North King County

Market Update North King County Quarterly Market Trends – Q4 2020   The 2020 real estate market was a bright spot in the economy and the fourth quarter finished strong, with the median price up 7% complete year-over-year. Interest rates started the year just over 3.5% and ended the year under 3%! The long-term average rate is 7.9%, putting into perspective the massive advantage for homebuyers […]
North King County North King County Quarterly Market Trends – Q3 2020   The real estate market continued to positively perform in the third quarter, and is the bright light in the economy during the COVID-19 health crisis. The protocols in place that have helped protect the safety of the community have recently been expanded to allow small group open houses to help address the demand in […]
Market Update Quarterly Reports: Q1 2019 North King County Q1: January 1 – March 31, 2019   NORTH KING COUNTY: Months of inventory was reduced as we finished out the first quarter of 2019. Months of inventory is the amount of months it would take to sell out of homes if no new listings came to market. This illustrates the balance between supply and […]
Market Update Quarterly Reports: Q4 North King County Q4: October 1 – December 31, 2018 NORTH KING COUNTY: 2018 was a year of change and growth. The market shifted from an extreme seller’s market, but still had strong gains. Year-over-year, median price is up 9% and since 2012 has increased 92%! Over the last 19 years, the average year-over-year price increase has been 6%. This puts into perspective the growth we have […]
Market Update Quarterly Reports: Q3 North King Q3: July 1 – September 30, 2018 NORTH KING COUNTY: In September, the average days on market landed at 23 days and the original list-to-sale price ratio 98%. Since May, inventory growth has been noticeable, and has given buyers more options. This has led to more negotiations and fewer bidding wars, which is tempering month-over-month price […]
Market Update Monthly Newsletter Keeping Price Growth in Perspective, Opportunities Abound for Both Buyers and Sellers   “How’s the Market?” is a question I am asked all the time. It is a common segue in casual conversation over the neighbor’s fence, at a cocktail party or family gathering. Now more than ever, the answer to this question is critical, yet fascinating. You see, […]
North King County 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 […]
Lynnwood What’s in your Toolbx 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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