This past week we witnessed significantly more homes coming on the market after the lull due to the Independence Day 🧨holiday. The addition for 64 new homes brought the overall inventory up to 167. Based on our experience with open house attendance 🧑🤝🧑 this past weekend, we anticipate a pickup in sales this coming week. It should be good news for sellers as 53% of homes 🏡 sold last week were above the asking price. In this video, we go over 🧮 the numbers and statics, and provide our analysis.
Check out the blog that we recently wrote called “Negotiating Home Plate” if you’re considering selling your home. In this post, we compare the home selling process with running the bases of a baseball diamond. Each base represents a moment in the process that could potentially cause delays. Our goal with our Sellers is to hit a home run without stopping on any base. This ensures the process goes smoothly and with the least amount of stress! Visit our blog to read the full article: https://www.brennerhill.com/blog/home…
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We hope you enjoy the respite from our heat spell! -Steve & Sandra
𝐴𝑛𝑑 𝑎𝑠 𝑎𝑙𝑤𝑎𝑦𝑠, 𝑖𝑓 𝑦𝑜𝑢 ℎ𝑎𝑣𝑒 𝑎𝑛𝑦 𝑎𝑑𝑑𝑖𝑡𝑖𝑜𝑛𝑎𝑙 𝑟𝑒𝑎𝑙 𝑒𝑠𝑡𝑎𝑡𝑒 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
Steve: It’s Monday July 12th and time for our Monday Market Update for real estate stats in Northwest Seattle. As expected there were significantly more new listings after the 3 day holiday weekend. We had 64 new listings hit the market, which brought our overall inventory up to 167.
Sandra: Yes, so Sellers were back, but where are the buyers? We only had 33 homes go under contract last week. That is the lowest in 5 months. We had 20 go Pending and 13 go Pending Inspection.
Steve: Sales should pick up this week. Activity was really good at open houses this weekend. At one of our listings, we had about 20 couples through, which is great turnout.
Sandra: My open house had a few neighbors, but the vast majority were serious buyers who saw it online and came in. We had 45 homes last week. 53% sold over the asking price. We’ve been talking about this for a couple of weeks now. As Brokers and Sellers get better at pricing at the true market value, the number of homes that sell above asking should go down. The average sold price per sq/ft has been relatively unchanged for the past 3 weeks. This week it was $555 so good news for sellers.
Steve: Definitely. So, a lot of people ask Sandra and I, “You know what, we’re thinking about “selling our home this fall and what should we do to get it ready?” Well, we are always happy to meet with you to let you know what you should do, but most importantly, what you shouldn’t do. Because we wanna make sure that when you’re spending money to get your home ready for sale, that you’re really focusing on things that are gonna give you a fantastic return on investment. So, reach out to us. We’re happy to give you our opinion and, of course, there’s never any obligation.
Sandra: So, like this video and please subscribe to our channel, and have an amazing week.
Steve: Thank you everybody.