Ballard Housing Market Recap: June 2015

Blue RidgeBy JJ Heinrich, Ewing & Clark, Inc.

The month of June has come and gone, and both the weather and Seattle’s real estate market have been extremely impressive. It’s well known that the summer months typically signal the busiest time of year for the real estate market, and the Ballard neighborhood has been quite dynamic. Let’s take a look at some of the real estate highlights for the month of June in Ballard:

According to the Northwest Multiple Listing Service, June brought about the sale of 44 single-family homes. The median sales price of those 44 homes was approximately $638,511. The homes that sold in the month of June averaged being on the open market for just 9 days, in line with the average for homes in Seattle. The total dollar amount of those transactions totaled roughly $28,094,497. Not a bad month’s work!

There were also 11 condominiums sold in Ballard in June at a median sales price of $375,958, and those units averaged being on the market for 46 days.

As you can see by the statistics provided above, the real estate market in Ballard continues to be extremely active, and we don’t anticipate that to change as we get deeper into the summer months. For more information on Ballard (and Seattle) real estate, or if you are curious about what your house might be worth in this strong market, please contact your local real estate broker for a free market analysis and conversation about your home.