A five year month-to-month comparison of real estate listing and sales activity in the greater Seattle-Eastside region. Incredible low inventory and the resulting very high rate of absorption mean very few home choices available for buyers actively searching for a home. Average market time is a relative term as the market is essentially divided into two segments: those homes that sell immediately with multiple offers and those homes that languish on the market unsold. Location, price, condition, terms, and accessibility are very much key elements of a successful transaction in our marketplace.
Data prepared and analyzed by Julie Barrows, owner of Windermere Real Estate/Mercer Island http://www.WindermereMercerIsland.com. For questions or comments, email Julie at email@example.com.