Seattle, WA Real Estate Report

If you are in the market to list or buy homes for sale in Seattle, WA, you will want to find a Seattle Realtor and understand the current Seattle Real Estate market conditions. A Seattle Realtor can give you an accurate update on how the Seattle Real Estate Market is doing and its impact on you as a buyer or seller. Knowing things like days on market, average and median sold prices for homes for sale in Seattle and month supply can benefit both parties. As a buyer, you can work with your realtor to craft a competitive offer that stands out in the stack. As a seller, you can price according to market which ensures a short market time and attracting multiple good offers. So how is the Seattle Real Estate market doing? Let’s take a look!

While the Seattle real estate market has actually cooled, sellers still get good news this month knowing that prices are up. The average sold price for homes for sale in Seattle is up 13.2% at $798,862 from this time last year. This also got a little bump from just last month. The median sold price for Seattle, WA homes for sale is up 12.9% from this time last year at $700,000. This number is actually the same as last month. The average percentage of list price, however, is down from this time last year AND last month. The average percentage of list price is an important tool as it suggests your negotiation power when accepting or making an offer. While this tells us that on average, Seattle, WA homes for sale are going for over asking, due to the cooling of the market, this number is starting to come down. Your realtor in Seattle, WA can further explain this number.

As far as inventory goes, the amount of new listings is up 7.1% which is great for buyers! homes for sale in Seattle, WA in general are also up 15.4%. Pending sales and closed sales are both down around 6%. The month supply for Seattle real estate is actually up 10% at 1.1. This is big for buyers. The month supply determines the amount of inventory and who has control of the market. We need a 6 month supply to be considered balanced and anything less than 4 is a seller’s market. So while we may still be in a seller’s market, the more inventory, the better. Days on market are still 8 for the median and 17 for the average, so no change there. If you are looking for a Seattle Realtor or Seattle homes for sale, feel free to give me a call. I would be happy to help! For more market reports, visit our team site at www.teamshutes.com


Posted on September 14, 2018 at 7:35 pm
Molly Shutes | Posted in Uncategorized |

Magnolia, Seattle Real Estate Report

If you are thinking of buying or listing homes for sale in Magnolia, Seattle, the first step is finding a Magnolia, Seattle Realtor. The second is understanding what is happening in the Magnolia, Seattle Real Estate Market. A Magnolia, Seattle Realtor can help you understand what is happening in the Magnolia, Seattle Real Estate Market. You can use details like average and median sold prices, month supply and days on market to strategize. As a seller, you know how to price appropriately for the current market. As a buyer, you understand your position in the market and can use that to your advantage by learning what makes a competitive offer. So how is the Magnolia, Seattle Real Estate market doing? Let’s take a look!

As far as the average and median sold prices for homes for sale in Magnolia, Seattle goes, prices are up. The average is up 11.8% at $1,040,419. The median sold price is up 17.4% at $910,000. To understand how much negotiation room you have, the average percentage of list price for this neighborhood is up 0.5% compared to last year at 103.8%. Your realtor in Magnolia, Seattle will further explain how you can use this number to your benefit, but this indicates your negotiation power.

In regards to inventory, the amount of Magnolia, Seattle homes for sale is up 11.1% while the amount of new listings is down 6.7%. Closed sales are down 17% and pending sales are down 21.5%. These decreases are a result of a low month supply. The current month supply is up 8.3% at 1.3. Anything 6 or over is considered balanced while anything less than 4 is a seller’s market. The median days on market for Magnolia, Seattle homes for sale is 8 while the average is 21.

