Can Timing the Market Right Make that Big of a Difference? + Seattle Area Real Estate Report

Windermere Mercer Island

Can timing the market right really make that big of a difference when buying a home? Yes! Yes! And Yes! Consider this. If the Median Sale Price in North Seattle is $798,000, and you make an offer during a typical week (where there are far more buyers than sellers) you’ll likely pay at least 4% above the listed price, or a $32,000 premium.

Compare that to an off-week (holiday, school break, or other anomaly), where you might pay close to the listed price, and you’ve got a nice furniture budget to play with. Of course, the best properties will always command the best prices, but even they are subject to market fluctuations from week to week.

Pay attention and “cha-ching” could be part of your vocabulary soon.

View the full market report

 

ABOUT WINDERMERE MERCER ISLAND

We earn the trust and loyalty of our brokers and clients by doing real estate exceptionally well. The leader in our market, we deliver client-focused service in an authentic, collaborative and transparent manner and with the unmatched knowledge and expertise that comes from decades of experience.

windermeremercerisland.com | (206) 232-0446 | mercerisland@windermere.com
2737 77th Ave SE, Mercer Island, WA 98040.

© Copyright 2018. Information and statistics derived from Northwest Multiple Listing Service.