Current Market Data
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The median-sales price slid from $425,600 in October to $402,600 last month.
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The priciest new listing in Seattle returns to the market after selling last August for $6 million.
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The year-over-year increase of 6.1% is the greatest since June 2021, according to the association.
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More buyers are touring homes and applying for mortgages as the 2024 housing market enters its home stretch, according to a new Redfin report.
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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.
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Pending listings fell 23.4% month over month, but jumped 17.9% year over year as 5,516 homes went under contract in November.
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Taylor Swift’s cultural impact has moved beyond music and fashion into the design of ultra-high-end real estate.
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Seattle is the 17th-priciest rental market in the country, according to Zumper’s November National Rent Report.
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Despite the new record in September, the rate of increase continues to slow.
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The increase follows two months of declines, the National Association of REALTORS® said.
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Brokers from Windermere Real Estate branches are the listing agents for half of the top 10 most expensive new listings in Seattle.
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Seattle home sales rose 27.4% year over year in October, according to the latest RE/MAX National Housing Report.
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Multifamily construction, meanwhile, rose on a monthly basis.
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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.
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Homeowners and buyers will prioritize nostalgic, old-world design sensibilities juxtaposed with modern sustainability technologies next year, according to Zillow.
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Mortgages rates fell to 6.08% at the end of September, offering a brief respite for buyers in the Northwest region.