Newcastle City Data

Newcastle City Data by Zip Code: 98059

Mike Rozell ~ Realtor
First-Class Service | First-Class Results
www.FairwoodLifestyle.com

Best Cities For Home Sellers

“…Seattle has experienced similar construction rate cuts. The city went through its own bust in 2002 and 2003, as the result of mass overbuilding. Since homes take a few years to finish, when construction rates plummet, as they did in Seattle from 2003-2005, it takes years before those adjustments are felt. By 2006, Seattle had the lowest vacancy rate in the country, and wasn’t as prone to the price adjustments felt elsewhere, making it our 10th best sellers market today.

While job growth, new construction and vacancy rates and access to credit are important barometers, the bottom line is this: When there are more buyers chasing property than sellers looking to unload, that means a relatively quicker sale, which in this market is the best that can be expected, even if it’s a small or flat price gain.” - Matt Woolsey, Forbes.com

For the full story read Best Cities For Home Sellers  -Forbes.com

For continued updates on Greater Seattle Real Estate News go to: www.MySeattleLifestyle.com

I continuously monitor local real estate statistics to keep my clients informed and ahead of the real estate trends. Below you will find Renton real estate statistics for the month of March.

MLS Area 340 (SE Renton / Benson Hill & Fairwood Real Estate)

Single Family Residential
Total New Listings on the Market: 115 (140 in March, 2007)
Total Active Listings on Market: 373 (230 in March, 2007)
Average Listing Price: $473,501 ($506,575 in March, 2007)
Total Pending Sales: 55 (81 in March, 2007)
Total Closed Sales: 47 (71 in March, 2007)
Average Sale Price: $368,878 ($400,354 in March, 2007)
Average Days On Market: 90 (52 in March, 2007)

Condominium
Total New Listings on the Market: 33 (36 in March, 2007)
Total Active Listings on Market: 105 (30 in March, 2007)
Average Listing Price: $242,116 ($258,558 in March, 2007)
Total Pending Sales: 13 (34 in March, 2007)
Total Closed Sales: 15 (31 in March, 2007)
Average Sale Price: $238,240 ($228,216 in March, 2007)
Average Days On Market: 96 (27 in March, 2007)

MLS Area 350 (NE Renton / Renton Highlands, Briarwood & Kennydale Real Estate)

Single Family Residential
Total New Listings on the Market: 108 (149 in March, 2007)
Total Active Listings on Market: 434 (315 in March, 2007)
Average Listing Price: $610,988 ($537,906 in March, 2007)
Total Pending Sales: 63 (128 in March, 2007)
Total Closed Sales: 58 (79 in March, 2007)
Average Sale Price: $506,547 ($463,960 in March, 2007)
Average Days On Market: 92 (77 in March, 2007)

Condominium
Total New Listings on the Market: 32 (33 in March, 2007)
Total Active Listings on Market: 82 (27 in March, 2007)
Average Listing Price: $272,769 ($292,472 in March, 2007)
Total Pending Sales: 10 (23 in March, 2007)
Total Closed Sales: 8 (18 in March, 2007)
Average Sale Price: $235,988 ($223,580 in March, 2007)
Average Days On Market: 32 (51 in March, 2007)

MLS Area 360 (West Renton / Downtown Renton & Skyway Real Estate)

Single Family Residential
Total New Listings on the Market: 57 (41 in March, 2007)
Total Active Listings on Market: 162 (107 in March, 2007)
Average Listing Price: $502,351 ($477,453 in March, 2007)
Total Pending Sales: 23 (28 in March, 2007)
Total Closed Sales: 16 (25 in March, 2007)
Average Sale Price: $356,125 ($351,586 in March, 2007)
Average Days On Market: 69 (41 in March, 2007)

Condominium
Total New Listings on the Market: 11 (5 in March, 2007)
Total Active Listings on Market: 28 (17 in March, 2007)
Average Listing Price: $241,987 ($282,782 in March, 2007)
Total Pending Sales: 5 (4 in March, 2007)
Total Closed Sales: 5 (2 in March, 2007)
Average Sale Price: $345,280 ($212,000 in March, 2007)
Average Days On Market: 83 (59 in March, 2007)

To find out the value of your home with a Free Market Analysis, call me directly at 206.799.3414 or go to House Values and fill out your information for a Comparative Market Analysis.

