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So.....How's The Market?

The first and most common question that real estate agents get is “How is the Market?” Below you will find an in-depth analysis of the current market in King County, WA. If you want to bring that view to neighborhood-level, enter your information under ‘What’s My Home Worth?’ in the box to the right.

Median home price in King County down to February 2004 level

Median home price in King County down to February 2004 level

Here is the February King County Single Family Home (SFH) summary.  Home sales had a quite healthy jump from last year of 23%, however it is still low compared to most years. At the same time, brokers are reporting an uptick in multiple offers Buyers have fewer homes to consider compared to a year ago. Inventory levels normally have a bump … [Read more...]

We have 63% more sales than the rock-bottom point we hit in January 2009, and 35% lower than where it was between 2003 and 2007.

Market Snapshot January 2012

  Home sales were relatively the same in January from last year. There were 1,095 completed transactions compared to 1,017 in January 2010.  We have 63% more sales than the rock-bottom point we hit in January 2009, and 35% lower than where it was between 2003 and 2007. Inventory levels are down 28% compared to a year ago and at their lowest … [Read more...]

Home sales were relatively the same last month from last year.

December 2011 Median Home Prices

Home sales were relatively the same last month from last year. There were 1,466 completed transactions during December. Inventory levels are at their lowest since December 2006 which seems to be leading to stable home valuations.  Inventory is down 25% compared to a year ago. There was a dramatic 8.5% drop in the median price in October. Since … [Read more...]

Housing during October shows mixed results with sales up, prices down, buyers still hesitant

Median Price Diff. between Standard sales and Distressed Homes

Home sales were down last month in King County, and prices were down almost 12 percent King Co. area-wide compared to a year ago. There were 1,446 completed transactions during October, which represents an improvement of more than 15 percent from twelve months ago when 1,256 sales closed.  Inventory levels are at their lowest since April/May … [Read more...]

Seattle distressed homes selling at deep discounts account for much of the drag on prices.

September 2011 Median Home Price Report

There were 1,942  completed transactions during September, which  represents an improvement of almost 26 percent from twelve months ago when  1,538  sales closed.  Inventory levels are at its lowest since May  and can led to stable or slight increases in home valuations. It’s encouraging to see positive trends in sales activity and listing … [Read more...]

The median price sold in King County has barely changed in eight months

August Chart

 Home sales were up last month in King County, and median prices seem to be stabilizing. The number of homes sold outpaced year-ago totals. There were 2,019  completed transactions during August. This represents an improvement of almost 22  percent from twelve months ago when 1,651  sales closed. It’s a positive sign, but these figures … [Read more...]

Whats going on in your neighborhood.

heade3r-bg

Hello All. I just wanted to let you know about my Market Snapshot. With access to the Multiple Listing Service (MLS) data I can provide you with a Market Snapshot that you can gauge how the market is trending and find out what sold most recently and for how much in your area. This is a win-win for both of us, I pretty much don’t have to do a … [Read more...]

July 2011 Median Price Report

August Chart

Home sales were up last month in King County, even as median prices continued to fall. The number of homes sold outpaced year-ago totals. There were 1,994 completed transactions during July. This represents an improvement of almost 20.8 percent from twelve months ago when 1,651 sales closed. However, this is because last year they fell off so … [Read more...]