If you are looking for a Magnolia, Seattle Realtor or Magnolia, Seattle homes for sale, feel free to give me a call. I would be happy to help! For more market reports, visit the team site www.teamshutes.com


Posted on September 2, 2018 at 7:30 pm
Molly Shutes | Posted in Uncategorized |

Ballard, Seattle Real Estate Update

If you are in the market for buying or selling homes for sale in Ballard, Seattle, you have two tasks you need to do to get started. The first task is finding a Ballard, Seattle Realtor. We guide you through the experience using our professional expertise, while also educating you on what is happening in the Ballard, Seattle Real Estate Market. One of the many perks to working with a Ballard, Seattle Realtor who knows this area is you know what exactly is happening in the Ballard, Seattle Real Estate Market. Using details like average and median sold prices for homes for sale in Ballard, Seattle, along with the month supply and days on market can give beneficial insight. As a buyer, you can find out the necessary details that help you put together a competitive offer. As a seller, knowing the average and median sold price helps you to price your property according to market value. This helps you sell quickly while attracting multiple offers. So how is the Ballard, Seattle Real Estate market doing? Let’s take a look!

 

As far as the average and median sold prices for homes for sale in Ballard, Seattle goes, prices are up. The average is up 12.3% from this time last year at $779,028. The median sold price is up 10.2% at $775,000. The average percentage of list price for this neighborhood is at 105.5%. This number indicates your negotiation power as well as tells us that Ballard, Seattle homes for sale are going for over asking.

 

The amount of Ballard, Seattle homes for sale is up 15.8% while the amount of new listings is down 9.5%. Closed sales are down 19% and pending sales are down 18%. The month supply is currently 0.5 which is the reasoning for these decreases. This number tells us that this neighborhood has close to no inventory. To better understand the importance of what month supply means, it tells us who has control of the Ballard, Seattle real estate market. Anything less than 4 is a seller’s market while anything over 6 is considered balanced. Your realtor in Ballard, Seattle will be able to share what this number is as it changes with the market. Both the average and median days on market are down. The median days on market for Ballard, Seattle homes for sale is 7 while the average is down to 11.

 

If you are looking for a Ballard, Seattle Realtor or Ballard, Seattle homes for sale, feel free to give me a call. I would be happy to help! For more market reports, visit our team site at www.teamshutes.com


Posted on August 12, 2018 at 2:19 am
Molly Shutes | Posted in Uncategorized |

Queen Anne, Seattle Real Estate Update

Thinking of listing or buying homes for sale in Queen Anne, Seattle? You came to the right spot! Before you do anything, you will want to find a Queen Anne, Seattle Realtor who will act as your guide throughout the entire transaction. Working with an experienced Queen Anne, Seattle Realtor who has a proven track record has benefits that buyers and sellers can gain from. A Queen Anne, Seattle Realtor will have the ability to tell you what exactly is happening in the Queen Anne, Seattle Real Estate Market, which is something you can use when making or accepting an offer. Average and median sold prices for homes for sale in Queen Anne, Seattle, and days on market can give insight to both buyers and sellers. Buyers can find out the necessary details that help create an offer that stands out to sellers, which is so helpful in our current competitive market. Sellers can use this information to price their property according to market value, which allows for a shorter market time while attracting multiple offers. So how is the Queen Anne, Seattle Real Estate market doing? Let’s take a look!

As far as the average and median sold prices for homes for sale in Queen Anne, Seattle goes, prices are up. The average is up 11.4% from this time last year at $984,090. The median sold price is up 11.6% from last year at $870,000. The average percentage of list price for this neighborhood is at 104.1%. Your realtor in Queen Anne, Seattle can further explain how you can use this number to your benefit, but it basically indicates your negotiation power and tells us that Queen Anne, Seattle homes for sale are going for over asking.

The amount of Queen Anne, Seattle homes for sale is down 2.8% while the amount of new listings is up 6.3%. Closed sales are down 9.4% and pending sales are down 10.5%. This is all a result of a low month supply, which is currently a 1.10. The month supply tells us who has control of the Queen Anne, Seattle real estate market. Anything 6 or over is considered balanced while anything less than 4 is a seller’s market. Both the average and median days on market are down. The median days on market for Queen Anne, Seattle homes for sale is 8 while the average is down to 21. If you are looking for a Queen Anne, Seattle Realtor or Queen Anne, Seattle homes for sale, feel free to give me a call. I would be happy to help! If you would like more market reports on other local Seattle neighborhoods, visit our team site www.teamshutes.com.


