Magnolia, Seattle Real Estate Update

If you are looking for homes for sale in Magnolia, Seattle, the two best ways to start the process are by understanding what is happening in the Magnolia, Seattle Real Estate Market and finding a Magnolia, Seattle Realtor. When you pick a qualified Magnolia, Seattle Realtor, you can rest easy knowing that you have experience and professionalism on your side throughout the entirety of the transaction and beyond. The other perk to working with someone who understands the nuances of this market is that a Magnolia, Seattle Realtor will be able to give you an accurate analysis of the Magnolia, Seattle Real Estate Market. Certain details about the market can provide you with valuable insight that you can use for your success. As a buyer, you gain an understanding of your position in the market and use that to craft a competitive offer, which is necessary in our current real estate climate. As a seller, you can get an idea of how to price according to market value which ensures you have a shortened market time AND attract a good offer. So how is the Magnolia, Seattle Real Estate market doing? Let’s take a look!

As far as the average and median sold prices for homes for sale in Magnolia, Seattle goes, prices are up. The average is up 13.3% from this time last year and continues to climb over the million-dollar mark at $1,033,462. The median sold price is up 18% at $897,000. To understand how much negotiation room you have, the average percentage of list price for this neighborhood is up 0.6% compared to last year at 103.8%. Your realtor in Magnolia, Seattle will further explain how you can use this number to your benefit, but this indicates your negotiation power. It also tells us that Magnolia, Seattle homes for sale are going for over asking.

As far as inventory in this neighborhood is concerned, the amount of Magnolia, Seattle homes for sale is up 2.2% while the amount of new listings is down 6.5%. Closed sales are down 9.7% and pending sales are down 16.8%. These decreases are a result of a low month supply. The current month supply is down 7.7% at 1.2. Your realtor in Magnolia, Seattle will be able to share what this number is as it changes with the market but it dictates what kind of market Magnolia, Seattle real estate is in. 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 August 21, 2018 at 7:56 pm
Scott, Molly & Sarah Shutes | Posted in Uncategorized |

Ballard, Seattle Real Estate Update

If you are thinking of listing or buying homes for sale in Ballard, Seattle, the first step is finding a Ballard, Seattle Realtor who can not only guide you but also educate you on what is happening in the Ballard, Seattle Real Estate Market. You can use details like average and median sold prices for homes for sale in Ballard, Seattle, along with the month supply and days on market to your advantage. As a seller, knowing the average and median sold price helps you to price your property according to market value and hopefully experience a shorter time on the market as well as attract multiple offers. As a buyer, you will know the necessary details that help you put together an offer that stands out in our competitive market. The best resource for this info is a Seattle, WA realtor. When you align yourself with a professional, qualified Ballard, Seattle Realtor who has a proven track record, you will have someone who is professional representing you throughout the entire transaction and beyond. So how is the Ballard, Seattle Real Estate market doing? Let’s take a look!

As far as the average and median sold prices for homes for sale in Ballard, Seattle goes, prices are up compared to this time last year. Although before seller’s rejoice, it is important to know that this month’s numbers are actually down slightly from last month. The average is up 12.3% from this time last year at $779,028. The median sold price is up 10.2% at $775,000. The average percentage of list price for this neighborhood is up 0.6% from last year at 105.5%. This number, however, is down a bit from last month. 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 15.8% while the amount of new listings is down 9.5%. Closed sales are down 19% and pending sales are down 18%. This month supply is up 25% from this time last year at 0.5, but this is actually unchanged from last month. Your realtor in Ballard, Seattle will be able to share what this number is as it changes with the market but in a nutshell, it tells us who has control of the Ballard, Seattle real estate market. Anything less than 4 is a seller’s market while anything over 6 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 down to 11. This is unchanged from last month as well for both numbers.

