If you are in the market to buy or list Queen Anne Seattle homes for sale, knowing the current market conditions can help you navigate the experience successfully. As a seller you get an idea of what is an appropriate list price and how quickly homes for sale in Queen Anne Seattle go pending. You also get an idea of your negotiation power with percentage of list price and much more. As a buyer you stand to benefit from this information and use it as a guide when putting together a competitive offer you feel confident about. The better the offer, the higher chance it has of being accepted. In this ultra tight market, utilizing any leverage you can is necessary for your success regardless of what side of the transaction you are on. Using a Queen Anne Seattle realtor is also crucial as we can get you this information as well as help you navigate the entire listing or buying process. So how is this particular neighborhood doing? Let’s take a look!

The average sales price for Queen Anne Seattle real estate has increased 12.7% compared to last year at $919,027. This is up substantially at $30,000 compared to last month. This is the same as far as the median sold price goes. That number has increased 11.3% at $805,000. Interestingly, this number is actually the same as last month. The price per square foot is up 16.1% at $526. The percentage of list price is up 2.3% from this time last year at 104.4%. This means the average home is getting over asking on average.  This is a great time for sellers to put their home on the market!

The good news for buyers is that new listings have seen an increase of 11.4%. If you are buying Queen Anne Seattle homes for sale, you will know that any new inventory is appreciated at this point! However, Queen Anne Seattle homes for sale have gone down 11.4%. Pending sales have gone up 14.8%. Closed sales have gone up 13.8%.  The median days on market is 8 while the average is 19. This is all to be expected since we are in the seller’s market that we are. Homes are selling fast with multiple bids which drives the prices up. The type of market we are in is determined by month supply.  A balanced Queen Anne Seattle real estate market needs a 6 month supply. Currently, we are at a 1.10. If you are looking for a Queen Anne Seattle realtor to help you navigate this current competitive market, give me a call. I would be happy to help!

If you are currently thinking of buying or listing Queen Anne Seattle homes for sale, knowing what is happening in the market is necessary for a successful experience. As a buyer you can benefit from knowing neighborhood stats and use it as a guide for creating a competitive offer. The more competitive offer you bring to the table, the higher chance you have of it being accepted. In this ultra competitive market, using any leverage you have can benefit you. As a seller you know what is appropriate to list at, which helps move your property quickly.  Using a Queen Anne Seattle realtor is also crucial as we can get you this information as well as help you navigate the entire listing or buying process. So how is this particular neighborhood doing? Let’s take a look!

The good news for sellers is that average sales price for Queen Anne Seattle real estate is up 11.7% compared to last year at $898,349. However, this has gone down compared to last month. This is the same as far as the median sold price goes. That number is up 12.6% at $805,000. The percentage of list price is up 2% from this time last year at 104.3%. This means the average home is not only getting full price, but over.  The average percentage of list price has increased 14.9% to $517.

The good news for buyers is that new listings have seen an increase of 13%. If you are buying Queen Anne Seattle homes for sale, you will know that any new inventory is appreciated at this point! Homes for sale have decreased 13.6%. Pending sales, however, have increased 14.9% and closed sales have by 17.7%.  The median days on market is still 8 while the average remains at 19. This is all expected being in the seller’s market that we are. Homes are selling quickly with multiple bids which ultimately drives the prices up. The type of market we are in is determined by month supply.  A balanced Queen Anne Seattle real estate market needs a 6 month supply. Currently, we are at a 1. If you are looking for a Queen Anne Seattle realtor to help you navigate this market, give me a call. I would be happy to help!

The Seattle real estate market has been making headlines across the nation and it doesn’t look like it is stopping anytime soon thanks to strong economic growth, daily transplants looking for housing and a record low inventory level. Because of this, the current Seattle real estate market is so competitive right now that buyers are feeling the pressure and getting a bit frustrated. As sellers have the upper hand, this is a fabulous time to list homes for sale in Seattle but it is a tough time for buyers trying to get into a home for sale in Seattle. Whether you are buying or selling, the use of a qualified Seattle realtor is so important. As a seller we can help you pick the appropriate list price as well as get your home ready for the market. If you are a buyer, working with an experienced Seattle realtor will help you in a few ways. First, we have good working relationships with other brokers, which can aid in making a strong offer. Second, we know of properties that haven’t yet hit the market, but will. Which means, you could get a first look at homes for sale in Seattle before anyone else can. Additionally, we are able to guide you every step of the way using our expertise. So how is the current Seattle real estate market looking? Let’s take a look.

If you are thinking of selling or purchasing Ballard, Seattle homes for sale, knowing what is happening in the local market helps to ensure that you have a good experience. As a buyer, you can utilize the current Ballard, Seattle real estate market stats to come up with an offer you feel confident about. As a seller, you know you priced according to the local market conditions which keeps Ballard, Seattle homes for sale from sitting too long. Which in this market isn’t really an issue unless the home is completely overpriced. Bidding wars and quick sales happen more often than not in the Ballard, Seattle real estate market.  Of course, working with a qualified Ballard, Seattle realtor who can guide you in both selling and buying makes a huge difference. So how is this neighborhood looking currently? Let’s take a look!

The good news for homeowners thinking of listing homes for sale in Ballard, Seattle is that prices have gone up! Both the average and median sold price has increased compared to both this time last year AND just last month. The average has gone up 16.1% at $735,558 while the median has gone up 16.0% at $700,000. Interestingly, while these are considered higher price points compared to the national average, these are still lower compared to some of the other popular nearby neighborhoods. The price per square foot has also increased by 12.9% at $446. Unfortunately for buyers, new listings are down 3.2%, along with a 21.3% decrease for homes for sale in Ballard, Seattle. Pending sales have seen a minimal 1% increase. Closed sales are barely down at 0.4%. