Real Estate How’s the Market? Q3 2024 Review of Seattle Area Real Estate While Q3’s summertime market slowed a bit from the frenetic spring pace of Q2 (we call this the “Summer Slump”), median home values are up across the region compared to this time last year. Most homes still sold at or above their listed prices in the first 10 days on market. However, buyers had more […]
Real Estate How’s the Market? Q2 2024 Review of Seattle Area Real Estate Median sales prices were up across the region in Q2 of 2024 compared to this time last year, with the Eastside posting the highest year-over-year appreciation. What should you know that the numbers don’t show? We’re back to a typical PNW seasonal market. Higher temps typically lead buyers to lose focus. There is still quality […]
Real Estate How’s the Market? Q1 2024 Review of Seattle Area Real Estate The Seattle/Eastside real estate market is hot and the Q1 stats support the claim; most homes sold in the first 10 days and either at or above their listed prices. Eastside median sales prices saw double-digit gains of 14% compared to this time last year, while Seattle was close behind with a 9% price bump. […]
Real Estate Tax Benefits Every Homeowner Should Know About   It’s tax season again, but being a homeowner might just make it rain at refund time.  Check out the tax-deductible expenses, exemptions, and credits below.  Whether you own a house, condo, or mobile home, they can save you big money when you file.  Just be sure to compare your total itemized deductions against the […]
Real Estate How’s the Market? An Annual Review of Seattle Area Real Estate Median home sales prices across the region saw a year-over-year dip compared to 2022, with prices settling just above their 2021 levels. That being said, most homes still sold within the first 10 days on the market and either at or above the listing price. Today’s higher rates, in concert with constricted inventory, have slowed […]
Real Estate How’s the Market? Q3 2023 Review of Seattle Area Real Estate While median sales prices varied quite a bit from area to area, they stayed relatively stable with most communities posting either modest gains or slight declines compared to this time last year.  Low inventory is keeping us in what you might call a “flat” seller’s market…supply is low but prices aren’t appreciating as fast as […]
Living & Community Extended! Kicks for Kids Shoe Drive August 1-21 Help us give kids the confidence they need to start the school year right! My Windermere team and I invite you to participate in our Kicks for Kids back-to-school sneaker drive. It connects low-income youth in our local communities with new shoes for the upcoming school year. Through August 21st, we’ll be accepting donations 3 […]
Real Estate How’s the Market? Q2 2023 Review of Seattle Area Real Estate While median sales prices rose in Q2 compared to Q1, they were still down about 10% from last summer’s peak. Most areas saw fewer new listings and sales this year than we saw last year. Supply levels are still low enough to keep us technically in a seller’s market — our Windermere Chief Economist, Matthew […]
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Real Estate How’s the Market? Q1 2023 Review of Seattle Area Real Estate The first quarter of 2023 saw a price correction compared to last year’s spike, with year-over-year median prices down by 9% in Seattle and 14% on the Eastside.  That being said, prices are already beginning to climb again with steady growth since the beginning of the year.  Buyer demand remains strong despite higher interest rates—competitively […]
Real Estate How’s the Market? Annual Review of Seattle Area Real Estate While 2022 began on the heels of an extreme seller’s market we saw in the wake of the COVID pandemic, the second half of the year showed a marked shift back toward normalcy.  Rising interest rates and tech layoffs significantly slowed down the number of home sales.  The good news for buyers is that we […]
Real Estate How’s the Market? Q3 2022 Real Estate Review While still considered a seller’s market, our July-September home sale activity signaled the return of some much-needed balance.  Seattle and Eastside home prices still posted year-over-year gains in Q3, but rising interest rates markedly slowed the pace of both listings and sales.  Houses also stayed on the market longer than we saw during the frenzy […]
Real Estate How’s the Market? Q2 Real Estate Review While Seattle and the Eastside are still considered a seller’s market, buyers experienced some much-needed relief in the second quarter with new listings outpacing the number of homes sold. Rising interest rates have initiated a shift toward a more balanced market. Opportunities abound for both sellers (who are still seeing higher sales prices than this […]