Local Market Analysis

Local Market Analysis, Quarterly Reports

Quarterly Reports: Q2 Eastside

Q2: April 1 – June 30, 2018 As we head into the summer months we are seeing a healthy jump in inventory in our area. In May, we saw the biggest jump in new listings in a decade! Price appreciation has created this phenomenon, motivating many people to make big moves with their equity. In […]
Local Market Analysis, Quarterly Reports

Quarterly Reports: Q2 North King

Q2: April 1 – June 30, 2018 As we head into the summer months we are seeing a healthy jump in inventory in our area. In May, we saw the biggest jump in new listings in a decade! Price appreciation has created this phenomenon, motivating many people to make big moves with their equity. In […]
Local Market Analysis, Quarterly Reports

Quarterly Reports: Q2 South Snohomish

Q2: April 1 – June 30, 2018 As we head into the summer months we are seeing a healthy jump in inventory in our area. In May, we saw the biggest jump in new listings in a decade! Price appreciation has created this phenomenon, motivating many people to make big moves with their equity. In […]
Local Market Analysis

What’s in Your Toolbox to Navigate the Changing Market?

The late spring market brought about some welcomed change to our local real estate markets. In May, we experienced the largest increase in inventory in a decade! North King County and South Snohomish County are two examples of what is happening in all the markets across the Puget Sound as we head into the […]

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Local Market Analysis Quarterly Reports: Q2 Eastside Q2: April 1 – June 30, 2018 As we head into the summer months we are seeing a healthy jump in inventory in our area. In May, we saw the biggest jump in new listings in a decade! Price appreciation has created this phenomenon, motivating many people to make big moves with their equity. In […]

Local Market Analysis Quarterly Reports: Q2 North King Q2: April 1 – June 30, 2018 As we head into the summer months we are seeing a healthy jump in inventory in our area. In May, we saw the biggest jump in new listings in a decade! Price appreciation has created this phenomenon, motivating many people to make big moves with their equity. In […]

Local Market Analysis Quarterly Reports: Q2 South Snohomish Q2: April 1 – June 30, 2018 As we head into the summer months we are seeing a healthy jump in inventory in our area. In May, we saw the biggest jump in new listings in a decade! Price appreciation has created this phenomenon, motivating many people to make big moves with their equity. In […]

Local Market Analysis What’s in Your Toolbox to Navigate the Changing Market? The late spring market brought about some welcomed change to our local real estate markets. In May, we experienced the largest increase in inventory in a decade! North King County and South Snohomish County are two examples of what is happening in all the markets across the Puget Sound as we head into the […]

Local Market Analysis A Tale of Two First-Time Home Buyers Have you had dreams of owning a home or know someone that does? Jumping into the market as a first-time home buyer can be intimidating, especially within the wild ride of the Greater Seattle market; but there is hope! In an effort to illustrate the reality for first-time buyers in today’s market, our office got […]

Local Market Analysis Does it make more sense to rent or own? The current break-even horizon* in the Seattle metro area is 1.6 years! *The amount of time you need to own your home in order for owning to be a superior financial decision. With rising rental rates, historically low interest rates, and home prices on the rise, the advantage of buying vs. renting is becoming clearer each […]

Local Market Analysis Why we are NOT headed for another housing bubble Double-digit price appreciation has taken place for over 3 years now, so prices are up. Way up. In fact, in just the last year we have seen prices rise 14% year-over-year. When talking with people about our real estate market, the conversation often involves the question, “are we headed toward a bubble?” We get asked […]

Local Market Analysis Quarterly Reports: Q1 North Snohomish Q1: January 1 – March 31, 2018 It is the time of year when our market starts to take off. Spring is here and we are starting to see seasonal increases in inventory. In fact, there was a 54% increase in new listings in March compared to February. That increase was matched by a 50% rise in […]

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Local Market Analysis Quarterly Market Trends: Q1 South Snohomish Q1: January 1 – March 31, 2018 It is the time of year when our market starts to take off. Spring is here and we are starting to see seasonal increases in inventory. In fact, there was a 47% increase in new listings in March compared to February. That increase was matched by a 48% rise in […]

Local Market Analysis Quarterly Market Trends: Q1 North King County Q1: January 1 – March 31, 2018 It is the time of year when our market starts to take off. Spring is here and we are starting to see seasonal increases in inventory. In fact, there was a 55% increase in new listings in March compared to February. That increase was followed by a 41% rise […]

Local Market Analysis Quarterly Market Trends: Q1 Eastside Q1: January 1 – March 31, 2018 It is the time of year when our market starts to take off. Spring is here and we are starting to see seasonal increases in inventory. In fact, there was a 54% increase in new listings in March compared to February. That increase was topped by a 58% rise in […]

Local Market Analysis Quarterly Market Trends: Q1 Seattle Metro Q1: January 1 – March 31, 2018 It is the time of year when our market starts to take off. Spring is here and we are starting to see seasonal increases in inventory. In fact, there was a 69% increase in new listings in March compared to February. That increase was followed by a 48% rise in […]

Local Market Analysis Quarterly Market Trends: Q1 South King County Q1: January 1 – March 31, 2018 It is the time of year when our market starts to take off. Spring is here and we are starting to see seasonal increases in inventory. In fact, there was a 47% increase in new listings in March compared to February. That increase was matched by a 48% rise in […]

Local Market Analysis What the same house sold for 3 years later! Price Appreciation Case Studies in South Snohomish & North King Counties Since 2014, home values have grown by over 10% each year, resulting in a resounding 35% or more return in pricing. Below are some examples of actual homes sold in late 2017 to early 2018 that also sold in 2014, and that were not remodeled or […]

Local Market Analysis A Love Letter to Buyers We often share the advantages of this market for home sellers, which is unbelievably positive. However we thought it was time to give the potential buyers in our marketplace some love, hope, and of course data! Dear Greater Seattle Home Buyer, Let’s just be up front: buying a home in today’s market is not […]

Local Market Analysis Commute Times & Price Premiums: The Value of Location, Location, Location It is the time of year when we like to re-cap the price premiums in our area based on commute times. The price divide continued in 2017 between key market areas in the Greater Seattle area based on proximity to major job centers. These pricing premiums have cemented the drive-to-qualify market. Seattle proper has always been more expensive […]

Local Market Analysis Quarterly Market Trends: South King County Q4 2017 Price growth was particularly strong in 2017! Median was up 13% and average price up 12% over 2016. Median price in 2017 landed at $405,000 and the average at $440,000. The average amount of days it took to sell a house in 2017 was 30 days which is 9% faster than 2016. The […]

Local Market Analysis Quarterly Market Trends: Eastside Q4 2017 Price growth was particularly strong in 2017! Median was up 15% and average price up 16% over 2016. Median price in 2017 landed at $865,000 and the average at $1,049,000. The average amount of days it took to sell a house in 2017 was 24 days, which is 17% faster than 2016. The […]