Local Market Update

Local Market Update Windermere Neighborhood Update November 2021 MARKET REPORT As we head toward the end of the year, the housing market traditionally slows down. This year activity was even slower than normal, with record-low inventory and correspondingly fewer sales. Prices are not appreciating at the pace they were in the Spring, but they continue to be up as compared to a year […]
Eastside Market Review Local Market Update November 2021 As we head toward the end of the year, the housing market traditionally slows down. This year activity was even slower than normal, with record-low inventory and correspondingly fewer sales. Prices aren’t appreciating at the pace they were in the spring, but they continue to be up as compared to a year ago. While potential […]
Buying & Selling Western Washington Q3 2021 Market Update The following analysis of the Western Washington real estate market is provided by Windermere Real Estate Chief Economist Matthew Gardner. We hope that this information may assist you with making better-informed real estate decisions. For further information about the housing market in your area, please don’t hesitate to contact your Windermere Real Estate agent. REGIONAL […]
Local Market Update Windermere Neighborhood Update October 2021 MARKET REPORT Despite a boost in new listings, inventory remained as tight as ever in September. Home prices in most of the region continued their pattern from the past few months, up from a year ago but falling slightly from the prior month. The market traditionally slows down as we move into the holiday season, […]
Eastside Market Review Local Market Update October 2021 Despite a boost in new listings, inventory remained as tight as ever in September. The shortage of homes for sale combined with pent-up buyer demand and low interest rates kept prices high as compared to the same time last year. However, home prices over the past few months appear to be leveling out. The market […]
Local Market Update Windermere Neighborhood Update September 2021 MARKET REPORT Prices appear to be cooling, according to Windermere Chief Economist Matthew Gardner. He believes this is because we are hitting a price ceiling and the rapid pace of home price appreciation will continue to cool as we move through the rest of the year. The median list price was lower in August than […]
Eastside Market Review Local Market Update September 2021 Prices appear to be cooling, according to Windermere Chief Economist Matthew Gardner. In King County, the median list price was lower in August than in July, and the median sales price also dipped slightly from the prior month. “I believe this is because we are hitting a price ceiling and that the rapid pace of home price appreciation […]
Local Market Update Windermere Neighborhood Update August 2021 MARKET REPORT The typical Summer slowdown brought some good news for those looking to buy a home. As the temperature went up, so did the number of homes on the market. With more homes and less multiple offers in comparison to last year, we’re starting to see even the slightest ease in this competitive market […]
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Eastside Market Review Local Market Update August 2021
Buying & Selling Western Washington Q2 2021 Market Update The following analysis of the Western Washington real estate market is provided by Windermere Real Estate Chief Economist Matthew Gardner. We hope that this information may assist you with making better-informed real estate decisions. For further information about the housing market in your area, please don’t hesitate to contact your Windermere Real Estate agent. REGIONAL […]
Local Market Update Windermere Neighborhood Update July 2021 MARKET REPORT Is there finally hope for homebuyers? The number of listings rose slightly throughout the region in June, but it’s not clear if that trend will continue. Supply is still far short of demand and the Puget Sound region remains one of the HOTTEST housing markets in the country. You can read the latest […]
Eastside Market Review Local Market Update July 2021 With the slight spike in the amount of listings in June, it seemed as though there may have been the smallest glimpse of hope for homebuyers. However, it’s still hard to predict whether this trend will continue. Despite the slight spike the inventory is still less than the demand, and our beloved Puget Sound region […]
Local Market Update Windermere Neighborhood Update June 2021 MARKET REPORT May was a record-breaking month for the Real Estate market. Inventory hit all-time lows and home prices reached record highs. With the supply of homes so tight, this sizzling seller’s market is expected to continue throughout the Summer. With the local economy remaining strong and population continuing to grow, don’t expect demand to […]
Eastside Market Review Local Market Update June 2021 May was a record-breaking month for the real estate market. Inventory hit all-time lows, and home prices reached record highs. With the supply of homes so tight, this sizzling seller’s market is expected to continue throughout the summer. High demand hammered inventory in May. While the number of new listings increased, homes sold within days, […]
Local Market Update Windermere Neighborhood Update May 2021 MARKET REPORT A sizeable increase in new listings in April offered some good news for buyers, but it was matched by an even greater increase in sales. With supplies depleted and homes being snapped up within days, nearly every area saw double-digit price gains. The current forecast as we head toward Summer: the market remains […]
Eastside Market Review Local Market Update May 2021 A sizeable increase in new listings in April offered some good news for buyers, but it was matched by an even greater increase in sales. With supplies depleted, and homes being snapped up within days, nearly every area saw double-digit price gains. The current forecast as we head towards summer: the market remains as hot […]
Buying & Selling Western Washington Q1 2021 Market Update The following analysis of the Western Washington real estate market is provided by Windermere Real Estate Chief Economist Matthew Gardner. We hope that this information may assist you with making better-informed real estate decisions. For further information about the housing market in your area, please don’t hesitate to contact your Windermere Real Estate agent.   […]
Eastside Market Review Local Market Update April 2021 Despite a bump in new listings the supply of homes still can’t keep up with the demand. The result? Multiple offers, escalation clauses, and record-breaking prices. If you’re considering selling your home, you’d be hard pressed to find a more lucrative market than what we have today. March marked the first post-COVID/pre-COVID comparison, and the […]
Eastside Market Review Local Market Update March 2021 Neither the snowstorm nor the increase in mortgage rates dampened buyer demand in February. Lack of inventory continues to be a frustration as there are way more prospective buyers than there are homes for them to buy. As a result, prices continued their upward climb. While the number of homes for sale edged up, it […]
Eastside Market Review Local Market Update February 2021 This winter’s real estate market is looking more like a typical spring market. Sales were up, competition was fierce and prices continued to rise. Lack of inventory still presents a huge issue. At the end of January there were only 1,055 single-family homes on the market in all of King County, 33% fewer than a […]