Local Market Update – October 2024
Our local real estate market has remained quite active so far this fall, with positive things happening for both buyers...
Local Market Update – September 2024
In the waning days of summer, the local real estate market saw rising sold prices, declining mortgage rates and rising...
Local Market Update – August 2024
The lazy days of summer are upon us, but home and condo sales are not the least bit idle. Just...
Local Market Update – July 2024
As temperatures rise, so has the supply of for-sale homes in our area. Last month, active inventory continued its upward...
Local Market Update – June 2024
The numbers are in, and last month’s real estate sales data in our region told two tales. The first is...
Local Market Update – May 2024
Our local real estate market is exhibiting seasonal strength, with most areas seeing month-over-month and year-over-year sales gains. Despite continued...
Local Market Update – April 2024
It’s the time of year when for-sale signs typically start popping up like tulips and daffodils. Houses show well in...
Local Market Update – March 2024
Seasonal changes are starting to take shape across the region and the local real estate market is experiencing cautious optimism....
Local Market Update – February 2024
Like some plants and trees, the local real estate market is starting to bloom. Last month, median residential sold prices...
Local Market Update – January 2024
Despite moments of snow in Western Washington, the local real estate market is slowly warming, as new opportunities arise for...
Local Market Update – December 2023
As we march steadily into the cooler winter months, the expected seasonal slowdown is upon us. Interest rate increases have…
Local Market Update – November 2023
As we march steadily into the cooler winter months, the expected seasonal slowdown is upon us. Interest rate increases have…
Local Market Update – October 2023
With the fall season finally upon us, the behavior of the housing market is like the range in outdoor temperatures:…
Local Market Update – September 2023
As summer draws to a close, the local housing market remains somewhat unsettled.
Local Market Update – August 2023
The dog days of summer are upon us, and along with stifling heat comes…
Local Market Update – July 2023
The more frenetic activity of a typical spring real estate market has certainly hit our area, with buyers out in droves lookin…
Local Market Update – June 2023
The more frenetic activity of a typical spring real estate market has certainly hit our area, with buyers out in droves looking for homes. What they’ve found, however, is
Local Market Update – May 2023
As the weather warms, so too does our real estate market, it seems. With dwindling inventory and climbing prices, the housing market is on an upswing, even if it’s a small one. This places sellers back in the driver’s seat, with buyers forced to compete against multiple offers and in the face of higher interest rates than last spring.
Local Market Update – April 2023
Spring has truly arrived in our region, with longer days and blooming cherry blossoms. Along with these harbingers of the season, the pace of the local real estate market has also picked up, indicating that the spring market is finally here. An uptick in new listings and price gains in the last month demonstrates a typical seasonal pattern, and buyers and sellers are adjusting their strategies accordingly.