April 23, 2013

Seattle’s Highest and Lowest Priced Neighborhoods

Several of our latest posts have highlighted that home prices are on the rise, especially here in Seattle. The map below shows the average listing price for different Seattle neighborhoods. While there are some very pricey areas of Seattle, you can see that there is still reasonably priced real estate to be found.

Seattle's Most Expensive Areas


Topping the list as the priciest neighborhoods, with average listing prices above $773,000 are Downtown Seattle, Queen Anne, Magnolia, Wallingford, Laurelhurst, Ravenna, Bainbridge Island, Madison Park, Montlake, Eastlake, Capitol Hill, and the coast of Shoreline, including Richmond Beach.

In the median range include Mount Baker, Leschi, Madrona, Burien, West Seattle, Beacon Hill, Columbia City, Ballard, Maple Leaf, South Lake Union, Belltown, Fremont, First Hill, Madison Valley, Phinney Ridge, and Green Lake, with average listing prices from $497,000 to $773,000.

Homes priced between $414,00 and below can still be found in Seactac, Renton, Des Moines, Kent, White Center, Shoreline, Lake City Way, Lake Forest Park, Rainier Valley, Tukwila, and Northgate, as well as in areas outside of Seattle city limits.

Team Troy is your neighborhood expert, and can offer up-to-date market and area analysis for your home on an individual basis. Call us today at 206-504-3660 for your free home valuation, or visit here for a quick report.

For all you numbers people, the graph below shows the average listing price, average sales price, median sales price, and price per square foot based on Seattle zip codes. Find your zip codes to see how your area stacks up against the rest. There is also the week over week percentage for the average listing price and the year over year percentage for the average sales price, median sales price and price per square foot that indicates which areas are on the rise. Topping the list is the 98112 zip code, with an average list price of $2,049,381. This is the Madison Park area right on Lake Washington.

Average Listing Prices in Seattle