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Update: 67 New Homes in 19 Communities in Renton, Down 11 From March
April 25, 2014 by Rob Condiotty

Joan Posanke can be reached at Phone...

Renton, WA New Construction- April 2014

This article is an update of our March 2014 snapshot of the new home market in Renton, WA.

Renton Western Washington's ninth most active city for new homes in terms of total listings for sale and fifth in terms of total market value. There are 67 new homes across 19 communities for sale in Renton at this time, down from 78 new homes across 19 communities for sale in March 2014. For the latest information, please see our Renton new construction page which is updated on a daily basis.

Developments and New Home Prices in Renton

New home prices in Renton have remained relatively similar over the past month. Communities with homes in the lower price range include Galloway at the Highlands, a community of townhomes with just one available listing, half as many as last month. Other neighborhoods with lower price point single family homes include Ashbrook, which has one available listing in the high $300s and Gem Sunset, a community with one available listing priced in the low $400s. On the other end of the pricing spectrum, Claremont, a community with homes priced $700K and above, has six active listings.

New single family new homes in Renton have an average listing price of $596,284 for a 3,137 square foot home, or $190 per square foot. Over the last six months, the actual sales price for new single family home has averaged $564,707 for a 2,911 square foot home, or $194 per square foot.

Active Home Builders in Renton

Many of Western Washington's home builders are actively building new homes in Renton. Available homes from DR Horton, Toll Brothers Camwest and Quadrant have decreased in the last month. 

List of Active Home Builders- Renton

Toll Brothers Camwest (9)

DR Horton (7)

Lozier (5)

Vineyards Contruction (4)

American Classic Homes (4)

Quadrant Homes (4)

KBS Homes (3)

Schademan & Associates (3)

MainVue Homes (2)

Soundbuilt Northwest (2)

Camden (2)

Benjamin Ryan Communities (2)

JayMarc Homes (2)

Conner Homes (2)

Signature Custom Homes (2)

Gem Construction (2)

Soundbuilt Homes (1)

KBS Development (1)

Andrew Michael Construction (1)

Classic Concepts (1)

Harbour Homes (1)

Mitchell Fine Homes (1)

Renton Housing Supply and Demand

There are currently 2.6 months of residential housing supply in Renton, which indicates a seller's market. Last month, there was 2.3 months of supply. In March, 27% of the homes on the market in Renton were new homes, but in April, the market is composed of only 20% new homes. 

 

John L Scott - KMS, Kent North
Phone...