Magnolia, Seattle Real Estate Market Report

If you are thinking about selling your home or are looking to buy in Magnolia, the best way to navigate  one of the most desirable neighborhoods in the city is by knowing the current market conditions. Details like the sold price, month supply and days on market can clue you in. Your Magnolia, Seattle realtor will be able to provide you with all these details making it important to choose a qualified and experienced realtor in Magnolia, Seattle. We work on your behalf to not only guide you through the transaction but act as your advocate throughout the process and beyond. So how is this neighborhood looking this month? Let’s take a look at the numbers!

As far as the average and median sold prices for homes for sale in Magnolia, Seattle goes, prices are up compared to both this time last year AND just last month. The average is up 16.3% at $1,095,401. The median sold price is up 20.8% at $966,250. To understand how much negotiation room you have, the average percentage of list price for this neighborhood is at 102.6%. This number is down from last month as well as this time last year. Your realtor in Magnolia, Seattle will further explain how you can use this number to your benefit but in a nutshell, it helps with negotiations.

The amount of Magnolia, Seattle homes for sale is up 26.1% while the amount of new listings is down 7%. Closed sales are down 22.7% and pending sales are down 19.1%. The current month supply is still low, but it is up 41.7% at 1.7. This is up from last year and last month. Anything 6 or over is considered balanced while anything less than 4 is a seller’s market. The median days on market for Magnolia, Seattle homes for sale is 10 while the average is 22.

If you are looking for a Magnolia, Seattle Realtor or Magnolia, Seattle homes for sale, feel free to give us a call. Our team would be happy to help!


Posted on December 15, 2018 at 2:50 am
Scott, Molly & Sarah Shutes | Posted in Uncategorized |

Queen Anne, Seattle Real Estate Market Report

If you are interested in buying or listing homes for sale in Queen Anne, Seattle, it is important to know what is happening in the local market. Finding out the month supply, sold prices, percentage of list price and days on market can help both buyers and sellers achieve success. As a buyer, you get an idea of what the competition is like, how fast you need to move and what to offer. As a seller, you understand what to price at and how quickly your Queen Anne, Seattle real estate may sell OR sit on the market. The best way to get this information is from an experienced Queen Anne, Seattle realtor. So how is the current market doing? Let’s look!

The average and median sold prices for homes for sale in Queen Anne, Seattle are up compared to this time last year AND last month. The average sold price is up 9.5% from this time last year at $1,005,980. The median sold price is up 11.2% from last year at $885,000. The average percentage of list price is down from this time last year at 102.3% for this neighborhood. Your realtor in Queen Anne, Seattle can explain how this number can be used to your benefit, but in a nutshell, it indicates your negotiation power and tells us how much of the asking price Queen Anne, Seattle homes for sale are getting.

As far as inventory in this neighborhood is concerned, the amount of Queen Anne, Seattle homes for sale is up 61.8% while the amount of new listings is up 7.2%. Closed sales are down 24.4% while pending sales are down 21.3%. The month supply is up 70% and is now at 1.7. To understand month supply, it tells us who has control of the Queen Anne, Seattle real estate market. Anything 6 or over is considered balanced while anything less than 4 is a seller’s market. Both the average and median days on market are down. The median days on market for Queen Anne, Seattle homes for sale is 10 while the average is 23. If you are looking for a Queen Anne, Seattle Realtor or Queen Anne, Seattle homes for sale, feel free to give us a call. Our team would be happy to help!


Posted on December 10, 2018 at 2:31 am
Scott, Molly & Sarah Shutes | Posted in Uncategorized |

Ballard, Seattle Real Estate Market Report

If you are thinking of buying or listing homes for sale in Ballard, Seattle, this winter, starting your journey off with some market knowledge is the best way to get started. After choosing a Ballard, Seattle realtor who is experienced and knows the market, of course. Both buyers and sellers can stand to gain by finding out what is happening in the local market and the neighborhoods they are interested in. Things like percentage of list price, sold prices, demand and days on market provide valuable insight that can guide both parties. So how is this neighborhood looking? Let’s check out the numbers.

