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 | Category: 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 | Category: 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 | Category: 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 | Category: 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 | Category: Uncategorized

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 Shutes | Category: 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 Shutes | Category: 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 Shutes | Category: 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 Shutes | Category: 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 Shutes | Category: Uncategorized

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