LUXURY RESIDENTIAL REPORT3RD QUARTER 2015 MARKET REPORT

FOCUSING ON $1 MILLION & ABOVE IN KING COUNTY

GENE DEXTERGene@Brazensir.com 206.604.1276 10138 Main StreetBellevue WA 98004

The news this quarter is positive - our market is happening! Strong Asian buyers and tech new hires want to buy our real estate. This is why we are Reigning Real Estate in Bellevue & Seattle!

At Brazen Sotheby’s International Realty, we pride ourselves with having amazing marketing, strong relationships, family values and full representation by our experienced brokers.

When a new property comes on the market, it deserves attention and interest quickly. We have the marketing tools and experience to get the exposure each property needs to be succeesful.

Gene Dexter

$394.9SINGLE FAMILY HOME AVERAGE PRICE PER SQ FOOT

SINGLE FAMILY HOME AVERAGE PRICE PER SQ FOOT

$416.3s

+11%PERCENTAGE INCREASE IN SFH WATERFRONT UNITS

SOLD BETWEEN YTD Q3 2014 AND Q3 2015

1,811 1,323

$13,800,000 MOST EXPENSIVE HOME SOLD IN 2015

ALL DATA AS IS FOR SINGLE FAMILY HOMES (SFH) OVER $1MILLION IN ALL OF KING COUNTY UNLESS SPECIFIED WATERFRONT

SFH WATERFRONT UNITS SOLD

201 $626.8

SFH WATERFRONT PRICE PER SQ FOOT

$602.7

SFH WATERFRONT PRICE PER SQ FOOT

YTDQ3

2015

YTDQ3

2014

SFH WATERFRONT AVERAGE DAYS ON MARKET 92 68 SFH WATERFRONT AVERAGE

DAYS ON MARKET

s

SINGLE FAMILY HOME AVERAGE SOLD PRICE $1,613,500SINGLE FAMILY HOME UNITS SOLD

MARKET REPORT Third Quarter 2015 Market Report | BRAZENSIR.COMBased on Information from the Northwest Multiple Listing Service. Compiled by Brazen Sotheby’s International Realty. Northwest Multiple Listing Service does not guarantee nor is in any way responsible for its accuracy and the data maintained may not reflect all real estate activity in the market. All reproduction of data requires BSIR’s written consent. Copyright 2015 Brazen Sotheby’s International Realty.

YTD Q3 2014 YTD Q3 2015 % CHANGEWEST BELLEVUENumber of Sales 25 15 -40.0%Total Dollar Volume $123,328,000 $77,273,000 -37.3%Average Sale Price $4,933,100 $5,151,500 4.4%Median Sale Price $4,000,000 $5,493,000 37.3%Average Days on Market 125 121 -3.2% Sold / List Price % 93.0% 95.8% 3.0%Average Price Per SQFT $1,008 $981 -2.6%Current Inventory in Units 15 16 6.7%

EAST BELLEVUE Number of Sales 20 21 5.0%Total Dollar Volume $40,949,000 $47,388,000 15.7%Average Sale Price $2,047,500 $2,256,600 10.2%Median Sale Price $1,647,000 $2,265,000 37.5%Average Days on Market 65 33 -49.2% Sold / List Price % 97.3% 95.4% -2.0%Average Price Per SQFT $522 $601 15.0%Current Inventory in Units 6 6 0.0%

WATERFRONT REPORTSINGLE FAMILY HOMES, $1 MILLION+

EnataiSold 7/7/15 $6,400,000

BellevueSold 9/2/15 $6,700,000

For more detailed 3Q information go to luxuryresidentialreport.com

MARKET REPORT Third Quarter 2015 Market Report | BRAZENSIR.COMBased on Information from the Northwest Multiple Listing Service. Compiled by Brazen Sotheby’s International Realty. Northwest Multiple Listing Service does not guarantee nor is in any way responsible for its accuracy and the data maintained may not reflect all real estate activity in the market. All reproduction of data requires BSIR’s written consent. Copyright 2015 Brazen Sotheby’s International Realty.

