Seattle Suburbs Real Estate

The Seattle suburb of Brier WA is nestled at the top of Lake Washington with an easy commute to Seattle, Everett, or Bellevue.  Brier Houses have steadily increased and with all of the media hype regarding Seattle's real estate market, I wanted to look at some Brier WA real estate numbers.  Forgive me because I am a real estate agent with a degree in accounting, but I always like to look at the numbers!

In order to look at Brier WA 2008 real estate, you first have to look back at 2007.  In 2007, there were 80 residential real estate sales in Brier.  This gives us between six and seven houses sold in Brier per month overall and does not take into account any slow or fast seasonal periods. 

Some of the 2007 stats:

The average Brier WA home sold in 2007 was a 3 bedroom home and the average bath count was 2.23 baths.  The average Brier home sold in 2007 was 2104 square feet.  The average Brier WA listing price for real estate was $466,778 and the average sale price was $457,341 (not a bad ratio considering all the "doom and gloom".  The average days on market for a home in Brier was 51 days (range of 6 - 240 days). 

So now, let's look at the current market:

No sales recorded in 2008 to date, but there are three pending sales.  Active listings in Brier as of today is 17 listings.  The averages on these are as follows:  4 bedroom, 2.36 bath, 2328 square feet, and the listing average price for a home in Brier is $533,070.  The average days on market is longer at 76 days (range from 4 - 157). 

No doom and gloom in Brier - the active inventory for Brier WA real estate is holding at only 2.55 mos of supply right now which is not too bad if you are a seller considering a move.  The important thing to consider is how will you position yourself on the market? 

Cooper Jacobs Real Estate Services - Seattle and Seattle Suburb Real Estate.  Serving North King County and South Snohomish Counties....