Today the Puget Sound Business Journal Released the 2009 Wealthiest Zip Codes. 98039 (Medina) tops the list with an average home price of $2.27 million and average household income is $214,371. Coming in at number two, 98053 (Redmond) averages homes for $1.99 million with $190,481 being the average household income. Within Redmond, the wealthiest neighborhoods are Redmond Ridge and Avondale. A surprise on the list this year is Carnation, which historically has been known as a farming community. People are now sacrificing a quick commute to downtown for space & privacy. Here is the full list of wealthiest ZIP codes: #1 Medina - 98039 #2 Redmond - 98053 (Redmond Ridge, Avondale) #3 Sammamish - 98075 (Pine Lake, Monohon) #4 Mercer Island - 98040 #5 Woodinville - 98077 (Bear Creek, Cottage Lake) #6 Sammamish - 98074 (Adelaide, Sahalee, Inglewood) #7 Bellevue - 98006 #8 Issaquah - 98029 #9 Woodinville - 98072 #10 Seattle - 98112 (Broadmoor, Madison Park, Washington Park, Montlake, Capitol Hill) #11 Issaquah - 98027 (Mirrormont) #12 Fox Island - 98333 (Sylvan, Shorewood Beach) #13 Bainbridge Island - 98110 #14 Seattle - 98177 (Richmond Beach, Innis Arden, The Highlands, Blue Ridge) #15 Bellevue - 98008 (Lake Hills, Vasa Park) #16 Duvall - 98019 (Duvall Park) #17 Bellevue - 98004 (Clyde Hill, Yarrow Point, Hunts Point, Beaux Arts) #18 Snohomish - 98296 (Bromart, Clearview, Maltby, Rees Corner, Larimer Corner, Maltby, Clearview, South Snohomish) #19 Snoqualmie - 98065 (Snoqualmie Falls, Sandy Cove Park, Centennial Fields) #20 Vashon - 98070 (Burton, Vashon Heights, Glenacres, Portage, Cedarhurst, Tahlequah, Gold Beach, Ellisport) #21 Kirkland - 98033 (Rose Hill, Earlmont, Willows) #22 Carnation - 98014 (Novelty, Memorial Park, Snoqualmie River) #23 Fall City - 98024 #24 Seattle - 98199 (Magnolia, Carleton Park, Lawton, Lawtonwood) #25 Auburn - 98092 (Muckleshoot Indian Reservation, Green River, Kummer).
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For the Fourth Month in a row now, Real Estate Sales in the North Seattle Area have contintued to rise. The National Association of Realtors attributes this to favorable housing affordability and the first-time buyer tax credit, which is good until December 1, 2009. The latest report from the Northwest Multiple Listing Service showed that buyers and sellers reached deals on 711 houses in Seattle, up around 24 percent from the previous year. The median house sales price was $399,000 in Seattle, down 16 percent from a year earlier. For more information visit: http://www.ballardnewstribune.com/2009/07/30/news/real-estate-news-home-sales-moving
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