Ballard zip code is a hot housing market

There’s no denying that the Seattle real estate market has slowed down along with the rest of the country. When the August monthly multiple listings report came out last week, the Seattle Times concluded that home prices in King County are now equal to April 2006 prices.

But Ballard seems to be a hot spot — in fact, one of the hottest in the country. According to Business Week, the 98117 zip code is the 8th fast-selling zip in the nation. (98117 spans 65th Ave NW to 100th Ave NW and 1st Ave NW to the water.) The average time on the market is 86 days, which is 34 percent longer than last year, but the median price has only dropped 0.9 percent to $525,000. If you’re curious, the fastest-selling zip is pricey Sunnyvale, CA where homes sit on the market just 66 days.

Geeky Swedes

The founders of My Ballard

2 thoughts to “Ballard zip code is a hot housing market”

  1. Open for showing Wed. Dec. 9th. from 8am until 10am, otherwise call for showing. Elegant office space. includes several private office spaces, kitchen, conference room, large open space, and storage area. Owner could leave office furniture etc. Located just below a Mexican restaurant called Aztec. Almost on the corner of NW Market St. and Shilshole Ave. NW call 425-368-8246 or carlbrecht@netscape.net

    5484 Shilshole Ave. NW

  2. Open for showing Wed. Dec. 9th. from 10:30am until Noon, otherwise call for showing. New remodeled, very large fenced back yard, hardwood floors, nice kitchen, all on a beautiful Street, pet welcome! Please note that the bedrooms are all on the second floor. One very large bedroom has a second ajoining good sized bedroom. 425-368-8246

    6712 7th. Ave. NW

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