Current Market Data
The need for more space is common among all self-storage users: 40% of survey respondents listed this as their primary reason for renting storage space.
High demand drove multiple offers on about a third of pending sales, while 28% of homes sold above list price, the National Association of REALTORS® reported.
The median home price fell 11.4% in Seattle, according to the RE/MAX National Housing Report.
The average monthly HOA fee in Washington is $388.
The top 10 most expensive listings added to the Multiple Listing Service in the past month include a downtown penthouse and a charming houseboat.
U.S. government data shows builders increased the pace of single-family home construction while slowing the pace of multifamily starts.
The National Association of Home Builders/Wells Fargo Housing Market Index rose for the fourth month in a row in April as the construction industry remained “cautiously optimistic.”
Seattle ranked at No. 3 overall, behind Madison, Wisconsin (No. 1) and Minneapolis (No. 2).
“All signs point toward a rather unusual market through the end of 2023,” said Dick Beeson, managing broker at RE/MAX Northwest in Tacoma/Gig Harbor. “Lowering prices, lowering interest rates and longer days on the market signal some of the unpredictability of the current market.”
New listings are still in short supply, falling 21.8% from last year.
This was the fourth week in a row of declines, leaving prospective buyers hopeful for sustained low rates throughout spring homebuying season.
One of the best ways sellers can make their home stand out in today’s market is by upgrading their space with luxury renovations and amenities.
Condominium owners looking for more space, access to outdoor areas and increased distance from neighbors often consider a detached home to be a natural upgrade. But are these upsizing dreams actually attainable?
What makes the Puget Sound area so well-suited for an electric car revolution?
The National Association of REALTORS® Pending Home Sales Index rose for the third month in a row, suggesting the housing market’s contraction could be “coming to an end.”
In Seattle, home prices fell 5.1% on a yearly basis and 1.4% on a monthly one.
