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The housing inventory continues to decline from last month, which is typical for this time of year. However, 71% of new listings that came on the market in November promptly went under contract and closed sales more than doubled compared to last November.
October ended with 29± homes on the market. At the end of November, there were only 22± homes for sale. There were 24 new listings in November, 17 of which went under contract. Additionally, 9 homes already on the market went under contract for a total of 26 (see below). There were 57 sales that closed in November at a median sales price of $1,168,000 with an average market time of just 19 days.
Comparatively, for the month of November last year, there were 62± homes for sale, 26 homes that went under contract, and 26 closed sales at a median sales price of $1,049,000 with an average market time of 68 days.
Through the end of November, there have been 445 closed sales at a median sales price of $1,010,000. Compared to the same period last year, there were 365 closed sales at a median sales price of $920,000, an increase in volume of 22% and a 9.8% increase in the median sales price.
Here are the 26 homes that went under contract in November:
| Price | Address | Contract Date | ||
| 1 | $525,000 | 1251 Patmos Lane NW | 11/4 | Closed 11/30 @ $520,000 |
| 2 | $578,000 | 5145 NE Eagle Harbor Drive | 11/11 | |
| 3 | $598,000 | 6560 Fletcher Bay Road NE | 11/4 | |
| 4 | $627,000 | 16224 Reitan Road NE | 11/16 | |
| 5 | $635,000 | 14484 NE Sunrise Drive | 11/12 | |
| 6 | $724,500 | 1305 Kings Place NW | 11/15 | |
| 7 | $725,000 | 901 Lovell Avenue NW | 11/10 | Closed 11/20 @ $750,000 |
| 8 | $795,000 | 4939 NE Avalon Lane | 11/12 | |
| 9 | $798,000 | 8305 Springridge Road NE | 11/2 | Closed 11/17 @ $906,000 |
| 10 | $825,000 | 9403 Eric Avenue NE | 11/24 | |
| 11 | $899,900 | 9858 NE Lafayette Avenue | 11/24 | Waterfront |
| 12 | $935,000 | 9520 NE North Town Loop | 11/16 | Closed 11/16 @ $935,000 |
| 13 | $945,000 | 5815 NE Baker Hill Road | 11/10 | |
| 14 | $1,025,000 | 4540 Island Avenue NE | 11/9 | |
| 15 | $1,100,000 | 487 Cosgrove Street NW | 11/16 | Closed 11/16 @ $1,100,000 |
| 16 | $1,295,000 | 589 Pierce Court NW | 11/10 | |
| 17 | $1,320,000 | 6516 NE Baker Hill Road | 11/20 | Closed 11/20 @ $1,320,000 |
| 18 | $1,375,000 | 10618 NE South Beach Drive | 11/23 | Waterfront; Closed 11/23 @1,375,000 |
| 19 | $1,395,000 | 8583 Cherry Orchard Lane NE | 11/28 | |
| 20 | $1,475,000 | 175 Wood Avenue SW | 11/12 | Closed 11/12 @ $1,475,000 |
| 21 | $1,559,950 | 134 Duane Lane NW | 11/30 | |
| 22 | $1,880,000 | 11413 Blue Heron Lane NE | 11/29 | Waterfront |
| 23 | $2,299,888 | 9519 NE South Beach Drive | 11/2 | Waterfront |
| 24 | $2,350,000 | 12271 NE Country Club Road | 11/24 | Waterfront |
| 25 | $2,695,000 | 7464 Madrona Drive NE | 11/7 | Waterfront |
| 26 | $3,957,000 | 16790 Agate Point Road NE | 11/24 | Waterfront |
Information and statistics derived from Northwest Multiple Listing Service.
