Real Estate Market Update for 98020 (Edmonds, WA)
Welcome to September's Market Update. Let’s take a look at residential real-estate activity in your area during the month of August. The number of active listings was down 21% from one year earlier, and down 6% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 690-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 25%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 520-thousand dollars. The number of units sold was consistent year-over-year, and increased 12% month-over-month. These latest figures could indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 98020 (Edmonds, WA)
Area Information for 98020 (Edmonds, WA)
  • Population: 19,144
  • Median Age: 51.33 yr
  • Median Commute Time: 25 mins
  • Educational Climate*: 4
  • Sales Tax: 7%
  • Population Density: 3,701/sq mi
  • Population Change Since 2000: 10.09%
  • Closest Airport: Boeing Field/king County International
  • Closest College: Bastyr University
  • Closest Jr. College: Edmonds Community College
  • Median Household Income: $81,346
  • Annual Residential Turnover: 13%
  • Median Home Sales Price: $490,000
  • Closest Major Sports Team: Seattle Storm
  • Change Avg. Household Income Since 2000: 39.2%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 98020 (Edmonds, WA)
Median Age: 51.33 Married: 52% Number of Households: 8,677 Households with Children: 1,776
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 98020 (Edmonds, WA)

      School Name Distance Type Grades School Rating Parent Rating
      Westgate Elementary School 0.4 mi Public K-6 4 0
      Sherwood Elementary School 0.6 mi Public K-6 4 0
      Scriber Lake High School 0.8 mi Public 9-12 0 0
      Edmunds Heights K-12 0.8 mi Public K-12 0 0
      Holy Rosary School 1.1 mi Catholic PRESCHOOL-8 0 0
      Madrona Nongraded 1.2 mi Public PRESCHOOL-8 4 0
      Northwests Child Edmonds Elementary School 1.4 mi Private - 0 0
      Edmonds Elementary School 1.4 mi Public K-6 4 0
      Lynndale Elementary School 1.4 mi Public K-6 3 0
      Crescendo Artistic Environment Schools 1.4 mi Private PRESCHOOL-3 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 98020 (Edmonds, WA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.