Posted on August 5, 2018 at 2:06 am
Molly Shutes | Posted in Uncategorized |

Magnolia, Seattle Real Estate Update

If you are thinking of buying or listing homes for sale in Magnolia, Seattle, this summer, there are a couple of things you will need to do to get the process started. This first is finding a Magnolia, Seattle Realtor. The second is understanding what is happening in the Magnolia, Seattle Real Estate Market. When you pick a qualified and professional Magnolia, Seattle Realtor, you can have the confidence that you have an experienced professional representing you. Additionally, a Magnolia, Seattle Realtor can help you understand what is happening in the Magnolia, Seattle Real Estate Market. You can use details like average and median sold prices for homes for sale in Magnolia, Seattle and month supply towards your success. As a seller, this insight gives you an idea of how to price appropriately for the current market. This ensures you sell quickly while getting multiple offers. As a buyer, you understand your position in the market and can use that to your advantage by learning what makes a competitive offer, which is important when you are dealing with little to no inventory. So how is the Magnolia, Seattle Real Estate market doing? Let’s take a look!

As far as the average and median sold prices for homes for sale in Magnolia, Seattle goes, prices are up. The average is up 14.4% from this time last year and is officially over the million-dollar mark at $1,020,903. The median sold price is up 18% at $884,975. The current percentage of list price is up 0.9% from last year but the same as last month at 104.1%. This tells us two things: Magnolia, Seattle homes for sale are going for over asking in most scenarios AND what your negotiation power is. Your realtor in Magnolia, Seattle will further explain how you can use this number to your benefit.

As far as inventory in this neighborhood is concerned, the amount of Magnolia, Seattle homes for sale is down 4.3% while the amount of new listings is down 7.4%. Closed sales are down 1.5% and pending sales are down 1.2%. This is all a result of the low month supply that has been making headlines for the past few years. Currently, this number is down from this time last year by 15.4% at 1.10. The month supply dictates what kind of market Magnolia, Seattle real estate is in. Anything 6 or over is considered balanced while anything less than 4 is a seller’s market. Both the average and median days on market are down. The median days on market for Magnolia, Seattle homes for sale is 8 while the average is down to 22.

If you are looking for a Magnolia, Seattle Realtor or Magnolia, Seattle homes for sale, feel free to give me a call. I would be happy to help! For more market reports, visit the team site www.teamshutes.com


Posted on July 16, 2018 at 10:32 pm
Molly Shutes | Posted in Uncategorized |

Queen Anne Seattle Real Estate Report

Thinking of listing or buying homes for sale in Queen Anne, Seattle? You came to the right spot! Before you do anything, you will want to find a Queen Anne, Seattle Realtor who will act as your advocate as you navigate the Queen Anne, Seattle Real Estate Market. Working with an experienced Queen Anne, Seattle Realtor who has a proven track record has perks that buyers and sellers can benefit from. A Queen Anne, Seattle Realtor will have the ability to tell you what exactly is happening in the Queen Anne, Seattle Real Estate Market, which is something you can use when making or accepting an offer. Details like average and median sold prices for homes for sale in Queen Anne, Seattle, along with days on market and the month supply can help both buyers and sellers. Sellers can use this information to price their property according to market value, which allows for a shorter market time while attracting multiple offers. Buyers can find out the necessary details that help create an offer that stands out to sellers, which is so helpful in our current competitive market. So how is the Queen Anne, Seattle Real Estate market doing? Let’s take a look!

