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As expected, new listings jumped last week as many homeowners returned from the holiday. However, buyers have been slower to re-engage—pending sales in Northwest Seattle dropped nearly 19% over the past two weeks, while Southwest Snohomish County slipped less than 10% during the same period. One bright spot for sellers: the average sold price per … Continued

In the last two weeks nearly 18% fewer homes went under contract in NW Seattle than in the previous two-week period. While homes in SW Snohomish County enjoyed almost 12% increase during the same period.  Sold prices in both markets also came down in the past two weeks. We’ve talked about this before – we … Continued

We are pleasantly surprised to see that in NW Seattle homes going under contract for the past two weeks were up by nearly 14%. This is primarily due to the previous week’s activity. This week’s under contract figure was down by over 21% from the previous week.  SW Snohomish was similar with the previous week … Continued

Inventory levels continue to stay high, with new listings up in both NW Seattle and SW Snohomish County. The market slowed this past week versus the previous week, with fewer new listings and fewer homes going under contract. However, when you compare the last two weeks to the previous two weeks, new listing and homes … Continued

We hope everyone had a lovely 4th of July holiday! As expected, activity for both Buyers and Sellers cooled over the past two weeks. There were very few homes that came on the market the week of the holiday, however Buyer activity for that week was surprisingly strong, especially in SW Snohomish County. For the … Continued

Inventory continues to rise in both NW Seattle and SW Snohomish County. New listings were up by 17% in NW Seattle and nearly 14% in SW Snohomish this past two weeks. Most likely some Sellers pushed to get their homes on the market before the 4th of July holiday week.  This upcoming week there will … Continued

It’s been another interesting week for local real estate. Homes going under contract are up in both markets over the past two weeks. In NW Seattle, this is the highest two week number for the year. I’ve said this before, but it is worth repeating! I am pleasantly surprised by the resiliency of Buyers. Sold … Continued

It has been an interesting past few weeks in our local real estate market. On my last report on May 19th, I had pondered whether we were at the beginning of a slowdown. While the market has definitely cooled, I am pleasantly surprised by the number of homes that went under contract in the past … Continued

New listings and inventory have been steadily increasing since the beginning of the year. There was a huge jump (68%) in inventory in NW Seattle, this week over last week. Most likely Brokers listed last week because the previous weekend was Mother’s Day and this upcoming weekend is Memorial Day. SW Snohomish county was also … Continued