Woodinville One of More Expensive Housing Markets in State

In a new study released last week, Coldwell Banker Real Estate LLC ranked Woodinville toward the top of the list of most expensive housing markets in the state.

Coldwell Banker Real Estate's Home Listing Report compares listing prices from September 2010 to March 2011 for four-bedroom, two-bathroom homes in more than 2,300 North American markets. The survey reviewed 58 real estate markets in Washington, and found Woodinville fell in at number 55, with 1 being the cheapest and 58 being the most expensive.

The average four-bedroom, two-bathroom house in Woodinville was listed at $610,530. That number put the city at 2,197 among all the U.S. markets in the survey, with 2,300 being the most expensive.

The most expensive city in the survey was Newport Beach, Calif., with an average home listing price of approximately $2.5 million for property listings meeting the subject home criteria. The most affordable U.S. market in the report was Niagara Falls, N.Y., which has an average home listing price of approximately $61,000.

Spokane was the most affordable markets in the state, with an average four-bedroom, two-bathroom home listing price of approximately $189,551. Mercer Island, at a $1,143,521 average listing for the same type of home, was the state’s most expensive market. The average four-bedroom, two-bathroom home in Washington overall was $364,771, compared to the national average of $293,251,   

Here is a complete list of the Washington markets featured in the 2011 Coldwell Banker Home Listing Report:  

Washington

Market Name

State Rank

National Rank

 Average Price

SPOKANE

1

661

$189,551

SPANAWAY

2

796

$201,660

SPOKANE VALLEY

3

921

$212,674

PASCO

4

1,144

$238,331

WALLA WALLA

5

1,221

$247,238

CHENEY

6

1,236

$249,300

YAKIMA

7

1,241

$249,871

LONGVIEW

8

1,262

$252,405

EVERETT

9

1,308

$257,591

CLARKSTON

10

1,315

$257,909

KENNEWICK

11

1,319

$258,322

CENTRALIA

12

1,332

$259,480

VANCOUVER

13

1,356

$263,767

LAKEWOOD

14

1,358

$264,279

PORT ORCHARD

15

1,387

$268,100

PUYALLUP

16

1,432

$276,124

KENT

17

1,488

$286,658

MARYSVILLE

18

1,500

$288,656

BATTLE GROUND

19

1,504

$289,089

EAST WENATCHEE

20

1,512

$292,112

WEST RICHLAND

21

1,533

$298,294

OAK HARBOR

22

1,537

$299,113

TACOMA

23

1,541

$299,352

UNIVERSITY PLACE

24

1,545

$299,732

RICHLAND

25

1,587

$307,903

ARLINGTON

26

1,590

$309,272

LYNNWOOD

27

1,594

$310,571

LACEY

28

1,602

$313,097

WENATCHEE

29

1,606

$314,639

LAKE STEVENS

30

1,647

$325,604

FEDERAL WAY

31

1,657

$330,071

WASHOUGAL

32

1,671

$334,700

CHEHALIS

33

1,681

$337,085

ELLENSBURG

34

1,691

$340,692

OCEAN SHORES

35

1,707

$345,119

PORT ANGELES

36

1,733

$350,780

MAPLE VALLEY

37

1,734

$350,833

CAMAS

38

1,737

$351,164

MT VERNON

39

1,743

$352,164

OLYMPIA

40

1,761

$359,399

MONROE

41

1,782

$366,381

MILL CREEK

42

1,786

$367,268

FERNDALE

43

1,829

$382,355

BOTHELL

44

1,853

$388,382

MOSES LAKE

45

1,896

$404,626

BELLINGHAM

46

1,933

$419,515

SNOHOMISH

47

1,948

$425,893

GIG HARBOR

48

1,971

$438,691

RENTON

49

1,991

$449,955

EDMONDS

50

2,074

$501,300

ISSAQUAH

51

2,145

$552,224

KIRKLAND

52

2,163

$572,751

SEATTLE

53

2,187

$599,367

REDMOND

54

2,194

$605,084

WOODINVILLE

55

2,197

$610,530

SAMMAMISH

56

2,198

$617,313

BELLEVUE

57

2,238

$678,842

MERCER ISLAND

58

2,312

$1,143,521