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Eastside QUARTERLY REPORTS Q3 2026   Real estate is always evolving, and today’s market is no exception. After years of rapid appreciation and intense competition, we’re seeing a return to more balanced conditions due to interest rates. Inventory is up, prices have adjusted, and homes are spending more time on the market. For sellers, years of strong appreciation have established […]
Eastside QUARTERLY REPORTS Q1 2026 The start of the 2026 real estate market saw an increase in new listings, creating more inventory for buyers, flat year-over-year price growth, and volatile interest rate fluctuations. As we finished Q1, prices began their seasonal uptick month-over-month, with pending sales also starting to rise. With more selection, the market is favoring well-prepared homes that […]
Lynnwood QUARTERLY REPORTS Q3 2024 The third quarter saw an increase in inventory, a decrease in interest rates, and continued price stability. Interest rates continue to be volatile, and in Q3 they came down by almost 2 points year over year. This caused more buyers to enter the market and pending sales to rise. The number of available listings has […]
Eastside QUARTERLY REPORTS Q4 2023 The story of 2023 was balancing interest rates with home purchases and even home sales. The average weekly rate in 2023 was 6.8% and peaked in October at 7.94%. This caused some buyers to pause due to cost. Many sellers were reluctant to move and give up their low payments based on historically low rates, hence the […]
Eastside QUARTERLY REPORTS Q3 2023 Tight inventory and buyer demand helped fuel the market in the third quarter of 2023 despite rising interest rates. There have been fewer listings in 2023 than in 2022 which has created price growth since the first of the year. Prices peaked in spring 2022, corrected in the second half of 2022, and then they […]
Eastside QUARTERLY REPORTS Q2 2023 The recovery from the 2022 correction continued in Q2 of 2023. Since December 2022, prices have increased at a rapid rate. Inventory remains tight and absorption is steady due to pent-up buyer demand. Shorter days on market and healthy list-to-sale price ratios illustrate when a seller meets the market with appropriate pricing and is in […]
Eastside QUARTERLY REPORTS Q1 2023 We are seeing signs of price stabilization and some growth after the market correction of 2022! Illustrated on the front is the up-down-up trajectory that home prices have experienced over the last year. While we are in the midst of measuring the negative difference from the peak prices of the first half of 2022 to […]
Eastside QUARTERLY REPORTS Q4 2022 2022 was a transitional year for the real estate market that started off incredibly seller-centric and ended in balance. We started 2022 with interest rates hovering in the low 3%, peaked at 7% in late fall, and ended the year hovering in the mid 6%. This significant jump created a correction in home prices as the cost […]
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Eastside QUARTERLY REPORTS Q3 2022 The real estate market is adjusting to new environmental factors as we round out 2022. Interest rates have been on an upward trend since the spring and have increased by 2 points since the first of the year. This has put downward pressure on the peak prices we saw in the spring as we return to more […]
Eastside Quarterly Market Reports for Q2 2022 As we head into the second half of 2022, we are experiencing a shift in the real estate market. The market is starting to balance out after two years of an intense seller’s market. Q1 this year had the lowest amount of inventory we have ever seen, which put upward pressure on prices. With the […]
North King County Quarterly Reports – Q1 2022 The 2022 real estate market started with a bang! We started the year with the lowest amount of available inventory we’ve ever seen coupled with interest rates a point lower than they are now, along with a plentiful buyer pool due to a strong job market and work-from-home influenced moves. The combination of supply and […]
Eastside QUARTERLY REPORTS Q4 2021 2021 was a year that will go down in infamy in regards to the real estate market. Tight inventory levels, historically low interest rates and increased buyer demand influenced by pandemic lifestyle shifts made for an eventful year! 2021 price appreciation is on top of the strong price growth we also saw in 2020. Seller equity is […]
Eastside QUARTERLY REPORTS Q3 2021 As we start the fourth quarter of 2021, homeowners are sitting on top of a heap of appreciation. Annual median price growth has been unprecedented. Pandemic-driven moves, historically low interest rates, and limited inventory have all played into this phenomenon.   The third quarter saw price growth start to level out as many sellers have stair-stepped […]
Quarterly Market Updates Seattle Metro Quarterly Market Reports Q2 2021 The 2021 real estate market continues to be hot! Tight inventory has been a result of intense buyer demand fueled by historically low interest rates and the lucrative tech industry in our area. Also, moves brought about by the COVID effect of remote work options and some people moving towards retirement have brought additional buyers to the […]
Quarterly Market Updates Seattle Metro Quarterly Market Trends – Q1 2021 Q1 2021 signified a measurable shift in the real estate market. Demand since the first of the year has been brisk, proving Q1 2021 to be one of the most impactful times in market history! Interest rates remain historically low, helping to offset the cost of price appreciation. Rates and the lucrative tech-influenced job market have helped pending sales […]
Market Update Seattle Metro 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 6% 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 […]
Seattle Metro Seattle Metro 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 Seattle Metro Market Q1: January 1 – March 31, 2019   SEATTLE METRO: 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 demand. We […]
Market Update Quarterly Reports: Q4 Seattle Metro Q4: October 1 – December 31, 2018 SEATTLE METRO: 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 93%! Over the last 19 years, the average year-over-year price increase has been 6%. This puts into perspective the growth we have experienced, resulting […]
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 […]
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