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 August 13, 2018 at 7:23 pm
Scott, Molly & Sarah Shutes | Posted in Uncategorized |

Queen Anne, Seattle Real Estate Update

If you are thinking of listing or buying homes for sale in Queen Anne, Seattle, the first step is finding a qualified and professional Queen Anne, Seattle Realtor who can inform you of the current Queen Anne, Seattle Real Estate Market. When you choose an experienced Queen Anne, Seattle Realtor who knows the area and the current market conditions, you can rest easy knowing that you have a professional working as your advocate throughout the transaction. You can use the information they give you to come up with a strategic plan of action. As a seller, knowing the average and median sold price helps you to list your property according to market value. This allows you to experience a shorter time on the market as well as attract multiple offers. As a buyer, you can find out the necessary details that help you put together a good offer that stands out in our competitive market. So how is the Queen Anne, Seattle Real Estate market doing? Let’s take a look!

The average and median sold prices for homes for sale in Queen Anne, Seattle are up. The average is up 11.4% from this time last year at $984,090. This number is actually down slightly from just last month though. The median sold price is up 11.6% from last year at $870,000, however this number is unchanged from last month.  The average percentage of list price for this neighborhood is up 1% from this time last year at 104.1%, although down slightly from just last month. Your realtor in Queen Anne, Seattle can explain in detail how this number can be used to your benefit, but in easy terms, it indicates your negotiation power while also telling us that on average, Queen Anne, Seattle homes for sale are going for over asking.

As far as inventory in this neighborhood is concerned, the amount of Queen Anne, Seattle homes for sale is down 2.8% while the amount of new listings is up 6.3%. Closed sales are down 9.4% and pending sales are down 10.5%. The month supply is unchanged from this time last year at 1.10 but up from last months 0.9. To understand how month supply can impact you, this number 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 8 while the average is 21. 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 August 6, 2018 at 7:02 pm
Scott, Molly & Sarah Shutes | Posted in Uncategorized |

Seattle Real Estate Market Update

If you are looking to list or buy homes for sale in Seattle, WA, the two things to do to get started are finding a Seattle Realtor and letting them inform you on what is happening in the Seattle Real Estate Market. As a buyer, you can understand your position in the market and use that to craft a competitive offer. As a seller, you can price according to market value which ensures you have a shortened market time and get the most money at resale. When you pick a qualified and professional Seattle Realtor to represent you, you can rest assured that no matter what side of the transaction you are on, you have an advocate that is skilled and able to guide you throughout the process. Additionally, a Seattle Realtor will be able to give you an update on the Seattle Real Estate Market. Details like days on market, average and median sold prices for homes for sale in Seattle, month supply and more can give you the details needed for a successful experience. So how is the Seattle Real Estate market doing? Let’s take a look!

As far as the average and median sold prices for homes for sale in Seattle goes, prices are up from this time last year and last month. The average is up 14% at $794,844 and the median is up 14.3% at $700,000. The average percentage of list price is currently 104.5%, which is up from this time last year but actually down a little bit from last month. Of course, this number still suggests that on average, folks are getting over asking. In order to understand this number, you should chat with your Seattle, WA realtor, but in a nutshell, it determines your negotiation power.

As far as inventory goes, the amount of Seattle homes for sale is up 4.1% (good news for buyers!) while the amount of new listings is actually up 5.4% (also good news for buyers!). Closed sales are down 5.3% and pending sales are down 3.%. The month supply is currently at a 1 and unchanged from last year. While a lot of news outlets have shared that Seattle’s market may be cooling a bit for the first time since 2016, the reality is that inventory is still very low. To put this number in perspective, anything 6 or over is considered balanced while anything less than 4 is a seller’s market. The median days on market for Seattle homes for sale is 8 while the average is down to 17. This has been consistent for the past couple months.

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 August 1, 2018 at 5:30 pm
Scott, Molly & Sarah Shutes | Posted in Uncategorized |

Queen Anne Seattle Real Estate Update

If you are thinking of listing or buying homes for sale in Queen Anne, Seattle, the first step is finding a qualified and professional Queen Anne, Seattle Realtor who can inform you of the current Queen Anne, Seattle Real Estate Market. When you choose an experienced Queen Anne, Seattle Realtor with a proven track record, you can feel confident that you have someone working as your advocate throughout the transaction. Additionally, you can use details like average and median sold prices for homes for sale in Queen Anne, Seattle, along with the month supply and days on market to your advantage. As a seller, knowing the average and median sold price helps you to list your property according to market value. This allows you to experience a shorter time on the market as well as attract multiple offers. As a buyer, you can find out the necessary details that help you put together a good offer that stands out in our competitive market. So how is the Queen Anne, Seattle Real Estate market doing? Let’s take a look!

