The Eastside
Monthly Statistics
The graphs below provide a snapshot of the current real estate trends on the Eastside. You can compare the most recent month's trends with that same month one year ago and two years ago. Looking at year-over-year statistics can provide some sense of the health of our market, however it is important to remember that there are always other factors and trends that influence these numbers. Please contact me if you would like a more complete picture of our market, or further explanation of how the latest trends relate to you.
For Sale, Pended, Sold
This graph shows the number of homes for sale, pending, and sold on the Eastside. Looking at the two-year history shows you the seasonality of the real estate market.
Price / Sq. Ft.
This graph shows the average sold price per square footage on the Eastside.
Days on Market & Price Ratio
This graph explores two different, but related aspects of our market. Average days on market means the number of days from the date a property is listed until it goes Pending.
The price ratio shows the difference between the listing price and the final sold price of the property. If a property sells for the full list price, the ratio is 100%. If it sells for less than full price, the percentage will drop below 100. And if it sells for more than list price, the percentage will be larger.
Prices
This graph explores current prices on the Eastside. You can see the median sold price in any given month, the average sold price, and the average price of homes currently for sale, and the relationship between them.
Inventory
This graph shows how many months supply of inventory currently on the Eastside based on pended homes. In other words, if no new listings came to market, how many months it would take until all properties were pending or sold. Zero to three months is considered a Seller's market, three to six months is a balanced, neutral market, and anything above six months is considered a Buyer's market.
Kristine took the time to get to know us, our specific situation, and our hopes and fears. She used her well-researched knowledge of the market, and her thoughtful understanding of our hopes for a future home, and found us something we will cherish for years to come. She was always available to answer our questions, listen to our concerns, and help us to make good decisions. She was a calm voice when I needed to hear one, and because she took the time to get to know me, and my communication style, she knew just what to say to help me hone in on the important aspects of each home and negotiation situation. She is a true professional, and she really knows her stuff. She will take good care of you!
