Market NewsReal Estate September 24, 2019

August Market Snap

METRO SEATTLE Real Estate Market Update

August 2019 statistics with % change from July 2019
Sold Listings: 726     -6%
Total Inventory: 1,203     -7%
Average Sales Price: $864,000      -3%
Average Days on Market: 35     +35%

Knowledge, communication, and partnership are key factors to a successful negotiation in Seattle’s market. In general, sellers have endured significantly different market conditions in the past, so their experiences are heavily influencing how they approach their real estate decisions today. Many buyers, on the other hand, have specific objectives in achieving their real estate dream, not motivated by past experiences. Your goals are the priority. Let’s get to work.

Source: Northwest Multiple Listing Service – METRO SEATTLE RESIDENTIAL