Sellers will be thrilled to know that the average and median sold prices for homes for sale in Queen Anne, Seattle are up. The average is up 12.4% from this time last year at $985,321. The median sold price is up 14.5% at $870,000.  These are also up from just last month. The average percentage of list price for this neighborhood is up 1.5% at 104.3%. Your realtor in Queen Anne, Seattle will further explain how you can use this number to your benefit, but it indicates your negotiation power AND tells us that Queen Anne, Seattle homes for sale are going for over asking.

As far as inventory in this neighborhood is concerned, the amount of Queen Anne, Seattle homes for sale is down 15.4% while the amount of new listings is down 1.2%. Closed sales are down 9.7% and pending sales are down 7.4%. While not great news for buyers, this is all a result of a low month supply. To understand the month supply, this 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. Currently, the month supply for this neighborhood is down 25% at 0.9. Your realtor in Queen Anne, Seattle will be able to share what this number is as it changes with the 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 down to 21. 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 July 20, 2018 at 9:58 pm
Scott, Molly & Sarah Shutes | Posted in Uncategorized |

Ballard, Seattle Real Estate Update

If you are thinking of listing or buying homes for sale in Ballard, Seattle, the first step is finding a Ballard, Seattle Realtor who can not only guide you through the experience, but also educate you on what is happening in the Ballard, Seattle Real Estate Market. You can use details like average and median sold prices for homes for sale in Ballard, Seattle, along with the month supply and days on market to your advantage. As a buyer, you can find out the necessary details that help you put together an offer that stands out in our competitive market. As a seller, knowing the average and median sold price helps you to price your property according to market value. This allows you to experience a shorter time on the market as well as attract multiple offers. The best resource for this info is a realtor. When you align yourself with a professional, qualified Ballard, Seattle Realtor who has a proven track record, you can rest easy knowing you have someone to professionally represent you throughout the transaction. Additionally, a Ballard, Seattle Realtor will have the ability to tell you what exactly is happening in the Ballard, Seattle Real Estate Market. So how is the Ballard, Seattle Real Estate market doing? Let’s take a look!

As far as the average and median sold prices for homes for sale in Ballard, Seattle goes, prices are up. The average is up 15% from this time last year at $779,402. The median sold price is up 11.1% at $766,100. These sold prices are not only up from this time last year, but also from last month. The average percentage of list price for this neighborhood is up 1.4% from last year at 106.1%. This number, however, is unchanged from last month. If you are wondering the importance of this number, it basically tells you your negotiation power and that Ballard, Seattle homes for sale are getting over asking. Your realtor in Ballard, Seattle will further explain how you can use this number to your benefit when it comes to making or accepting an offer.

As far as inventory in this neighborhood is concerned, the amount of Ballard, Seattle homes for sale is up 5.3% while the amount of new listings is down 11%. Closed sales are down 15.5% and pending sales are down 19.9%. This month supply is, thankfully, up 25% at 0.5. This number tells us that this neighborhood has close to no inventory. To better understand the importance of what month supply means, it tells us who has control of the Ballard, Seattle real estate market. Anything less than 4 is a seller’s market while anything over 6 is considered balanced. Your realtor in Ballard, Seattle will be able to share what this number is as it changes with the market. 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 down to 11.

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 July 15, 2018 at 7:20 pm
Scott, Molly & Sarah Shutes | Posted in Uncategorized |

Magnolia, Seattle Real Estate Update

If you are looking for homes for sale in Magnolia, Seattle, the two best ways to start the process are by understanding what is happening in the Magnolia, Seattle Real Estate Market and finding a Magnolia, Seattle Realtor. When you pick a qualified Magnolia, Seattle Realtor, you can rest easy knowing that you have experience and professionalism on your side throughout the entirety of the transaction and beyond. The other perk to working with someone who understands the nuances of this market is that a Magnolia, Seattle Realtor will be able to give you an accurate analysis of the Magnolia, Seattle Real Estate Market. Details like average and median sold prices for homes for sale in Magnolia, Seattle, month supply and days on market can provide you with valuable insight that you can use for your success. As a buyer, you gain an understanding of your position in the market and use that to craft a competitive offer, which is necessary in our current real estate climate. As a seller, you can get an idea of how to price according to market value which ensures you have a shortened market time AND attract a good offer. So how is the Magnolia, Seattle Real Estate market doing? Let’s take a look!

