Greater Seattle Real Estate Trends for June, 2016
Some interesting things are going on in Seattle and around the King County area. Closed sales in May marked the fourth straight month where the median selling price of single family homes has been between $620,000 - $625,000. Still, the $625,000 median selling price in May was a 13.7% increase compared to the same time last year. As of June 1st, in Seattle, there were 612 actively listed single family homes for sale, which was a 5.4% drop compared to last year. Closed sales
Greater Seattle Real Estate Trends for May, 2016
Home prices have held steady over the past couple months in Seattle, while the median price of single family homes has increased 4.9% King County wide since February. Sales of Seattle single family homes tallied 724 sales in April with a median selling price of $624,088, which represents a 15.7% increase compared to April of 2015. The volume of closed sales lagged behind last year, making April the third out of the last four months and fifth time in the last seven months that
Greater Seattle Real Estate Trends for February, 2016
The Greater Seattle real estate market picked up in 2016 right where it left off, and the consensus amongst analysts is another year of price gains in Seattle. The simple explanation continues to be a lack of inventory and strong demand keeping an upward pressure on prices, and the data suggests that relationship will continue to push home values higher in 2016. The picture I chose for this blog post tells the story pretty plainly. It’s a picture I took of a stack of business
Greater Seattle Real Estate Trends – 2015 Year in Review
Unless you’ve been hiding under a rock, you’ve probably noticed that real estate has been hot around the Greater Seattle real estate market. Whether you currently own a home or have been thinking about purchasing a home or condo, here are some of the important Greater Seattle real estate trends to close out 2015. First and foremost, Seattle has one of the top job markets in the nation. Our unemployment rate is extremely low, and people continue to move here for jobs. The st
