Monday NW Seattle Real Estate Market Update | July 26th, 2021

This past weekend we had six openΒ πŸšͺΒ house events and it was apparent that buyers are out in force, especially on Saturday. Buyers are super optimistic because they think that there’s a little more inventory and it’s not quite competitive.

As always, we review the NW Seattle area housingΒ πŸ“ˆΒ numbers over the past week. Inventory levels have actually come down a little bit from last week. We currently have 172 homes 🏘️ available in Northwest Seattle, and this week demand definitely outpaced supply. We had 55 new listings hit the market and 63 went pending. The vast majority of homes have gone under contract in 9 days or less.

Interest rates are holding steady at historicallyΒ πŸ“‰Β low levels. A 30-year fixed is at 3.125% and Jumbos are incredibly low at 2.875%. This is great newsΒ πŸ“°Β for buyers and sellers.

​If you’ve been thinking about selling your Seattle home, click to find out what your home is worth in our HOT market! 🏑 Visit We will email you a free Market Analysis Report for your home.Β 

We hope you enjoy your very sunny 🌞week! 

-Steve & SandraΒ 

π΄π‘›π‘‘Β π‘Žπ‘ Β π‘Žπ‘™π‘€π‘Žπ‘¦π‘ ,Β π‘–π‘“Β π‘¦π‘œπ‘’Β β„Žπ‘Žπ‘£π‘’Β π‘Žπ‘›π‘¦Β π‘Žπ‘‘π‘‘π‘–π‘‘π‘–π‘œπ‘›π‘Žπ‘™Β π‘Ÿπ‘’π‘Žπ‘™Β π‘’π‘ π‘‘π‘Žπ‘‘π‘’Β π‘žπ‘’π‘’π‘ π‘‘π‘–π‘œπ‘›π‘ ,Β π‘“π‘’π‘’π‘™Β π‘“π‘Ÿπ‘’π‘’Β π‘‘π‘œΒ π‘π‘Žπ‘™π‘™/𝑑𝑒π‘₯π‘‘Β π‘’π‘ Β π‘Žπ‘›π‘¦Β π‘‘π‘–π‘šπ‘’!Β π‘Šπ‘’β€™π‘Ÿπ‘’Β π‘Žπ‘™π‘€π‘Žπ‘¦π‘ β„Žπ‘’π‘Ÿπ‘’Β π‘‘π‘œΒ β„Žπ‘’π‘™π‘!Β 

SteveΒ πŸ“²Β (c) 206-769-9577Β πŸ“§stevehill@windermere.comΒ 

SandraΒ πŸ“²Β (c) 206-271-7100Β πŸ“§sbrenner@windermere.comΒ 

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