As far as the average and median sold prices for homes for sale in Magnolia, Seattle goes, prices are up. The average is up 14.4% from this time last year and continues to climb over the million-dollar mark at $1,020,903. The median sold price is up 18% at $884,975. To understand how much negotiation room you have, the average percentage of list price for this neighborhood is up 0.9% compared to last year at 104.1%. Your realtor in Magnolia, Seattle will further explain how you can use this number to your benefit, but this indicates your negotiation power. It also tells us that Magnolia, Seattle homes for sale are going for over asking.

As far as inventory in this neighborhood is concerned, the amount of Magnolia, Seattle homes for sale is down 4.3% while the amount of new listings is down 7.4%. Closed sales are down 1.5% and pending sales are down 11.2%. With a low month supply, this decrease in inventory is actually quite normal. The month supply dictates what kind of market Magnolia, Seattle real estate is in. Anything 6 or over is considered balanced while anything less than 4 is a seller’s market. Your realtor in Magnolia, Seattle will be able to share what this number is as it changes with the market. Currently it is down 15.4% at 1.10. Both the average and median days on market are down. The median days on market for Magnolia, Seattle homes for sale is 8 while the average is down to 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 July 6, 2018 at 6:28 pm
Scott, Molly & Sarah Shutes | Posted in Uncategorized |

Seattle, WA Real Estate Update

If you are looking for homes for sale in Seattle, WA, the two most important ways to get started are by finding a Seattle Realtor and understanding what is happening in the Seattle Real Estate Market. As a seller, you can price according to market value which ensures you have a shortened market time and attract a good offer. As a buyer, you can understand your position in the market and use that to craft a competitive offer. When you pick a qualified and professional Seattle Realtor to represent you, you can rest assured that no matter what side of the transaction you are on, you have an advocate that is equipped to guide you on the process. Additionally, a Seattle Realtor will be able to give you an update on the Seattle Real Estate Market. Details like days on market, average and median sold prices for homes for sale in Seattle, month supply and more can give you the details needed for a successful experience. So how is the Seattle Real Estate market doing? Let’s take a look!

As far as the average and median sold prices for homes for sale in Seattle goes, prices are up. The average is up 13.8% from this time last year at $787,105 and the median is up 16.3% at $698,000. These numbers are both up around $10,000 just from last month. The average percentage of list price is currently 104.9%. This number determines your negotiation power. Ask your realtor in Seattle how you can use this to your advantage but note that at the time this blog was published, Seattle homes for sale are going for over asking. However, for the first time in a while, this number has seen a slight decrease compared to last month.

As far as inventory goes, the amount of Seattle homes for sale is down 5.3% while the amount of new listings is actually up 2.6%. Closed sales are down 6.5% and pending sales are down 3.9%. This decrease in inventory is a result of a low month supply. This number is actually unchanged from this time last year but up slightly from last month’s 0.9 and is currently at a 1. To understand the importance of this number, this dictates what kind of market we are in. Anything 6 or over is considered balanced while anything less than 4 is a seller’s market. Your realtor in Seattle will be able to share what this number is as it changes with the market. Both the average and median days on market are down. The median days on market for Seattle homes for sale is 8 while the average is down to 17. This is also unchanged from last month.

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 July 1, 2018 at 6:18 pm
Scott, Molly & Sarah Shutes | Posted in Uncategorized |

Ballard, Seattle Real Estate Update

If you are thinking of listing or buying homes for sale in Ballard, Seattle, the first step is finding a Ballard, Seattle Realtor who can not only guide you through the experience, but also educate you on what is happening in the Ballard, Seattle Real Estate Market. When you align yourself with a professional, qualified Ballard, Seattle Realtor who has a proven track record, you can rest easy knowing you have someone to professionally represent you throughout the transaction. Additionally, a Ballard, Seattle Realtor will have the ability to tell you what exactly is happening in the Ballard, Seattle Real Estate Market. You can use details like average and median sold prices for homes for sale in Ballard, Seattle, along with the month supply and days on market to your advantage. As a buyer, you can find out the necessary details that help you put together an offer that stands out in our competitive market. As a seller, knowing the average and median sold price helps you to price your property according to market value. This allows you to experience a shorter time on the market as well as attract multiple offers. So how is the Ballard, Seattle Real Estate market doing? Let’s take a look!

