Market NewsReal Estate September 20, 2019

End of July 2019 Market Snap

METRO SEATTLE Real Estate Market Update

July 2019 statistics with % change from June 2019
Sold Listings: 756     -1%
Total Inventory: 1,296     -10%
Average Sales Price: $892,000      
Average Days on Market: 26     +13%

Buyers have very specific expectations on what they are looking for, a combination of condition, location/lifestyle and price are all required.

Sellers’ objectives have centered on price and they are beginning to understand that buyers’ definition of value is much more. The complexity between buyers and sellers is the result of different experiences and expectations.

With online data, media coverage, family & friends all providing different perspectives on the market, buyers and sellers are succeeding by utilizing experienced professionals to sift through the voluminous data available.

Knowledge, communication and partnership are critical components of today’s real estate market. I know your goals are unique. Let’s start a conversation.