The good news for sellers is that the sold prices for homes for sale in Ballard, Seattle are up compared to this time last year. The average is up 8.9% from this time last year at $799,007. The median sold price is up 5.4% from last year at $775,000. The average percentage of list price is down 1.8% from last year at 103.8%. Your realtor in Ballard, Seattle will further explain how you can use this number to your benefit, but it basically tells you what your negotiation power is. It also suggests that even though the market is cooling, Ballard, Seattle homes for sale are still getting at least asking on average. As far as inventory, the amount of new listings is up 3.5%. The amount of homes for sale in Ballard, Seattle are up 129.4%. Closed sales are down 25.8% and pending sales are down 26.8%. The month supply is up 175% at 1.1. The average days on market is up at 14 while the median is at 7. These numbers do change, so it is important to work with your realtor for the most accurate information. If you are looking for a Ballard, Seattle Realtor or Ballard, Seattle homes for sale, feel free to give us a call. Our team would be happy to help!


Posted on December 5, 2018 at 2:18 am
Scott, Molly & Sarah Shutes | Posted in Uncategorized |

Seattle Real Estate Market Report

If you are selling or buying Seattle, WA homes for sale, you should know the current market trends of the areas you are looking in. When you do your research, you can find out sold prices, month supply and days on market which provides incredible insight that you can use as both a buyer and a seller. Asking your experienced Seattle, WA realtor is the best resource for this information. While our market is no longer an intensely competitive atmosphere, it is still considered to be one of the most expensive in the nation. The best way to achieve success for both parties is by using a realtor in Seattle, WA. We have all the tools and real time data that gives us an accurate market analysis. So how is the Seattle real estate market looking? Let’s check it out!

While the Seattle real estate market has actually cooled, the average sold price for homes for sale in Seattle is up 11.5% at $813,344 from this time last year. The median sold price for Seattle, WA homes for sale is up 9.2% from this time last year at $709,000. The average percentage of list price, however, is down 1.3% from this time last year at 103%. This is also down from last month as well. With the market cooling, this is to be expected.

As far as inventory is concerned, the amount of new listings has increased 12.4% which is great for buyers. Homes for sale in Seattle, WA in general are also up 60.9%. Pending sales and closed sales are both down around 10%. The month supply for Seattle real estate is actually up 66.7% at 1.50. Which is up from both this time last year and last month. We need a 6 month supply to be considered balanced and anything less than 4 is a seller’s market, which we are clearly still in. Days on market are 8 for the median and 20 for the average. If you are looking for a Seattle Realtor or Seattle homes for sale, feel free to give our team a call. We would be happy to help!


Posted on December 2, 2018 at 2:06 am
Scott, Molly & Sarah Shutes | Posted in Uncategorized |

Ballard, Seattle Real Estate Update

If you are thinking of buying or listing homes for sale in Ballard, Seattle, this winter, you came to the right spot. The first thing to do is you choose a Ballard, Seattle realtor who is experienced and knows the market. There are a lot of details both buyers and sellers will want to find out about the local market that will help guide both parties. Knowing the market value, sold prices, demand and days on market provide valuable insight. The best way to get this information is from a Ballard, Seattle realtor. We have access to local data that isn’t readily available otherwise, or can be hard to understand. So how is this neighborhood looking? Let’s check out the numbers.

The good news for sellers is that the sold prices for homes for sale in Ballard, Seattle are up compared to this time last year. The average is up 11.4% from this time last year at $888,943. The median sold price is up 7.1% from last year at $831,000. The average percentage of list price is down 0.1% from last year at 104.4%. Your realtor in Ballard, Seattle will further explain how you can use this number to your benefit, but it basically tells you your negotiation power and that Ballard, Seattle homes for sale are getting over asking on average. As far as inventory, the amount of new listings is down 8.8%. Closed sales are down 32.8% and pending sales are down 32.9%. The month supply is up and the average days on market is around 11. These numbers do change, so it is important to work with your realtor for the most accurate information. If you are looking for a Ballard, Seattle Realtor or Ballard, Seattle homes for sale, feel free to give us a call. Our team would be happy to help!


Posted on November 10, 2018 at 6:02 pm
Scott, Molly & Sarah Shutes | Posted in Uncategorized |

Magnolia, Seattle Real Estate Update

If you are thinking about listing or buying Magnolia, Seattle homes for sale, the best way to navigate  one of the most sought after neighborhoods in the city is by knowing what is happening in the local market. Finding out the sold prices and days on market can help guide you as you figure out how much your budget is or what to list at. Your Magnolia, Seattle realtor will be able to provide you with all these details as they have access to what is going on in this neighborhood. It is important to choose a qualified and experienced realtor in Magnolia, Seattle as we act as your guide and your advocate throughout the process and beyond. So how is this neighborhood looking this month? Let’s take a look at the numbers!

