Monday NW Seattle Real Estate Market Update | January 4th, 2021
Happy 2021! If you’ve been thinking about selling your home in the future, you may want to start 2021 off by joining us at our Virtual Home Selling Seminar! We will be hosting it on Zoom on Thursday, January 21st at 5:30PM. Let us know if you would like to join or click here to register!
Due to the holidays last week’s housing numbers were pretty low in NW Seattle. That is typical to this time of year. We do however see Buyers out there especially with the interest rates as low as they are.
If you are ever curious what your home is worth in any given market, we always offer free market analysis reports for your home with no obligation. We think it’s important to always know the value of your assets.
We hope you have a great first week of 2021! Cheers! – Steve & Sandra
We understand that it is a confusing time right now. Each Monday, we will be sending out an update based on our experience over the past week to give you the NW Seattle Real Estate Market’s “Temperature”. We are getting real time updates from our Lender each week as well. We want to make sure that you are as informed as we are. Please don’t hesitate to give us a call or shoot us an email if at any point you have additional questions or questions that relate to your specific situation.
𝐴𝑛𝑑 𝑎𝑠 𝑎𝑙𝑤𝑎𝑦𝑠, 𝑖𝑓 𝑦𝑜𝑢 ℎ𝑎𝑣𝑒 𝑎𝑛𝑦 𝑎𝑑𝑑𝑖𝑡𝑖𝑜𝑛𝑎𝑙 𝑟𝑒𝑎𝑙 𝑒𝑠𝑡𝑎𝑡𝑒 𝘰𝘳 𝘥𝘰𝘸𝘯𝘴𝘪𝘻𝘪𝘯𝘨 𝑞𝑢𝑒𝑠𝑡𝑖𝑜𝑛𝑠, 𝑓𝑒𝑒𝑙 𝑓𝑟𝑒𝑒 𝑡𝑜 𝑐𝑎𝑙𝑙/𝑡𝑒𝑥𝑡 𝑢𝑠 𝑎𝑛𝑦 𝑡𝑖𝑚𝑒! 𝑊𝑒’𝑟𝑒 𝑎𝑙𝑤𝑎𝑦𝑠 ℎ𝑒𝑟𝑒 𝑡𝑜 ℎ𝑒𝑙𝑝!
Steve 📲 (c) 206-769-9577 📧email@example.com
Sandra 📲 (c) 206-271-7100 📧firstname.lastname@example.org
Hey, everybody, welcome to week 43 of our “Monday Market Update”, and happy new year. We are all so excited to have 2020 behind us. And so to start off the new year right, we have our upcoming virtual home selling seminar which will be on Zoom.
It will be Thursday, January 21st at 5:30 PM.
And we’re gonna cover five main topics that every seller needs to learn about.
So we’re gonna talk about
#1 Understanding the market
#2 Pricing your home
#3 Prepping your home for sale
#4 Working with offers, and then
#5 The benefits of having a full home inspection.
So, anyhow, if you are interested in attending, just click below and sign up, it will be two hours of really good time spent.
But hey, so Steve, what has happened in our last week of 2020 in real estate?
Thank God, 2020s over, right? We had a slow week obviously because of the holidays. So last week in Northwest Seattle there were a total of 95 homes for sale. There were 18 new listings that came on, 16 of those were vacant and four of those had review dates. So not many homes are having review dates any longer. Pending sales. Homes that went pending, 16, went pending with 46 days average on the market. Homes that went pending inspection, four homes with an average market time of 32 days. And homes that sold, 23 homes sold last week in Northwest Seattle with an average market time of 28 days. And average price per square foot jumped up a bit to $525 a square foot.
Yeah, I was actually surprised that we had that many homes come on the market. I mean, there were a couple of homes that came on on the 31st, which I thought that was, I dunno, I was kind of humored by that. But, I bet people were out looking at homes this weekend. I mean, George, our buyer’s agent, he was out showing homes this weekend. So buyers are out there, interest rates are phenomenal, so I think we’re gonna have another great year in real estate.
But that is it, have an awesome week and we will all see you next Monday. Thanks everybody.