As far as the average and median sold prices for homes for sale in Queen Anne, Seattle goes, prices are up. The average is up 12.1% from this time last year at $985,321. This is up by $10,000 as well just from last month. The median sold price is up 14.5% from last year at $870,000. This is up by $12,000 from just last month. The average percentage of list price for this neighborhood is at 104.6%. Your realtor in Queen Anne, Seattle can further explain how you can use this number to your benefit, but it basically indicates your negotiation power and tells us that Queen Anne, Seattle homes for sale are going for over asking.

The amount of Queen Anne, Seattle homes for sale is down 23.8% while the amount of new listings is down 10.2%. Closed sales are down 5.1% and pending sales are down 6.3%. This is all a result of a low month supply, which is currently down from this time last year by 25% at 0.9. The month supply tells us who has control of the Queen Anne, Seattle real estate market. Anything 6 or over is considered balanced while anything less than 4 is a seller’s market. Both the average and median days on market are down. The median days on market for Queen Anne, Seattle homes for sale is 8 while the average is down to 21. If you are looking for a Queen Anne, Seattle Realtor or Queen Anne, Seattle homes for sale, feel free to give me a call. I would be happy to help! If you would like more market reports on other local Seattle neighborhoods, visit our team site www.teamshutes.com.


Posted on July 4, 2018 at 10:21 pm
Molly Shutes | Posted in Uncategorized |

Seattle Real Estate Update

If you are in the market to list or buy homes for sale in Seattle, WA, you are about to enter one of the most competitive markets in the U.S. right now. With little to no inventory and record high demand, you will want to make sure you start off on the right foot regardless of what side of the transaction you are on. There are two ways you can do this, both of which ensure success. The first is finding a Seattle Realtor and the second is understanding the current conditions of the Seattle Real Estate Market. When you align with a Seattle realtor to represent you who is qualified and professional, you can be confident that you have an advocate equipped to guide you through the process. A Seattle Realtor can also give you an accurate update on how the Seattle Real Estate Market is doing and its impact on you as a buyer or seller. Knowing things like days on market, average and median sold prices for homes for sale in Seattle and month supply can benefit you as both a buyer and a seller. As a buyer, you can work with your realtor to craft a competitive offer that stands out in the stack. As a seller, you can price according to market which ensures a short market time and attracting multiple good offers. So how is the Seattle Real Estate market doing? Let’s take a look!

As far as the average and median sold prices for homes for sale in Seattle goes, prices are up. The average is up 13.8% from this time last year at $777,163 and the median is up 16% at $690,000. To understand how much negotiation room you have, the average percentage of list price is currently 105.3%. Ask your realtor in Seattle how you can use this to your advantage but note that at the time this blog was published, Seattle homes for sale are going not only for asking, but over.

As far as inventory goes, the amount of Seattle homes for sale is down 11.7% while the amount of new listings is down 1.9%. Closed sales are down 6.9% and pending sales are down 2.4%. This decrease in inventory is a result of a low month supply. Real Estate in Seattle has been making headlines for some time thanks to high demand and record low properties for sale. This number is down from this time last year by 1.2% at 0.9. To understand the importance of this number, this dictates what kind of market we are in. Anything 6 or over is considered balanced while anything less than 4 is a seller’s market. Your realtor in Seattle will be able to share what this number is as it changes with the market. Both the average and median days on market are down. The median days on market for Seattle homes for sale is 8 while the average is down to 17.

If you are looking for a Seattle Realtor or Seattle homes for sale, feel free to give me a call. I would be happy to help!


