All posts filed under: Weekly Stats by Neighborhood

March 24th Seattle Area Housing Report

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Weekly Stats by Neighborhood

Sales increased this week at many price points in nearly every neighborhood throughout the Seattle-Eastside region. The $2 million and above price point continues to have more supply than demand, but otherwise the market very much favors home sellers. Click here to to view the complete report for all 16 MLS areas Individual Reports SEATTLE West Seattle South Seattle Central Seattle Queen Anne Ballard/Greenlake North Seattle Downtown Seattle Condos EASTSIDE South Bellevue Mercer Island West Bellevue […]

March 17th Seattle Area Housing Report

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Weekly Stats by Neighborhood

News of substantial expected mortgage interest rate increases in 2017 may motivate buyers further to purchase while rates are low. Every 1% increase in interest rates equates to about a 10% reduction in purchasing price for the same monthly payment. So if you purchased a $600,000 home at 3.5% interest it would be about the same monthly payment as a $540,000 home at 4.5% interest. The market quieted this Saint Patrick’s Day week as most neighborhoods […]

March 10th Seattle Area Housing Report

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Weekly Stats by Neighborhood

This week saw the market shift even more extremely to the seller’s favor as inventory diminished even further (as if that were even possible). Our market continues to lavish sellers with a dream list of terms as buyers scramble to compete for the limited supply of homes for sale. Click here to to view the complete report for all 16 MLS areas Individual Reports SEATTLE West Seattle South Seattle Central Seattle Queen Anne Ballard/Greenlake North Seattle Downtown […]

March 3rd Seattle Area Housing Report

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Weekly Stats by Neighborhood

This week saw a significant uptick in new listing activity in many areas and price points. A sign of things to come? We can only hope!  Click here to to view the complete report for all 16 MLS areas Individual Reports SEATTLE West Seattle South Seattle Central Seattle Queen Anne Ballard/Greenlake North Seattle Downtown Seattle Condos EASTSIDE South Bellevue Mercer Island West Bellevue East Bellevue East Lk Sammamish Redmond Kirkland Woodinville Renton Highlands Downtown Bellevue Condos […]

February 24th Seattle Area Housing Report

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Weekly Stats by Neighborhood

This week saw a significant uptick in new listing activity in many areas and price points. A sign of things to come? We can only hope!  Click here to to view the complete report for all 16 MLS areas Individual Reports SEATTLE West Seattle South Seattle Central Seattle Queen Anne Ballard/Greenlake North Seattle Downtown Seattle Condos EASTSIDE South Bellevue Mercer Island West Bellevue East Bellevue East Lk Sammamish Redmond Kirkland Woodinville Renton Highlands Downtown Bellevue Condos […]

February 17th Seattle Area Housing Report

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Weekly Stats by Neighborhood

Increased pending sales have further diminished the supply of homes for sale-leaving slim pickings for buyers-especially at price points below $1 million in core metro neighborhoods of Seattle and all of Bellevue. Word on the street among local realtors is that many new listings are coming to market next week. While very welcome news to the ravished home shoppers out there, it falls desperately short of the inventory needed in the market to keep us from […]

February 10th Seattle Area Housing Report

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Weekly Stats by Neighborhood

Pending sales were up in more than half of the region’s neighborhoods. Diminished inventory of available homes for sale continues to be a huge obstacle for home buyers. With local employers such as Amazon adding more than 110,000 workers, regionally and across the globe, and a shortage of buildable land, it’s no wonder housing supply is so tight. Click here to to view the complete report for all 16 MLS areas Individual Reports SEATTLE West Seattle South […]

February 3rd Seattle Area Housing Report

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Weekly Stats by Neighborhood

Opportunity exists for buyers who get to the game early. We are seeing some properties go under contract with few or no competing offers. Click here to to view the complete report for all 16 MLS areas Individual Reports SEATTLE West Seattle South Seattle Central Seattle Queen Anne Ballard/Greenlake North Seattle Downtown Seattle Condos EASTSIDE South Bellevue Mercer Island West Bellevue East Bellevue East Lk Sammamish Redmond Kirkland Woodinville Renton Highlands Downtown Bellevue Condos © Copyright […]

January 27th Seattle Area Housing Report

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Weekly Stats by Neighborhood

This week marked slower sales activity in many areas as many new listings trickle onto the market. Perhaps buyers are playing the wait and see game? With prices expected to rise further this spring, buyers may not want to sit on the sidelines too long. Click here to to view the complete report for all 16 MLS areas Individual Reports SEATTLE West Seattle South Seattle Central Seattle Queen Anne Ballard/Greenlake North Seattle Downtown Seattle Condos EASTSIDE […]

January 20th Seattle Area Housing Report

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Weekly Stats by Neighborhood

Fewer new listings this week. Solid sales activity decreases the supply of available homes in most areas. Even the $2 million+ market looks favorable to seller this week. Click here to to view the complete report for all 16 MLS areas Individual Reports SEATTLE West Seattle South Seattle Central Seattle Queen Anne Ballard/Greenlake North Seattle Downtown Seattle Condos EASTSIDE South Bellevue Mercer Island West Bellevue East Bellevue East Lk Sammamish Redmond Kirkland Woodinville Renton Highlands Downtown […]