As far as the average and median sold prices for homes for sale in Magnolia, Seattle goes, prices are up compared to both this time last year AND just last month. The average is up 13.5% at $1,074,204. The median sold price is up 19.9% at $950,000. To understand how much negotiation room you have, the average percentage of list price for this neighborhood is at 103%. This number is down from last month as well as this time last year. Your realtor in Magnolia, Seattle will further explain how you can use this number to your benefit but in a nutshell, it helps with negotiations.

The amount of Magnolia, Seattle homes for sale is up 21.7% while the amount of new listings is down 7.6%. Closed sales are down 22.7% and pending sales are down 22.5%. The current month supply is still low, but it is up 33.3% at 1.6. This is up from last year and last month. Anything 6 or over is considered balanced while anything less than 4 is a seller’s market. The median days on market for Magnolia, Seattle homes for sale is 9 while the average is 23.

If you are looking for a Magnolia, Seattle Realtor or Magnolia, Seattle homes for sale, feel free to give us a call. Our team would be happy to help!


Posted on November 6, 2018 at 11:47 pm
Scott, Molly & Sarah Shutes | Posted in Uncategorized |

Seattle, WA Real Estate Update

If you are purchasing or listing Seattle, WA homes for sale, you should know what is happening in the market and the areas you are looking in. When you do your research, you can find out sold prices, month supply and days on market which provides incredible insight that you can use as both a buyer and a seller. Asking your experienced Seattle, WA realtor is the best resource for this information. We have all the tools and real time data that gives us an accurate market analysis. So how is the Seattle real estate market looking? Let’s check it out!

While the Seattle real estate market has actually cooled, sellers still get good news with prices still going up. The average sold price for homes for sale in Seattle is up 12.5% at $809,443 from this time last year. Median sold price for Seattle, WA homes for sale is up 11.3% from this time last year at $707,000. These numbers are both up from last month as well. The average percentage of list price, however, is down 1.4% from this time last year at 103.4%.

Sellers aren’t the only ones who get good news. Buyers do too. The amount of new listings went up 12.3% which means more inventory to choose from. Homes for sale in Seattle, WA in general are also up 46%. Pending sales and closed sales are both down around 9.1%. The month supply for Seattle real estate is actually up 55.6% at 1.40. Which is up from both this time last year and last month. We need a 6 month supply to be considered balanced and anything less than 4 is a seller’s market, which we are clearly still in. Days on market are 8 for the median and 19 for the average. While the housing market is cooling off, inventory is still low. Your best way to have success in a market that has some of the most expensive inventory in the nation is by using a realtor in Seattle, WA. If you are looking for a Seattle Realtor or Seattle homes for sale, feel free to give our team a call. We would be happy to help!


Posted on November 1, 2018 at 11:01 pm
Scott, Molly & Sarah Shutes | Posted in Uncategorized |

Ballard, Seattle Real Estate Update

Whether you are looking at buying or listing homes for sale in Ballard, Seattle, you will want to align yourself with a Ballard, Seattle realtor. There are a lot of details both buyers and sellers will want to find out about the local market that will help guide both parties. Knowing the market value, sold prices, demand and days on market provide valuable insight. The best way to get this information is from a Ballard, Seattle realtor. We have real time access to local data that isn’t readily available otherwise. So how is this neighborhood looking? Let’s check out the numbers.

The good news for sellers it that the sold prices for homes for sale in Ballard, Seattle are up compared to this time last year. The average is up 12.2% from this time last year AND last month at $793,885. The median sold price is up 9.7% from last year at $784,000. The average percentage of list price is down 0.2% from last year at 104.8%. Your realtor in Ballard, Seattle will further explain how you can use this number to your benefit, but it basically tells you your negotiation power and that Ballard, Seattle homes for sale are getting over asking on average.