Posted on June 18, 2018 at 5:25 pm
Molly Shutes | Posted in Uncategorized |

Magnolia, Seattle Real Estate Update

If you are thinking of buying or listing homes for sale in Magnolia, Seattle, this summer, there are a couple of things you will need to do to get the process started. This first is finding a Magnolia, Seattle Realtor. The second is understanding what is happening in the Magnolia, Seattle Real Estate Market. When you pick a qualified and professional Magnolia, Seattle Realtor, you can have the confidence that you have an experienced professional representing you. Additionally, a Magnolia, Seattle Realtor can help you understand what is happening in the Magnolia, Seattle Real Estate Market. You can use details like average and median sold prices for homes for sale in Magnolia, Seattle and month supply towards your success. As a seller, this insight gives you an idea of how to price appropriately for the current market. This ensures you sell quickly while getting multiple offers. As a buyer, you understand your position in the market and can use that to your advantage by learning what makes a competitive offer, which is important when you are dealing with little to no inventory. So how is the Magnolia, Seattle Real Estate market doing? Let’s take a look!

As far as the average and median sold prices for homes for sale in Magnolia, Seattle goes, prices are up. The average is up 13.2% from this time last year and is officially over the million-dollar mark at $1,004,578. The median sold price is up 16.1% at $871,250. To understand how much negotiation room you have, the average percentage of list price for this neighborhood is at 104.1%. Your realtor in Magnolia, Seattle will further explain how you can use this number to your benefit, but in a nutshell, this indicates your negotiation power as well as tells us that Magnolia, Seattle homes for sale are going for over asking.

As far as inventory in this neighborhood is concerned, the amount of Magnolia, Seattle homes for sale is down 4.3% while the amount of new listings is barely up 0.4%. Closed sales are down 0.2% and pending sales are down 3.3%. The decrease we are seeing in these categories is simply a result of a low month supply. This number is down from this time last year by 21.4% at 1.10. The month supply dictates what kind of market Magnolia, Seattle real estate is in. Anything 6 or over is considered balanced while anything less than 4 is a seller’s market. Your realtor in Magnolia, Seattle will be able to share what this number is as it changes with the market. Both the average and median days on market are down. The median days on market for Magnolia, Seattle homes for sale is 8 while the average is down to 17.

If you are looking for a Magnolia, Seattle Realtor or Magnolia, Seattle homes for sale, feel free to give me a call. I would be happy to help!


Posted on June 13, 2018 at 5:07 pm
Molly Shutes | Posted in Uncategorized |

Queen Anne, Seattle Real Estate Update

Thinking of listing or buying homes for sale in Queen Anne, Seattle? You came to the right spot! Before you do anything, you will want to find a Queen Anne, Seattle Realtor who will act as your advocate as you navigate the Queen Anne, Seattle Real Estate Market. Working with an experienced Queen Anne, Seattle Realtor who has a proven track record has a couple of perks that buyers and sellers can benefit from. The first is resting easy, knowing you have someone to professional representing you throughout the entire transaction. This is so helpful as things don’t always go as planned in the world of real estate. The other perk is that a Queen Anne, Seattle Realtor will have the ability to tell you what exactly is happening in the Queen Anne, Seattle Real Estate Market, which is something you can use when making or accepting an offer. Details like average and median sold prices for homes for sale in Queen Anne, Seattle, along with the month supply and days on market help both buyers and sellers. As a seller, you can use this information to help you price your property according to market value, which allows you to experience a shorter time on the market while attracting multiple offers. Buyers, you can find out the necessary details that help you put together an offer that stands out to sellers, which is so helpful in our current competitive market. So how is the Queen Anne, Seattle Real Estate market doing? Let’s take a look!

As far as the average and median sold prices for homes for sale in Queen Anne, Seattle goes, prices are up. The average is up 13.1% from this time last year at $975,132. The median sold price is up 13.9% at $858,000. The average percentage of list price for this neighborhood is at 104.6%. Your realtor in Queen Anne, Seattle will further explain how you can use this number to your benefit, but in a nutshell, this indicates your negotiation power as well as tells us that Queen Anne, Seattle homes for sale are going for over asking.