If you would like a free list of homes For Sale in Renton, would like to be the first to know about hot new real estate for sale in Renton, WA before other buyers do or would just like more information about the area of Renton WA, call me directly at 206.799.3414 or go to Property Watch and fill our your information for New Listing Email Notification.

Mike Rozell ~ Realtor
First-Class Service | First-Class Results
www.MyRentonLifestyle.com

This information is deemed reliable but it is not guaranteed to be 100% accurate. I generated these statistics from MLS Areas 340, 350 and 360 using the Northwest Multiple Listing Service.

A grand design for The Landing is taking shape

Nothing is happening by chance at this neighborhood rising in north Renton – The Landing – a new destination for shoppers and a new home for those who want convenient urban living.

The developers, the Dallas-based Harvest Partners, are paying attention to details, all the way down to the metal strips on benches designed to thwart skateboarders.

When done later this year, The Landing will have about 614,000 square feet of retail space on its 46 acres. And leasing is under way of nearly 900 high-end residential rental units at The Reserve and Sanctuary.

A casual observer can see all this at what might be called the crossroads of The Landing ““ Park Avenue North and North 10th Street. Here, with a simple scan, are the yellow-encased apartments, the still-unrecognizable 14-screen Regal Cinema, a huge Boeing sign in the distance and the rising frame of a 730-space parking garage.

A stroll down 10th Avenue leads deep into The District, the core of The Landing, with its shops, restaurants and recreational opportunities.

Also not left to chance is the mix of retailers that will sell their wares and services at The Landing.

Leading the leasing is Amy Alyeshmerni, the owner of The Leasing Studio, who has nationwide experience putting together the retail mix for such shopping areas.

Her goal is simple.

“We want people to live their lives here,” she said.

To do that, she is putting together what she calls a collection of “compelling” retail shops and restaurants. She talks of managing the “energy” of The Landing, pulling people through from the shops, to the restaurants and finally, perhaps, to the cinema.

“We have a definite plan,” said Bob Baker, a partner with Harvest Partners.

The Landing is more than 70 percent leased. Stores will open as they are completed. Already up and running are Target, PetSmart and Staples, among others.

All this is leading to the grand opening of the Regal Cinema in October, when “something special” is planned for The Landing, according to Baker.

The Landing is already providing financial dividends for the City of Renton.  Continued… – Dean A. Radford; Renton Reporter

For the full story read A grand design for The Landing is taking shape  -Renton Reporter

For continued updates on The Landing in Renton go to: www.TheRentonLanding.com

The little town of Newcastle, population around 10,000, has some big dreams for itself as a livable, picturesque American city, and, by gosh, it might just make it.

Squeezed between Renton and Bellevue, Newcastle voters incorporated a decade ago as a way of not becoming Renton. Like similar communities of that era, incorporation “” of Sammamish, Kenmore, Newcastle and others “” was felt the better option to being part of the sometimes indifferent King County government or getting a postmark by annexation.What became of Newcastle in the following years was not much, except for a couple of very big things that now look like real assets: one of the finest golf courses in the region sharing views by million-dollar homes, and an almost accidental greenbelt around the city that gives it the leafy character of a postcard.

There’s nothing to write home about sitting in the Newcastle City Hall, a warren of corridors leading to a meeting room right above a machine shop. But inside City Hall, plans are emerging toward a unifying planned community with cottages and shops sitting just beneath the Golf Club at Newcastle.

“We have a plan,” said Newcastle Mayor Ben Varon, “and that ties to a vision of a very livable city with a downtown core of attractive shops and interaction of pedestrians and community.” continued…

For the full story read Surprising Newcastle: visions and opportunities - The Seattle Times

For more Newcastle real estate and community news go to: www.MyNewcastleLifestyle.com