WATERFRONT REPORTSINGLE FAMILY HOMES, $1 MILLION+

YTD Q3 2014 YTD Q3 2015 % CHANGESEATTLENumber of Sales 33 43 30.3%Total Dollar Volume $60,474,000 $88,368,000 46.1%Average Sale Price $1,832,500 $2,055,100 12.1%Median Sale Price $1,625,000 $1,705,000 4.9%Average Days on Market 106 53 -50.0% Sold / List Price % 96.7% 97.9% 1.2%Average Price Per SQFT $492 $655 33.0%Current Inventory in Units 36 17 -52.8%

KIRKLAND Number of Sales 11 13 18.2%Total Dollar Volume $31,042,000 $27,260,000 -12.2%Average Sale Price $2,822,000 $2,096,900 -25.7%Median Sale Price $2,545,000 $2,050,000 -19.4%Average Days on Market 60 45 -25.0% Sold / List Price % 90.8% 95.9% 5.6%Average Price Per SQFT $940 $685 -27.1%Current Inventory in Units 8 13 62.5%

MERCER ISLAND Number of Sales 32 32 0.0%Total Dollar Volume $100,120,000 $100,890,000 0.8%Average Sale Price $3,128,800 $3,152,800 0.8%Median Sale Price $2,750,000 $2,800,000 1.8%Average Days on Market 91 121 33.0% Sold / List Price % 95.4% 92.6% -2.9%Average Price Per SQFT $679 $688 1.3%Current Inventory in Units 29 22 -24.1%

Yarrow PointSold 8/19/15

$6,590,000

For more detailed 3Q information go to luxuryresidentialreport.com

Average Price Per SQFT, Q3 2015,Mercer Island

$688For more detailed 3Q information go to luxuryresidentialreport.com

MARKET REPORT Third Quarter 2015 Market Report | BRAZENSIR.COMBased on Information from the Northwest Multiple Listing Service. Compiled by Brazen Sotheby’s International Realty. Northwest Multiple Listing Service does not guarantee nor is in any way responsible for its accuracy and the data maintained may not reflect all real estate activity in the market. All reproduction of data requires BSIR’s written consent. Copyright 2015 Brazen Sotheby’s International Realty.

YTD Q3 2014 YTD Q3 2015 % CHANGEWEST BELLEVUENumber of Sales 194 246 26.8%Total Dollar Volume $437,195,000 $572,224,000 30.9%Average Sale Price $2,253,600 $2,326,100 3.2%Median Sale Price $1,786,000 $1,942,000 8.7%Average Days on Market 44 41 -6.8% Sold / List Price % 96.7% 98.1% 1.4%Average Price Per SQFT $572 $574 0.4%Current Inventory in Units 82 76 -7.3%

EAST BELLEVUE Number of Sales 46 61 32.6%Total Dollar Volume $72,604,000 $96,833,000 33.4%Average Sale Price $1,578,300 $1,587,400 0.6%Median Sale Price $1,247,000 $1,325,000 6.3%Average Days on Market 56 40 -28.6% Sold / List Price % 98.2% 97.3% -0.9%Average Price Per SQFT $399 $441 10.6%Current Inventory in Units 15 20 33.3%

BELLEVUE REPORTSINGLE FAMILY HOMES, $1 MILLION+

BellevueSold 7/7/15 $2,638,000

West BellevueSold 8/22/15 $3,700,000

West BellevueSold 9/30/15 $3,750,000

Number of sales in Q3, 2015,West Bellevue

246

For more detailed 3Q information go to luxuryresidentialreport.com

MARKET REPORT Third Quarter 2015 Market Report | BRAZENSIR.COMBased on Information from the Northwest Multiple Listing Service. Compiled by Brazen Sotheby’s International Realty. Northwest Multiple Listing Service does not guarantee nor is in any way responsible for its accuracy and the data maintained may not reflect all real estate activity in the market. All reproduction of data requires BSIR’s written consent. Copyright 2015 Brazen Sotheby’s International Realty.

POINTS REPORTSINGLE FAMILY HOMES, $1 MILLION+

YTD Q3 2014 YTD Q3 2015 % CHANGEMEDINANumber of Sales 40 40 0.0%Total Dollar Volume $115,780,000 $99,198,000 -14.3%Average Sale Price $2,894,500 $2,480,000 -14.3%Median Sale Price $2,273,000 $2,123,000 -6.6%Average Days on Market 61 45 -26.2% Sold / List Price % 96.8% 98.0% 1.2%Average Price Per SQFT $699 $639 -8.6%Current Inventory in Units 15 9 -40.0%

CLYDE HILL Number of Sales 28 46 64.3% Total Dollar Volume $55,158,000 $111,724,000 102.6%Average Sale Price $1,969,900 $2,428,800 23.3%Median Sale Price $1,752,000 $1,958,000 11.8%Average Days on Market 20 51 155.0% Sold / List Price % 98.4% 98.0% -0.4%Average Price Per SQFT $493 $553 12.2%Current Inventory in Units 9 16 77.8%