As far as inventory in this neighborhood is concerned, the amount of Queen Anne, Seattle homes for sale is down 23.8% while the amount of new listings is down 10.2%. Closed sales are down 5.1% and pending sales are down 6.3%. This is not great news for buyers, however, this is all a result of a low month supply. This number is down from this time last year by 25% at 0.9. To understand the month supply, this tells us who has control of the Queen Anne, Seattle real estate market. Anything 6 or over is considered balanced while anything less than 4 is a seller’s market. Your realtor in Queen Anne, Seattle will be able to share what this number is as it changes with the market. Both the average and median days on market are down. The median days on market for Queen Anne, Seattle homes for sale is 8 while the average is down to 21. This is great news for sellers looking to move their property quickly. Although be prepared for a fast move! Buyers, this tells you that you do not have time to “sleep on it”.

If you are looking for a Queen Anne, Seattle Realtor or Queen Anne, Seattle homes for sale, feel free to give me a call. I would be happy to help!


Posted on June 8, 2018 at 5:00 pm
Molly Shutes | Posted in Uncategorized |

Ballard, Seattle Real Estate Update

Buying or selling homes for sale in Ballard, Seattle? In our current, competitive market, this is an exciting time for both buyers and sellers. Buyers have the potential of owning a property in one of the hottest neighborhoods in Seattle while sellers stand to make a substantial return on investment. In order to successfully achieve your real estate goals, you have two tasks you need to do before you can get started. The first task is finding a Ballard, Seattle Realtor. We guide you through the experience using our professional experience, while also educating you on what is happening in the Ballard, Seattle Real Estate Market. When you align yourself with a professional, qualified Ballard, Seattle Realtor who has a proven track record, you can rest assured knowing you have someone who will be by your side throughout the entire transaction and beyond. The other perk to working with a Ballard, Seattle Realtor who knows this area is you know what exactly is happening in the Ballard, Seattle Real Estate Market. Using details like average and median sold prices for homes for sale in Ballard, Seattle, along with the month supply and days on market can work to your advantage. As a seller, knowing the average and median sold price helps you to price your property according to market value. This helps you sell quickly while attracting multiple offers. As a buyer, you can find out the necessary details that help you put together an offer that stands out in our competitive market, which is crucial right now seeing as most homes are getting multiple offers. So how is the Ballard, Seattle Real Estate market doing? Let’s take a look!

As far as the average and median sold prices for homes for sale in Ballard, Seattle goes, prices are up. The average is up 13.7% from this time last year at $766,103. The median sold price is up 11.1% at $750,000. The average percentage of list price for this neighborhood is at 106.1%. In a nutshell, this number indicates your negotiation power. It also tells us that Ballard, Seattle homes for sale are going for over asking. Your realtor in Ballard, Seattle will further explain how you can use this number to your benefit when it comes to making or accepting an offer.

As far as inventory in this neighborhood is concerned, the amount of Ballard, Seattle homes for sale is down 22% while the amount of new listings is down 11.6%. Closed sales are down 9% and pending sales are down 15.2%. This is not great news for buyers, however, this is all a result of a low month supply. This number is down from this time last year by 20% at 0.4. This number tells us that this neighborhood basically has close to no inventory. Which is not a huge surprise seeing as it is one of the most desirable areas in Seattle. To better understand the importance of what month supply means, it tells us who has control of the Ballard, Seattle real estate market. Anything less than 4 is a seller’s market while anything over 6 is considered balanced. Your realtor in Ballard, Seattle will be able to share what this number is as it changes with the market. Both the average and median days on market are down. The median days on market for Ballard, Seattle homes for sale is 7 while the average is down to 11. Sellers, be prepared to move fast and buyers, “blink and you’ll miss it”, aka if you see a home you like, write an offer immediately. Waiting even an hour could put you out of the running.

If you are looking for a Ballard, Seattle Realtor or Ballard, Seattle homes for sale, feel free to give me a call. I would be happy to help!


Posted on June 2, 2018 at 4:53 pm
Molly Shutes | Posted in Uncategorized |

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