King County

Buying QUARTERLY REPORTS Q1 2024 After an almost two-year journey of recovery and stabilization since the spring 2022 correction, the market has started to experience solid price appreciation. The median price in Q1 2024 vs. Q1 2023 shows that despite interest rates remaining stubborn, buyer demand is returning to the market. Improved consumer confidence and acclimation to lending costs have caused […]
Buying Phill was Right! Spring Arrives Early for our Local Real Estate Market When Punxsutawney Phill climbed up to his perch at Gobblers Knob on February 2nd and did not see his shadow, an early spring was predicted. Little did we know that he would be referring to the real estate market! As we experience temps in the 30s and scattered snow showers in the first week of March, we […]
King County QUARTERLY REPORTS Q2 2023 The recovery from the 2022 correction continued in Q2 of 2023. Since December 2022, prices have increased at a rapid rate. Inventory remains tight and absorption is steady due to pent-up buyer demand. Shorter days on market and healthy list-to-sale price ratios illustrate when a seller meets the market with appropriate pricing and is in […]
Buying Holy Shift, Again! Most of the Market Correction Behind Us & Growth Ahead! Markets change fast! We experienced a substantial shift in 2022 with the first half of the year feeling like a completely different market than the second half of the year. A 3-point increase in interest rate was the main culprit along with inflation and affordability for the 2022 market correction we experienced. A market correction is defined […]
King County QUARTERLY REPORTS Q3 2022 The real estate market is adjusting to new environmental factors as we round out 2022. Interest rates have been on an upward trend since the spring and have increased by 2 points since the first of the year. This has put downward pressure on the peak prices we saw in the spring as we return to more […]
King County South King County Quarterly Market Reports Q2 2021 The 2021 real estate market continues to be hot! Tight inventory has been a result of intense buyer demand fueled by historically low interest rates and the lucrative tech industry in our area. Also, moves brought about by the COVID effect of remote work options and some people moving towards retirement have brought additional buyers to the […]
King County Seattle Metro Quarterly Market Reports Q2 2021 The 2021 real estate market continues to be hot! Tight inventory has been a result of intense buyer demand fueled by historically low interest rates and the lucrative tech industry in our area. Also, moves brought about by the COVID effect of remote work options and some people moving towards retirement have brought additional buyers to the […]
King County Eastside Quarterly Market Reports Q2 2021 The 2021 real estate market continues to be hot! Tight inventory has been a result of intense buyer demand fueled by historically low interest rates and the lucrative tech industry in our area. Also, moves brought about by the COVID effect of remote work options and some people moving towards retirement have brought additional buyers to the […]
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King County North King Quarterly Market Reports Q2 2021 The 2021 real estate market continues to be hot! Tight inventory has been a result of intense buyer demand fueled by historically low interest rates and the lucrative tech industry in our area. Also, moves brought about by the COVID effect of remote work options and some people moving towards retirement have brought additional buyers to the […]
King County South King County Quarterly Market Trends – Q2 2019 Increased pending activity is an indication of strong buyer demand which is very much being driven by historically low interest rates, a thriving job market, and an overall strong local economy. In fact, interest rates are an entire point lower than they were a year ago! This affords buyers a price point that is 10% […]
King County Seattle Metro Quarterly Market Trends – Q3 2019 Increased pending activity is an indication of strong buyer demand which is very much being driven by historically low interest rates, a thriving job market, and an overall strong local economy. In fact, interest rates are an entire point lower than they were a year ago! This affords buyers a price point that is 10% […]
King County Eastside Quarterly Market Trends – Q2 2019 Increased pending activity is an indication of strong buyer demand which is very much being driven by historically low interest rates, a thriving job market, and an overall strong local economy. In fact, interest rates are an entire point lower than they were a year ago! This affords buyers a price point that is 10% […]
King County North King County Quarterly Market Trends – Q3 2019 Increased pending activity is an indication of strong buyer demand which is very much being driven by historically low interest rates, a thriving job market, and an overall strong local economy. In fact, interest rates are an entire point lower than they were a year ago! This affords buyers a price point that is 10% […]
King County South King County Quarterly Market Trends – Q1 2019 Months of inventory has reduced as we finished out the first quarter of 2019. Months of inventory is the amount of months it would take to sell out of homes if no new listings came to market. This illustrates the balance between supply and demand. We peaked at 2.9 months in September of 2018 and found […]
King County Eastside Quarterly Market Trends – Q1 2019 Months of inventory has reduced as we finished out the first quarter of 2019. Months of inventory is the amount of months it would take to sell out of homes if no new listings came to market. This illustrates the balance between supply and demand. We peaked at 3.6 months in December of 2018 and found […]
King County Seattle Metro Quarterly Market Trends – Q1 2019 Months of inventory was reduced as we finished out the first quarter of 2019. Months of inventory is the amount of months it would take to sell out of homes if no new listings came to market. This illustrates the balance between supply and demand. We peaked at 2.5 months in November of 2018 and found […]
King County North King County Quarterly Market Trends – Q1 2019 Months of inventory was reduced as we finished out the first quarter of 2019. Months of inventory is the amount of months it would take to sell out of homes if no new listings came to market. This illustrates the balance between supply and demand. We peaked at 2.5 months in November of 2018 and found […]
Financing Lynnwood Price Appreciation Post: Lynnwood Do you know what your home is worth? This is an example of an actual home that was sold in 2014 and again in 2017, with no remodel or significant improvements in between – for a resounding 42.85% increase in value! This is actual, pound-for-pound appreciation in south Snohomish County. Since 2014, home values […]
King County Cost VS. Value Front Door: Did you know that installing a new front door could provide a 92% return on investment when you sell your home? Have you been curious about which home improvements have the greatest return?  To access the entire Cost vs. Value Report, go to www.costvsvalue.com I am commonly asked which improvements sellers should make […]
King County South King County Market Trends Price growth was particularly strong in 2017! Median was up 13% and average price up 12% over 2016. Median price in 2017 landed at $405,000 and the average at $440,000. The average amount of days it took to sell a house in 2017 was 30 days which is 9% faster than 2016. The average list-to-sale […]