🤔𝑪𝒖𝒓𝒊𝒐𝒖𝒔 𝒘𝒉𝒂𝒕 𝒕𝒉𝒆 𝑵𝑾 𝑺𝒆𝒂𝒕𝒕𝒍𝒆 𝑹𝒆𝒂𝒍 𝑬𝒔𝒕𝒂𝒕𝒆 𝑴𝒂𝒓𝒌𝒆𝒕 🏘️ 𝒊𝒔 𝒅𝒐𝒊𝒏𝒈 𝒕𝒉𝒊𝒔 𝒎𝒐𝒏𝒕𝒉? 𝑳𝒆𝒕 𝒖𝒔, 𝒚𝒐𝒖𝒓 𝑩𝒂𝒍𝒍𝒂𝒓𝒅 𝒕𝒐 𝑩𝒓𝒐𝒂𝒅𝒗𝒊𝒆𝒘 𝒆𝒙𝒑𝒆𝒓𝒕𝒔, 𝒇𝒊𝒍𝒍 𝒚𝒐𝒖 𝒊𝒏. 𝑾𝒆’𝒍𝒍 𝒍𝒆𝒕 𝒚𝒐𝒖 𝒌𝒏𝒐𝒘 𝒉𝒐𝒘 𝒎𝒂𝒏𝒚 𝒉𝒐𝒎𝒆𝒔 🏡 𝒂𝒓𝒆 𝒄𝒖𝒓𝒓𝒆𝒏𝒕𝒍𝒚 𝒐𝒏 𝒕𝒉𝒆 𝒎𝒂𝒓𝒌𝒆𝒕 𝒂𝒏𝒅 𝒉𝒐𝒘 𝒍𝒐𝒏𝒈 ⏲️ 𝒕𝒉𝒆𝒚 𝒂𝒓𝒆 𝒔𝒕𝒂𝒚𝒊𝒏𝒈 𝒕𝒉𝒆𝒓𝒆. 𝑻𝒉𝒊𝒔 𝒘𝒊𝒍𝒍 𝒉𝒆𝒍𝒑 𝒚𝒐𝒖 𝒎𝒂𝒌𝒆 𝒊𝒎𝒑𝒐𝒓𝒕𝒂𝒏𝒕 𝒉𝒐𝒎𝒆 🅱🆄🆈🅸🅽🅶 𝒂𝒏𝒅 🆂🅴🅻🅻🅸🅽🅶 𝒅𝒆𝒄𝒊𝒔𝒊𝒐𝒏𝒔. 🔑
Curious about the Seattle real estate market?
Should you wait to buy or sell in Seattle?
Well, let’s take a closer look at what’s happening in Northwest Seattle. The market has been slowing down for the past 18 months. We are no longer in a hot sellers’ market but more in a balanced market. Let me give you an example of what I’m talking about. In all of 2019, the average days on market for homes ranging from 650,000 to 850,000 was 29 days. Right now the average days on market for Active homes in the same price range is 58 days. That’s almost double. At the time that this video was created, we have 307 active homes for sale in Northwest Seattle. At the beginning of January, we had 170 homes on the market. That’s an increase of 80%. So what does this mean? It means that, with more inventory, you need to make sure that your home gets massive marketing exposure, it’s ready and available to show when the buyers want to see it, and that your home is in really good condition. When there’s more competition, you want to make sure that the carpets are clean or new, the walls are free of scuff marks, and it’s as turnkey as possible.
Remember, Buyers have a lot of other homes to choose from that might look better than yours. Right now in NW Seattle in the $750,000 to $850,000 price range, there are 49 homes to choose from. According to the National Association of Realtors, a buyer typically only looks at 10 homes, so right now, there is 5 times that amount of homes on the market, so you’ve got competition. You will have a much better chance of getting chosen, of buyers wanting to see your property if your marketing is on-point. You want lots of high-quality pictures and video, and your home must be exposed digitally to the masses. Don’t wait for buyers to find you. You need to make sure that your marketing is showing up online where the buyers are actually looking. That way, you can sell your house, even with more competition. But keep in mind, it’s still is going to take a lot longer than normal, so be prepared.
𝐴𝑛𝑑 𝑎𝑠 𝑎𝑙𝑤𝑎𝑦𝑠, 𝑖𝑓 𝑦𝑜𝑢 ℎ𝑎𝑣𝑒 𝑎𝑛𝑦 𝑎𝑑𝑑𝑖𝑡𝑖𝑜𝑛𝑎𝑙 𝑟𝑒𝑎𝑙 𝑒𝑠𝑡𝑎𝑡𝑒 𝑟𝑒𝑙𝑎𝑡𝑒𝑑 𝑞𝑢𝑒𝑠𝑡𝑖𝑜𝑛𝑠, 𝑓𝑒𝑒𝑙 𝑓𝑟𝑒𝑒 𝑡𝑜 𝑐𝑎𝑙𝑙/𝑡𝑒𝑥𝑡 𝑢𝑠 𝑎𝑛𝑦 𝑡𝑖𝑚𝑒! 𝑊𝑒’𝑟𝑒 𝑎𝑙𝑤𝑎𝑦𝑠 ℎ𝑒𝑟𝑒 𝑡𝑜 ℎ𝑒𝑙𝑝! 📱 (𝟮𝟬𝟲) 𝟮𝟳𝟭-𝟳𝟭𝟬𝟬