Seattle, WA Real Estate Report

If you are buying or selling Seattle, WA homes for sale, you want to make sure you know what is happening in the market and the areas you are looking in. When you do your research and find out what the comparable sold prices are and figure out how fast things are moving and what the demand is, you gain incredible insight. These details help guide your strategy regardless of whether you are a buyer or a seller. Asking your experienced Seattle, WA realtor is a great way to get these answers as well. 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 this month knowing that prices are up. The average sold price for homes for sale in Seattle is up 13.2% at $805,331 from this time last year. Median sold price for Seattle, WA homes for sale is up 11.8% from this time last year at $700,750. These numbers are both up from last month. The average percentage of list price, however, is down from this time last year at 103.8%. Your realtor in Seattle, WA can further explain this number and how you can use it in your negotiations.

Good news for buyers in the inventory department! The amount of new listings is up 10.8% which is great for buyers! Homes for sale in Seattle, WA in general are also up 30.8%. Pending sales and closed sales are both down around 7.8%. The month supply for Seattle real estate is actually up 44.4% at 1.30. 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 18 for the average. While the housing market is starting to cool a little bit, inventory is still low and homes may not be selling over night with multiple offers, but if it is priced fair enough, it will move quickly. 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 October 1, 2018 at 7:21 pm
Scott, Molly, Sarah & Kimberlee | Posted in Uncategorized |

Ballard, Seattle Real Estate Monthly Report

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 12.5% from this time last year AND last month at $784,118. The median sold price is up 9.3% from last year at $775,000 but has remained unchanged from the last month. The average percentage of list price is down 0.2% from last year at 104.9%. 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 31.6% while the amount of new listings is down 9.1%. Closed sales are down 19.3% and pending sales are down 21.2%. The month supply is up 50% from this time last year at 0.5, but this is actually unchanged from the past couple months. In a nutshell, this numbers 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 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 September 21, 2018 at 7:06 pm
Scott, Molly, Sarah & Kimberlee | Posted in Uncategorized |

Magnolia, Seattle Monthly Market Report

Listing and buying Magnolia, Seattle homes for sale is an exciting journey. 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. Just as you would any major purchase or sale, finding out the demand, the comparable solds, the market value and more can help guide you as you decide what offer to make or what offer to accept. Your Magnolia, Seattle realtor will be able to provide you with all these details as they have access to real time stats and market information. 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. The average is up 11.8% at $1,040,419. The median sold price is up 17.4% at $910,000. To understand how much negotiation room you have, the average percentage of list price for this neighborhood is up 0.5% 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.

In regards to inventory, the amount of Magnolia, Seattle homes for sale is up 11.1% while the amount of new listings is down 6.7%. Closed sales are down 17% and pending sales are down 21.5%. These decreases are a result of a low month supply. The current month supply is up 8.3% at 1.3. 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 21.

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 September 15, 2018 at 6:51 pm
Scott, Molly, Sarah & Kimberlee | Posted in Uncategorized |

Queen Anne, Seattle Monthly Market Report

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. The average is up 9.4% from this time last year (and last month) at $991,591. The median sold price is up 9.4% from last year at $870,000, however this number is unchanged from the past few months. The average percentage of list price is up from this time last year and is now at 103.6% for this neighborhood. However this is down from last month’s 104.1%. 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 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 up 14.3% while the amount of new listings is up 7.4%. Closed sales are down 15.5% while pending sales are down 9.3%. The month supply is up 20% and is now at 1.2. This has been steadily going up the past couple months which is good news for sellers. 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 19. 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 September 7, 2018 at 5:59 pm
Scott, Molly, Sarah & Kimberlee | Posted in Uncategorized |

Seattle Real Estate Monthly Market Report

When it comes to buying and selling Seattle, WA homes for sale, you want to treat it like you would any other major purchase or sale. Do your research on the market, find out what the comparable sold prices are and figure out how fast things are moving and what the demand is. These details give you amazing insight that can help guide your strategy regardless of whether you are a buyer or a seller. Asking your experienced Seattle, WA realtor is a great way to get these answers as well. We have all the tools and real time data that gives us an accurate market snapshot. 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 this month knowing that prices are up. The average sold price for homes for sale in Seattle is up 13.2% at $798,862 from this time last year. This also got a little bump from just last month. The median sold price for Seattle, WA homes for sale is up 12.9% from this time last year at $700,000. This number is actually the same as last month. The average percentage of list price, however, is down from this time last year AND last month. The average percentage of list price is an important tool as it suggests your negotiation power when accepting or making an offer. While this tells us that on average, Seattle, WA homes for sale are going for over asking, due to the cooling of the market, this number is starting to come down. Your realtor in Seattle, WA can further explain this number.

As far as inventory goes, the amount of new listings is up 7.1% which is great for buyers! homes for sale in Seattle, WA in general are also up 15.4%. Pending sales and closed sales are both down around 6%. The month supply for Seattle real estate is actually up 10% at 1.1. This is big for buyers. The month supply determines the amount of inventory and who has control of the market. We need a 6 month supply to be considered balanced and anything less than 4 is a seller’s market. So while we may still be in a seller’s market, the more inventory, the better. Days on market are still 8 for the median and 17 for the average, so no change there. 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 September 1, 2018 at 5:41 pm
Scott, Molly, Sarah & Kimberlee | 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. 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 & Kimberlee | 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 & Kimberlee | 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 & Kimberlee | 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 & Kimberlee | 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 & Kimberlee | Posted in Uncategorized |

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