As far as the average and median sold prices for homes for sale in Ballard, Seattle goes, prices are up. The average is up 13.7% from this time last year at $766,103. The median sold price is up 11.1% at $750,000. The average percentage of list price for this neighborhood is at 106.1%. In a nutshell, this number indicates your negotiation power. It also tells us that Ballard, Seattle homes for sale are going for over asking. Your realtor in Ballard, Seattle will further explain how you can use this number to your benefit when it comes to making or accepting an offer.

As far as inventory in this neighborhood is concerned, the amount of Ballard, Seattle homes for sale is down 22% while the amount of new listings is down 11.6%. Closed sales are down 9% and pending sales are down 15.2%. This is not great news for buyers, however, this is all a result of a low month supply. This number is down from this time last year by 20% at 0.4. This number tells us that this neighborhood basically has close to no inventory. Which is not a huge surprise seeing as it is one of the most desirable areas in Seattle. To better understand the importance of what month supply means, it tells us who has control of the Ballard, Seattle real estate market. Anything less than 4 is a seller’s market while anything over 6 is considered balanced. Your realtor in Ballard, Seattle will be able to share what this number is as it changes with the market. 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 down to 11. Sellers, be prepared to move fast and buyers, “blink and you’ll miss it”, aka if you see a home you like, write an offer immediately. Waiting even an hour could put you out of the running.

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 June 16, 2018 at 4:44 pm
Scott, Molly & Sarah Shutes | Posted in Uncategorized |

Queen Anne, Seattle Real Estate Update

If you are thinking of listing or buying homes for sale in Queen Anne, Seattle, the first step is finding a Queen Anne, Seattle Realtor who can not only guide you through the experience, but also educate you on what is happening in the Queen Anne, Seattle Real Estate Market. When you align yourself with a professional, qualified Queen Anne, Seattle Realtor who has a proven track record, you can rest easy knowing you have someone to professionally represent you throughout the transaction. Additionally, a Queen Anne, Seattle Realtor will have the ability to tell you what exactly is happening in the Queen Anne, Seattle Real Estate Market. Use can use details like average and median sold prices for homes for sale in Queen Anne, Seattle, along with the month supply and days on market to your advantage. As a buyer, you can find out the necessary details that help you put together an offer that stands out in our competitive market. As a seller, knowing the average and median sold price helps you to price your property according to market value. This allows you to experience a shorter time on the market as well as attract multiple offers. So how is the Queen Anne, Seattle Real Estate market doing? Let’s take a look!

As far as the average and median sold prices for homes for sale in Queen Anne, Seattle goes, prices are up. The average is up 13.1% from this time last year at $975,132. The median sold price is up 13.9% at $858,000. The average percentage of list price for this neighborhood is at 104.6%. Your realtor in Queen Anne, Seattle will further explain how you can use this number to your benefit, but in a nutshell, this indicates your negotiation power as well as tells us that Queen Anne, Seattle homes for sale are going for over asking.

As far as inventory in this neighborhood is concerned, the amount of Queen Anne, Seattle homes for sale is down 23.8% while the amount of new listings is down 10.2%. Closed sales are down 5.1% and pending sales are down 6.3%. This is not great news for buyers, however, this is all a result of a low month supply. This number is down from this time last year by 25% at 0.9. To understand the month supply, this 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. Your realtor in Queen Anne, Seattle will be able to share what this number is as it changes with the market. Both the average and median days on market are down. The median days on market for Queen Anne, Seattle homes for sale is 8 while the average is down to 21. This is great news for sellers looking to move their property quickly. Although be prepared for a fast move! Buyers, this tells you that you do not have time to “sleep on it”.

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 June 11, 2018 at 4:28 pm
Scott, Molly & Sarah Shutes | Posted in Uncategorized |

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