YARROW POINT Number of Sales 11 17 54.5%Total Dollar Volume $31,878,000 $52,582,000 64.9%Average Sale Price $2,898,000 $3,093,100 6.7%Median Sale Price $1,895,000 $2,998,000 58.2%Average Days on Market 50 74 48.0% Sold / List Price % 96.2% 96.8% 0.6%Average Price Per SQFT $616 $668 8.4%Current Inventory in Units 10 5 -50.0%

HUNTS POINT Number of Sales 5 9 80.0%Total Dollar Volume $34,150,000 $33,068,000 -3.2%Average Sale Price $6,830,000 $3,679,200 -46.2%Median Sale Price $7,100,000 $2,500,000 -64.8%Average Days on Market 157 56 -64.3% Sold / List Price % 90.4% 97.3% 7.6%Average Price Per SQFT $1,416 $917 -35.2%Current Inventory in Units 4 7 75.0%

MedinaSold 9/25/15 $3,800,000

Clyde HillSold 7/31/15 $4,250,000

Yarrow PointSold 7/21/15 $4,920,000

Number of sales in Q3, 2015,West Bellevue

246

MARKET REPORT Third Quarter 2015 Market Report | BRAZENSIR.COMBased on Information from the Northwest Multiple Listing Service. Compiled by Brazen Sotheby’s International Realty. Northwest Multiple Listing Service does not guarantee nor is in any way responsible for its accuracy and the data maintained may not reflect all real estate activity in the market. All reproduction of data requires BSIR’s written consent. Copyright 2015 Brazen Sotheby’s International Realty.

YTD Q3 2014 YTD Q3 2015 % CHANGEWEST SEATTLE (AREA 140)Number of Sales 37 53 43.2%Total Dollar Volume $45,387,000 $68,829,000 51.6%Average Sale Price $1,226,700 $1,298,700 5.9%Median Sale Price $1,150,000 $1,180,000 2.6%Average Days on Market 60 44 -26.7% Sold / List Price % 95.9% 99.2% 3.4%Average Price Per SQFT $358 $393 9.6%Current Inventory in Units 27 18 -33.3%

SOUTHEAST SEATTLE (AREA 380) Number of Sales 28 32 14.3%Total Dollar Volume $43,038,000 $48,055,000 11.7%Average Sale Price $1,537,100 $1,501,700 -2.3%Median Sale Price $1,440,000 $1,285,000 -10.8%Average Days on Market 54 45 -16.7% Sold / List Price % 97.1% 98.1% 1.0%Average Price Per SQFT $337 $388 15.2%Current Inventory in Units 20 10 -50.0%

CENTRAL SEATTLE (AREA 390) Number of Sales 134 185 38.1%Total Dollar Volume $234,190,000 $303,074,000 29.4%Average Sale Price $1,747,700 $1,638,200 -6.3%Median Sale Price $1,504,000 $1,457,000 -3.1%Average Days on Market 53 35 -34.0% Sold / List Price % 98.4% 101.1% 2.7%Average Price Per SQFT $439 $478 9.0%Current Inventory in Units 63 48 -23.8%

SEATTLE REPORTSINGLE FAMILY HOMES, $1 MILLION+

Washington ParkSold 9/17/15 $2,267,500

SeattleSold 8/10/15 $2,800,000

LeschiSold 8/13/15 $2,500,000

MARKET REPORT Third Quarter 2015 Market Report | BRAZENSIR.COMBased on Information from the Northwest Multiple Listing Service. Compiled by Brazen Sotheby’s International Realty. Northwest Multiple Listing Service does not guarantee nor is in any way responsible for its accuracy and the data maintained may not reflect all real estate activity in the market. All reproduction of data requires BSIR’s written consent. Copyright 2015 Brazen Sotheby’s International Realty.

SEATTLE REPORTSINGLE FAMILY HOMES, $1 MILLION+

YTD Q3 2014 YTD Q3 2015 % CHANGENORTH SEATTLE (AREA 710)Number of Sales 71 119 67.6%Total Dollar Volume $105,585,000 $173,465,000 64.3%Average Sale Price $1,487,100 $1,457,700 -2.0%Median Sale Price $1,330,000 $1,244,000 -6.5%Average Days on Market 31 23 -25.8% Sold / List Price % 99.8% 101.6% 1.8%Average Price Per SQFT $402 $424 5.6%Current Inventory in Units 30 29 -3.3%

