Local Market Update – April 2024
It’s the time of year when for-sale signs typically start popping up like tulips and daffodils. Houses show well in...
Local Market Update – March 2024
Seasonal changes are starting to take shape across the region and the local real estate market is experiencing cautious optimism....
Local Market Update – February 2024
Like some plants and trees, the local real estate market is starting to bloom. Last month, median residential sold prices...
Local Market Update – January 2024
Despite moments of snow in Western Washington, the local real estate market is slowly warming, as new opportunities arise for...
Local Market Update – December 2023
As we march steadily into the cooler winter months, the expected seasonal slowdown is upon us. Interest rate increases have…
Local Market Update – November 2023
As we march steadily into the cooler winter months, the expected seasonal slowdown is upon us. Interest rate increases have…
Local Market Update – October 2023
With the fall season finally upon us, the behavior of the housing market is like the range in outdoor temperatures:…
Local Market Update – September 2023
As summer draws to a close, the local housing market remains somewhat unsettled.
Local Market Update – August 2023
The dog days of summer are upon us, and along with stifling heat comes…
Local Market Update – July 2023
The more frenetic activity of a typical spring real estate market has certainly hit our area, with buyers out in droves lookin…
Local Market Update – June 2023
The more frenetic activity of a typical spring real estate market has certainly hit our area, with buyers out in droves looking for homes. What they’ve found, however, is
Local Market Update – May 2023
As the weather warms, so too does our real estate market, it seems. With dwindling inventory and climbing prices, the housing market is on an upswing, even if it’s a small one. This places sellers back in the driver’s seat, with buyers forced to compete against multiple offers and in the face of higher interest rates than last spring.
Local Market Update – April 2023
Spring has truly arrived in our region, with longer days and blooming cherry blossoms. Along with these harbingers of the season, the pace of the local real estate market has also picked up, indicating that the spring market is finally here. An uptick in new listings and price gains in the last month demonstrates a typical seasonal pattern, and buyers and sellers are adjusting their strategies accordingly.
Local Market Update – March 2023
A recent surge in purchase activity indicates that the early spring real estate market is in full swing in our region.
Local Market Update – February 2023
Spring may have come early to the local housing market, with home sales increasing and multiple offers sneaking back into the norm…
Local Market Update – January 2023
The close of 2022 brought the housing market extremes of the last year into sharp focus.
Local Market Update – December 2022
As temperatures drop and we approach the end of the year, the local housing market has remained somewhat sluggish — an indication of a return to normal seasonality.
Local Market Update – November 2022
As the final quarter of 2022 rolls on, it’s clear that these last months will be anything but typical for home buyers and sellers in King and Snohomish counties.
Local Market Update – October 2022
Increasing listings inventory, lengthening time on market and a slowdown in home price increases across the Puget Sound region herald a return to normalcy and better opportunities for buyers.
Local Market Update – September 2022
After its breakneck pace over the last two years, it appears the housing market has finally reached a soft bottom to the price corrections that began in April of this year.