Windermere Real Estate Greenwood, Seattle, WA Videos
Videos by Windermere Real Estate Greenwood in Seattle. Phone: 206-527-5250 Fax: 206-527-3804 Email: [email protected]
Last month, the median sold price of a Seattle single-family home was up 3% year over year, rising from $899,000 to $930,000. Prices rose even though buyers had more listings to choose from; August ended with 34% more inventory than we saw a year ago. With lower interest rates expected, the fall could offer new opportunities for Seattle homebuyers and sellers. Let’s connect to discuss how you can benefit.
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Last month, the median sold price of a Seattle single-family home was up 3% year over year, rising from $899,000 to $930,000. Prices rose even though buyers had more listings to choose from; August ended with 34% more inventory than we saw a year ago. With lower interest rates expected, the fall could offer new opportunities for Seattle homebuyers and sellers. Let’s connect to discuss how you can benefit. #windermererealestate #windermeregreenwood #seattlerealestate #seattlerealestatemarket
Last month, Seattle’s median sold price for a single-family home increased to $965,000, up 7% year over year. Conversely, May ended with 41% more active residential listings in the city than it began with. This new inventory might slow price growth and offer light at the end of the tunnel for home buyers. If you’re curious how this shift in the market could affect your real estate goals, connect with your Windermere agent!
Seattle homebuyers continue to compete hard for the best listings. The median sold price of a single-family home within the city limits was $997,900 last month, up 13% from a year prior, and 68% of residential sales closed at or above list price. Chat with your Windermere agent about what these market dynamics mean for you as a homebuyer or seller.
The median sold price for a Seattle single-family home stood at $850,000 last month, down 3% from a year ago. Mortgage rates have also declined in the past month, down from the mid-7% range to the upper 6% range. Of all recently sold residential listings in Seattle, 45% experienced a price reduction. Connect with your Windermerebroker to explore whether any of these market dynamics represent an opportunity for you.
The median sold price for Seattle single-family homes increased 5% between October and November, from $900,000 to $944,000. The market maintained momentum in November, with 48% of Seattle homes selling at or above asking price and 79% going under contract in 30 days or less. Chat with your Windermere agent to discuss what these numbers might mean for you.
Each year we connect with the local Boys & Girls Club and nearby elementary schools to find families that are in need of a little help during the holiday season. Then our agents pool together funds, go shopping, and put together Thanksgiving meal kits. It’s one of our favorite days of the year! A huge thanks to @chrissadowsky for organizing this again this year! It’s no small feat.
Last month Seattle home prices fell slightly from September, landing at a median of $900,000. Inventory levels dropped as well, and tight supply pushed up the percent of homes selling over list price and selling in under a week. Connect with your Windermere agent to see what these trends mean for you.
Median home prices in the city rose to a median of $926,000 in September, compared to $900,000 last year. Condos in the city have almost 3 months’ inventory, making it a more balanced market. Connect with your Windermere agent to see what this means for you.
Home prices in the city haven’t quite caught up to last year, with the median price landing at $899,000 last in August. Condos in the city saw a 10.5% price gain, indicating high demand. Connect with your Windermere agent to see how this impacts you.
The median home price continues to rise due to extremely low inventory, reaching $930,000 last month. Connect with your Windermere Greenwood agent to see how you can navigate this changing market.
While there’s been monthly price growth in the city, scant supply and higher interest rates are putting a damper on sales. Chat with your Windermere Greenwood real estate agent to see what this market means for you.
The median home price in the city rose again last month, to $886k. Although that’s down significantly from a year ago, it continues the positive growth pattern of 2023. Connect with your Windermere Greenwood broker to see what this means for you!
Last month, home prices were down about 10% from the year prior at $869,975. However, that’s an increase of over 5% from February’s median price of $825,000. Chat with your Windermere Greenwood broker to see what this market means for you.
Last month saw the median home price rise to $825k, more than January, but still down year-over-year. Changing interest rates are causing some buyers to pause, while sellers want to keep their current rates. Your Windermere Greenwood agent can help you find the best path forward in this market.
The close of 2022 brought the housing market extremes of the last year into sharp focus. With decreased sales, generally increasing inventory and lower prices, the December market finally seemed to hit the winter slowdown that has characterized typical market cycles of years past. This stands in contrast to the early months of 2022, which saw sky-high prices and scarce inventory, before the threat of inflation and rising mortgage rates caused the shift in the latter half of the year. Windermere Chief Economist Matthew Gardner commented on this phenomenon. “The local housing market in 2022 ended with a whimper rather than a bang. Overall, the housing market is going to continue falling off the artificial ‘sugar high’ that was a function of the artificially low mortgage rates during the pandemic,” he said. This is not necessarily a bad thing, as stability in the market could translate to more predictable price appreciation for sellers, and better circumstances for buyers to enter the market. In most cases, it’s low- and middle-priced homes that are missing from the market, so many first-time buyers still have plenty of pent-up demand for inventory that meets their needs and financial situations. Looking ahead, Matthew Gardner expects 2023 will see continued price declines. However, “With mortgage rates expected to slowly fall from current levels, sale prices should start increasing again in the second half of the year,” he said. Gardner continued, “Ultimately, once prices pull back to where they would have been if the pandemic had never occurred, they will start to stabilize and then return to a more normalized pace of appreciation.” Sellers and buyers have certainly felt the impacts of shifting economic conditions on the housing market. A slower market pace and modest price decreases may be necessary to help reset expectations on both sides and set up sustained future success. If you have questions about how to make the most of the current mar