Current Market Data

NAR: Home prices rise across the country in the fourth quarter of 2023

Single-family home sales prices increased in 189 out of 221 metro areas analyzed, with the median single-family price in the country rising 3.5% year over year to $391,700.

Seattle real estate market remains slow in January

Following typical seasonal patterns, the Seattle real estate market remained slow in January, according to the latest report from the Northwest Multiple Listing Service.

Luxury home prices hit all-time high; record number cash sales recorded

Redfin points to surge in prices, new luxury listings and a boost in sales as affluent homebuyers and sellers show increased activity.

Seattle ranks first in North America for community spirit

Cities on the West Coast make up many of the top areas in the country to meet new people, with Seattle ranking as the very best.

Downtown Bellevue is one of the priciest neighborhoods in the country

Bellevue residents know that the area is among the most expensive places to find housing in Seattle — but they might be surprised to learn that one Bellevue neighborhood is actually among the priciest in the entire country.

December pending home sales surge past expectations 

Pending home sales rose 8.3% month over month, the National Association of REALTORS® said, marking the largest monthly jump since 2020. 

December new-home sales jump 8%

Declining interest rates spurred the increase. 

Houzz says these kitchen trends will take off in 2024

Notably, renovators are less likely than they were a year ago to undergo kitchen modifications for the purpose of improving the home’s resale value.

Seattle inventory plummets in December

Seattle’s active inventory decreased by one of the largest margins in the United States in December, according to the latest RE/MAX National Housing Report.

The NWMLS shares year in review for 2023

The Northwest Multiple Listing Service released its annual review for 2023, which details market activity in the Northwest region of Washington state.

The 10 most expensive new listings in Seattle

Agents from COMPASS were responsible for many of the most expensive new listings in Seattle this past month.

NAR: Existing-home sales slid 1% in December but are expected to rise 

At the same time, the median sales price rose 4.4% to $382,600. 

Builder confidence jumps in January on falling mortgage rates 

The NAHB/Wells Fargo Housing Market Index (HMI) rose seven points to 44, its second monthly increase in a row. 

Seattle metro area home listings grow as prices stabilize

Home listings grew in December as housing prices stabilized, closing out an interesting 2023 for the real estate market.

Is homeownership on the horizon for American millennials this year?

Nearly all millennials — 93% — say a volatile market is to blame for wrecking homebuying plans, with another 76% saying they expect the market to get worse before they’re able to make a purchase themselves.

Falling mortgage rates, rising listings mark house hunters’ return

With mortgage rates dropping to their lowest levels in almost a year, house hunters are returning to a market that many had shied away from in 2023.

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