A rise in new listings is giving buyer’s in the new year more homes to choose from, according to a new report from Redfin.

In its last reading before the end of the year, the National Association of REALTORS®  Pending Home Sales Index posted its fourth consecutive monthly increase in November. 

The median-sales price slid from $425,600 in October to $402,600 last month. 

The priciest new listing in Seattle returns to the market after selling last August for $6 million.

The year-over-year increase of 6.1% is the greatest since June 2021, according to the association. 

More buyers are touring homes and applying for mortgages as the 2024 housing market enters its home stretch, according to a new Redfin report.

According to a report from CashNetUSA, renters in Mercer Island (specifically, the 98040 ZIP code) only need to spend 19.17% of their annual income on rent.

Pending listings fell 23.4% month over month, but jumped 17.9% year over year as 5,516 homes went under contract in November.

Taylor Swift’s cultural impact has moved beyond music and fashion into the design of ultra-high-end real estate. 

Seattle is the 17th-priciest rental market in the country, according to Zumper’s November National Rent Report.

Despite the new record in September, the rate of increase continues to slow. 

The increase follows two months of declines, the National Association of REALTORS® said. 

Brokers from Windermere Real Estate branches are the listing agents for half of the top 10 most expensive new listings in Seattle.

Seattle home sales rose 27.4% year over year in October, according to the latest RE/MAX National Housing Report.

Multifamily construction, meanwhile, rose on a monthly basis. 

Buyers had been sitting on the sidelines awaiting the election’s outcome, as well as drops in mortgage rates, but they are back and looking to buy.