Local Market Analysis

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

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 […]
Local Market Analysis, Quarterly Reports

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 […]

Facebook
X
Pinterest
Copy Link

Facebook
X
Pinterest
Link copied to clipboard

Copy Link

Social Links Widget

Click here to edit the Social Media Links settings. This text will not be visible on the front end.

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 […]

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 […]

Don't Miss Our Next Post

Subscribe Now

Consent to Contact

I consent to receive marketing content from Windermere Real Estate and licensed agents within. This includes, but is not limited to, relevant market reports, listing information, newsletters, and event info. Consent can be withdrawn at any time by clicking the "unsubscribe" link contained in any email.

See our Privacy Policy for more details.

You have been subscribed

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 […]

Local Market Analysis Quarterly Market Trends: Seattle Metro Q4 2017 Price growth was particularly strong in 2017! Median was up 15% and average price up 14% over 2016. Median price in 2017 landed at $710,000 and the average at $801,000. The average amount of days it took to sell a house in 2017 was 18 days, which is 10% faster than 2016. The […]

Local Market Analysis Quarterly Market Trends: North King County Q4 2017 Price growth was particularly strong in 2017! Median and average prices were up 14% over 2016. Median price in 2017 landed at $715,000 and the average at $787,000. The average amount of days it took to sell a house in 2017 was 17 days, which is 19% faster than 2016. The average list-to-sale […]

Local Market Analysis Quarterly Market Trends: South Snohomish County Q4 2017 Price growth was particularly strong in 2017! Median was up 14% and average price up 12% over 2016. Median price in 2017 landed at $508,000 and the average at $543,000. The average amount of days it took to sell a house in 2017 was 24 days, which is 17% faster than 2016. The […]

Local Market Analysis Quarterly Market Trends: North Snohomish County Q4 2017 Price growth was particularly strong in 2017! Median and average prices were up 13% over 2016. Median price in 2017 landed at $371,000 and the average at $400,000. The average amount of days it took to sell a house in 2017 was 35 days, which is 10% faster than 2016. The average list-to-sale […]

Local Market Analysis 6 Predictions for the 2018 Housing Market & Economy Header At Windermere, we have the privilege of working with esteemed economist, Matthew Gardner. Throughout the year, I have shared his quarterly Gardner Reports which delineate out all the different housing markets in Western Washington and reports on price appreciation and sales data. Below is a recent article he wrote about predictions for the 2018 real […]