As far as inventory in this neighborhood is concerned, the amount of Ballard, Seattle homes for sale is up 55.6% while the amount of new listings is down 3.7%. Closed sales are down 22.5% and pending sales are down 23.1%. The month supply is up 100% from this time last year at 0.8. This is also up from last month. This number tells us who has control of the Ballard, Seattle real estate market. Anything less than a 4 month supply is a seller’s market while anything over a 6 month supply is considered balanced. Both the average and median days on market are down. The median days on market for Ballard, Seattle homes for sale is 7 while the average is 12. If you are looking for a Ballard, Seattle Realtor or Ballard, Seattle homes for sale, feel free to give us a call. Our team would be happy to help!


Posted on October 25, 2018 at 8:37 pm
Scott, Molly & Sarah Shutes | Posted in Uncategorized |

Queen Anne, Seattle Real Estate Update

If you are interested in buying or listing homes for sale in Queen Anne, Seattle, it is important to understand the current market conditions. Just like you would any major purchase or sale, doing your research on the demand, comparable solds, prices and the market in general can guide you as both a buyer and a seller. As a seller, you understand what to price at and how quickly your Queen Anne, Seattle real estate may sit on the market. As a buyer, you get an idea of what the competition is like, how fast you need to move and what to offer. The best way to get this information is from an experienced Queen Anne, Seattle realtor. We have access to real time market stats that help us guide our clients. So how is the current market doing? Let’s look!

The average and median sold prices for homes for sale in Queen Anne, Seattle are up compared to this time last year AND last month. In fact, this neighborhood joins the over a million club thanks to an average that is up 11% from this time last year at $1,002,710. The median sold price is up 10% from last year at $875,000. The average percentage of list price is up from this time last year and is now at 103.3% for this neighborhood. Your realtor in Queen Anne, Seattle can explain how this number can be used to your benefit, but in a nutshell, it indicates your negotiation power.

As far as inventory in this neighborhood is concerned, the amount of Queen Anne, Seattle homes for sale is up 35.3% while the amount of new listings is up 9.8%. Closed sales are down 15.3% while pending sales are down 16.1%. The month supply is up 40% and is now at 1.4. To understand month supply, it tells us who has control of the Queen Anne, Seattle real estate market. Anything 6 or over is considered balanced while anything less than 4 is a seller’s market. Both the average and median days on market are down. The median days on market for Queen Anne, Seattle homes for sale is 9 while the average is 20. If you are looking for a Queen Anne, Seattle Realtor or Queen Anne, Seattle homes for sale, feel free to give us a call. Our team would be happy to help!


Posted on October 14, 2018 at 7:57 pm
Scott, Molly & Sarah Shutes | Posted in Uncategorized |

Magnolia, Seattle Real Estate Update

Thinking of listing and buying Magnolia, Seattle homes for sale? As one of the most sought after neighborhoods in the city, it is important to be informed on what is happening in this particular area. Finding out the sold prices, demand, days on market and more can help guide you as you decide what offer to make or accept. Your Magnolia, Seattle realtor will be able to provide you with all these details as they have access to what is going on in this neighborhood. It is important to choose a qualified and experienced realtor in Magnolia, Seattle as they act as your guide and your advocate from the beginning of the journey and beyond. So how is this neighborhood looking this month? Let’s take a look at the numbers!

As far as the average and median sold prices for homes for sale in Magnolia, Seattle goes, prices are up compared to both this time last year and last month. The average is up 13% at $1,054,590. The median sold price is up 20.4% at $940,000. To understand how much negotiation room you have, the average percentage of list price for this neighborhood is at 103.4%. This number indicates your negotiation power while also telling us that properties in this area are going, on average, for asking and maybe over in some scenarios. Your realtor in Magnolia, Seattle will further explain how you can use this number to your benefit.

The amount of Magnolia, Seattle homes for sale is up 15.2% while the amount of new listings is down 7.1%. Closed sales are down 20.4% and pending sales are down 22.7%. The current month supply is still low, but it is up 25% at 1.5. Anything 6 or over is considered balanced while anything less than 4 is a seller’s market. The median days on market for Magnolia, Seattle homes for sale is 8 while the average is 23.

 

If you are looking for a Magnolia, Seattle Realtor or Magnolia, Seattle homes for sale, feel free to give us a call. Our team would be happy to help!


Posted on October 7, 2018 at 7:51 pm
Scott, Molly & Sarah Shutes | Posted in Uncategorized |

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