Phinney Ridge, Seattle home sales are up significantly this summer as compared to last year. June 2009 sales of houses and townhomes in Phinney Ridge were up 7.7% as compared to the same month in 2008. More surprisingly, median home prices were up 9.3% over last year. The median sales price in June 2008 was $525,000 in Phinney Ridge, and rose to $574,000 in this year in June.
The icing on the cake of this neighborhood's market's statistics is the marketing time. Total time on market has been cut in half, as the median time went from 56 days to 28 days in 2008 vs. 2009. These large increases match the trend for most of North Seattle, as we've seen strong sales and pricing increases all over the Seattle metro North of the Ship Canal.
Phinney Ridge Homes for Sale - Seattle Homes For Sale
These statistics based on MLS data. The Northwest Multiple Listing Service did not compile or publish this data.
Sam DeBord and Brian Wiegand - SeattleHome.com - Seattle Real Estate Brokers
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