Market Update - December 2023

December 2023 King County NWMLS Market Update 📊⁣⁣⁣ 📉 Interest rates continued to drop to the current rate of 6.61 percent from 7.1 percent in November. 📈 The median sales … Continued

Market Update – November 2023

📉 Interest rates were around 7.2 percent as of December 1, down from 7.8 percent in October, which could have a favorable effect on the overall market if this trend … Continued

Market Update – October 2023

October 2023 King County NWMLS Market Update 📊⁣⁣⁣ 📉 Ongoing interest rate increases continue to influence the seasonal slowdown during the fall and winter months 📉 The median sales price … Continued

Market Update – September 2023

September 2023 King County NWMLS Market Update 📊⁣⁣⁣ 📉 As we enter the fall and winter months, we are seeing a decline in the number of transactions—typical for this time … Continued

Market Update - August 2023

August 2023 King County NWMLS Market Update 📊⁣⁣⁣ 📈 Overall, the NWMLS reported that prices on homes sold during August rose 2.5 percent from a year ago, marking the first … Continued

Market Update - July 2023

July 2023 King County NWMLS Market Update 📊⁣⁣⁣ 📉 Overall, the NWMLS report showed declines in listings, pending sales, closed sales and prices compared to a year ago. 📈 The … Continued

Market Update - June 2023

June 2023 King County NWMLS Market Update 📊⁣⁣⁣ 📈 Brokers reported the highest volume of closed sales last month since September 2022 📈 The median sales price for King County … Continued

Market Update – May 2023

May 2023 King County NWMLS Market Update 📊⁣⁣⁣ 📈 Home buyers saw the largest selections of listings available in May since December—While both pending and closing sales reached their highest … Continued

Market Update – April 2023

April 2023 King County NWMLS Market Update 📊⁣⁣⁣ 📈 As we approach the summer months, NWMLS statistics show that well priced homes continue to receive multiple offers and move quickly … Continued

Market Update: February 2023

February 2023 King County NWMLS Market Update 📊⁣⁣⁣ 📈 MLS statistics show upticks in new listings, pending sales, closed sales and median prices compared to January of this year 📈 … Continued

Market Update - January 2023

January 2023 King County NWMLS Market Update 📊⁣⁣⁣ 📈 At the current rate of sales, it would take two and a quarter months to sell every home that is active … Continued

Market Update - December 2022

December 2022 King County NWMLS Market Update 📊⁣⁣⁣ 📈 December showed continued growth in the number of active listings, but drops in the number of pending and closed sales 📈 … Continued

Market Update - November 2022

November 2022 King County NWMLS Market Update 📊⁣⁣⁣ 📈 Despite seasonal slowdown, NWMLS brokers report pent-up demand for housing 📈 Sellers who price to the market are attacting offers as … Continued

Market Update - October 2022

October 2022 King County NWMLS Market Update 📊⁣⁣⁣ 📈 Active listings have doubled from a year ago, but prices are still rising. 📈 Inventory was up over over 270 percent … Continued

Arizona Real Estate Market Update

Join us as we chat with Tucker Blalock, Managing Broker and Co-Founder of The Brokery in Phoenix, Arizona. We will be touching on the state of the Arizona housing market, … Continued

Market Update - September 2022

September 2022 King County NWMLS Market Update 📊⁣⁣⁣ 📈 Active listings have nearly doubled from a year ago, but prices are still rising. 📈 Inventory was up over nearly 200 … Continued

Market Update - August 2022

August 2022 King County NWMLS Market Update 📊⁣⁣⁣ 📈 Buyers continue to have more opportunities with increased inventory levels—Inventory was up over 167.74 percent in King County from a year … Continued

Market Update - July 2022

July 2022 King County Market Update 📊⁣⁣⁣ 📈 Buyers now have more opportunities as inventory levels continue to grow—Inventory was up over 180 percent in King County from a year … Continued

Market Update - June 2022

June 2022 King County Market Update 📊⁣⁣⁣ 📈 The May median sales price in King County was up 9.11 percent year-over-year. 📈 Inventory was up nearly 140 percent in King … Continued

Market Update - May 2022

May 2022 King County Market Update 📊⁣⁣⁣ 📈 The May median sales price in King County was up 13.5 percent year-over-year. 📈 Inventory was up 50 percent in King County … Continued

Market Update - March 2022

March 2022 King County Market Update 📊⁣⁣⁣ Despite rising interest rates, activity has not slowed down as we enter the spring and summer months. 📈 The median listing prices in … Continued

Market Update - February 2022

February 2022 King County Market Update Prices continue to trend upward as multiple offer situations are “the norm” for buyers. 📈 The median sales price in King County was up … Continued

Market Update - January 2022

January 2022 King County Market Update 📊⁣⁣⁣ 📈 The median sales price in King County was up nearly 12 percent in King County year-over-year. 📉 Inventory was down nearly 47 … Continued

Market Update - September 2021

September 2021 King County Market Update 📊⁣⁣⁣ 📈 The median sales price in King County was up 6.7 percent in King County from a year ago. 📉 Inventory was down … Continued

Real Estate Market Update - March 2021

📈 Buyer demand remains high number of pending sales are continuing to out-gain the number of new listings. ⁣ 📉 Inventory was down nearly 48 percent year-over-year in King County, … Continued

Market Update - September 2020

The latest stats are out from the NWMLS for September! Last month the NWMLS recorded 10,175 completed sales, the highest monthly volume since June 2018! Inventory was down 43 percent … Continued

Market Update - July 2020

The latest stats are out from the NWMLS for July! Last month, brokers added the largest number of new listings in a month since May of last year. Despite the … Continued