QUEEN ANNE / MAGNOLIA (AREA 700) Number of Sales 102 129 26.5% Total Dollar Volume $158,942,000 $199,920,000 25.8%Average Sale Price $1,558,300 $1,549,800 -0.5%Median Sale Price $1,355,000 $1,300,000 -4.1%Average Days on Market 55 43 -21.8% Sold / List Price % 98.5% 99.9% 1.4%Average Price Per SQFT $420 $422 0.6%Current Inventory in Units 48 49 2.1%

S

LeschiSold 8/13/15 $2,500,000

Sand PointSold 9/24/15

$2,365,000

Madison ParkSold 7/15/15 $2,595,000

For more detailed 3Q information go to luxuryresidentialreport.com

Average Price Per SQFT in Q3, 2015,Queen Anne, Magnolia Area

$422

MARKET REPORT Third Quarter 2015 Market Report | BRAZENSIR.COMBased on Information from the Northwest Multiple Listing Service. Compiled by Brazen Sotheby’s International Realty. Northwest Multiple Listing Service does not guarantee nor is in any way responsible for its accuracy and the data maintained may not reflect all real estate activity in the market. All reproduction of data requires BSIR’s written consent. Copyright 2015 Brazen Sotheby’s International Realty.

YTD Q3 2014 YTD Q3 2015 % CHANGEKIRKLANDNumber of Sales 111 160 44.1%Total Dollar Volume $169,112,000 $236,646,000 39.9%Average Sale Price $1,523,500 $1,479,000 -2.9%Median Sale Price $1,300,000 $1,361,000 4.7%Average Days on Market 46 38 -17.4% Sold / List Price % 96.1% 99% 3.0%Average Price Per SQFT $404 $413 2.3%Current Inventory in Units 62 67 8.1%

REDMOND Number of Sales 47 84 78.7%Total Dollar Volume $63,863,000 $102,733,000 60.9%Average Sale Price $1,358,800 $1,223,000 -10.0%Median Sale Price $1,225,000 $1,110,000 -9.4%Average Days on Market 83 44 -47.0% Sold / List Price % 96.7% 99.1% 2.5%Average Price Per SQFT $289 $290 0.3%Current Inventory in Units 38 29 -23.7%

520 CORRIDOR REPORTSINGLE FAMILY HOMES, $1 MILLION+

KirklandSold 7/24/15

$2,775,000

KirklandSold 8/12/15

$2,900,000KirklandSold 8/31/15

$2,950,000

Windermere Sold 6/13/2015

$3,200,000

MARKET REPORT Third Quarter 2015 Market Report | BRAZENSIR.COMBased on Information from the Northwest Multiple Listing Service. Compiled by Brazen Sotheby’s International Realty. Northwest Multiple Listing Service does not guarantee nor is in any way responsible for its accuracy and the data maintained may not reflect all real estate activity in the market. All reproduction of data requires BSIR’s written consent. Copyright 2015 Brazen Sotheby’s International Realty.

I-90 CORRIDOR REPORTSINGLE FAMILY HOMES, $1 MILLION+

YTD Q3 2014 YTD Q3 2015 % CHANGEMERCER ISLANDNumber of Sales 145 185 27.6%Total Dollar Volume $274,177,000 $334,438,000 22%Average Sale Price $1,890,900 $1,807,800 -4.4%Median Sale Price $1,508,000 $1,470,000 -2.5% Average Days on Market 59 48 -18.6% Sold / List Price % 96.8% 97.3% 0.5%Average Price Per SQFT $453 $465 2.6%Current Inventory in Units 66 47 -28.8%

ISSAQUAH Number of Sales 39 43 10.3% Total Dollar Volume $54,374,000 $61,753,000 13.6%Average Sale Price $1,394,200 $1,436,100 3.0%Median Sale Price $1,225,000 $1,200,000 -2.0%Average Days on Market 54 57 5.6% Sold / List Price % 96.6% 97.1% 0.5%Average Price Per SQFT $290 $343 18.5%Current Inventory in Units 16 20 25.0%

Mercer IslandSold 8/14/15 $2,595,000

Mercer IslandSold 8/18/15 $4,250,000

For more detailed 3Q information go to luxuryresidentialreport.com

Number of sales in Q3, 2015,Mercer Island

185

MARKET REPORT Third Quarter 2015 Market Report | BRAZENSIR.COMBased on Information from the Northwest Multiple Listing Service. Compiled by Brazen Sotheby’s International Realty. Northwest Multiple Listing Service does not guarantee nor is in any way responsible for its accuracy and the data maintained may not reflect all real estate activity in the market. All reproduction of data requires BSIR’s written consent. Copyright 2015 Brazen Sotheby’s International Realty.

