As of February 12, 2012, there are currently only 69 active residential homes in Ballard for sale at an average price of $396,456, at an average home size of 1739 square feet. Of those, only 11 of them are short sale homes in Ballard with an average list price of $304,140. There is only bank owed home for sale, currently listed at $239,000.
In addition, there are 48 Ballard condominiums for sale at an average price of $284,165, at an average of 862 square feet. This inventory is down about 25% from the last report. Overall, it would appear the Ballard real estate is demonstrating some decent home sale activity, however inventory levels are extremely low, putting the Ballard home seller much more in control than they were at this same time last year.
If you would like more information on Ballard, or any other Seattle community, feel free to contact one of our local Seattle real estate agents here.
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