront sales recorded on the NWMLS for 2010 were at 207 at the halfway point, while that number has risen to 233 sales in 2011.
The 12% increase is another indication that there are some strong pockets in the Seattle real estate market, especially in niche categories with unique value. Certain segments such as waterfront homes, modern homes, and highly-coveted traditional neighborhoods are seeing strong real estate sales and stabilization in prices, even while much of the new construction market is stagnant.
The median price for waterfront real estate sales in King County was $670,000 (waterfront sales include houseboats, riverfront, canal, Puget Sound, and lakefront homes).
Sam DeBord - Realtor® | Managing Broker | SeattleHome.com | Coldwell Banker Danforth
Wiegand & DeBord - WD Estates | ph: 206-658-3225 | email: Sam(at)SeattleHome.com
Member NWMLS, N.A.R., WA Realtors, Seattle-King County Realtors
Source: NWMLS Data - This information was not compiled or published by the Northwest Multiple Listing Service
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