YTD Q3 2014 YTD Q3 2015 % CHANGEWEST BELLEVUENumber of Sales 18 22 22.2%Total Dollar Volume $25,321,000 $28,616,000 13.0%Average Sale Price $1,406,700 $1,300,700 -7.5%Median Sale Price $1,199,000 $1,231,000 2.7%Average Days on Market 81 127 56.8% Sold / List Price % 97.9% 93.9% -4.1%Average Price Per SQFT $615 $615 0.0%Current Inventory in Units 17 25 47.1%

EAST BELLEVUE Number of Sales 0 2 *Total Dollar Volume $0 $3,091,000 *Average Sale Price $0 $1,545,500 *Median Sale Price $0 $1,545,000 *Average Days on Market 0 8 *Sold / List Price % 0.0% 99.9% *Average Price Per SQFT $0 $643 *Current Inventory in Units 0 0 *

CONDO REPORTSINGLE FAMILY HOMES, $1M+CONDO REPORTSINGLE FAMILY HOMES, $1 MILLION+

HoughtonSold 8/5/15 $1,344,000

SeattleSold 8/4/15 $1,295,000

KirklandSold 7/4/15 $1,225,000

MARKET REPORT Third Quarter 2015 Market Report | BRAZENSIR.COMBased on Information from the Northwest Multiple Listing Service. Compiled by Brazen Sotheby’s International Realty. Northwest Multiple Listing Service does not guarantee nor is in any way responsible for its accuracy and the data maintained may not reflect all real estate activity in the market. All reproduction of data requires BSIR’s written consent. Copyright 2015 Brazen Sotheby’s International Realty.

CONDO REPORTSINGLE FAMILY HOMES, $1 MILLION+

YTD Q3 2014 YTD Q3 2015 % CHANGESEATTLENumber of Sales 79 120 51.9%Total Dollar Volume $131,886,000 $170,503,000 29.3%Average Sale Price $1,669,400 $1,420,900 -14.9%Median Sale Price $1,500,000 $1,291,000 -13.9% Average Days on Market 115 36 -68.7% Sold / List Price % 95.8% 98.3% 2.6%Average Price Per SQFT $774 $789 1.9%Current Inventory in Units 57 74 29.8% KIRKLAND Number of Sales 24 24 -0.0% Total Dollar Volume $36,444,000 $33,323,000 -8.6%Average Sale Price $1,518,500 $1,388,500 -8.6%Median Sale Price $1,272,000 $1,281,000 0.7%Average Days on Market 74 54 -27.0% Sold / List Price % 97.8% 96.3% -1.5%Average Price Per SQFT $553 $534 -3.6%Current Inventory in Units 9 9 0.0%

MERCER ISLAND Number of Sales 1 2 100.0% Total Dollar Volume $1,150,000 $2,086,000 81.4%Average Sale Price $1,150,000 $1,043,000 -9.3% Median Sale Price $1,150,000 $1,043,000 -9.3%Average Days on Market 13 29 123.1%Sold / List Price % 100.1% 95.4% -4.7%Average Price Per SQFT $523 $482 -7.7%Current Inventory in Units 1 0 -100.0%

KirklandSold 9/22/15

$1,335,000

For more detailed 3Q information go to luxuryresidentialreport.com

Average Days on Market in Q3, 2015Kirkland

54

California $21,500,000

SIGNIFICANT SALES WITHIN OUR SOTHEBY’S

INTERNATIONAL REALTY® FAMILY

WORLD WIDE SIGNIFICANT SALES BEYOND SEATTLE/BELLEVUE, BEYOND EXTRAORDINARY

Florida $17,200,000

Texas $15,000,000

Colorado $17,500,000

New York_$15,000,000

Conneticut $17,000,000

WORLD WIDE SIGNIFICANT SALES BEYOND SEATTLE/BELLEVUE, BEYOND EXTRAORDINARY

Colorado $17,500,000

Turks & Caicos $15,100,000 Florida $18,550,000

New York $22,900,000Florida $19,000,000

We Are Luxury Waterfront.

Brazen Sotheby’s International Realty knows the luxury waterfront market. Check our our exclusive listings at:

www.bsirwaterfront.com

Joseph Cell 425-531-0109 | Randi Cell 425-864-7083 | joseph@brazensir.com and randi@brazensir.com

Presented By

Yarrow Point $3,950,000Alki $2,850,000 Kirkland $2,225,500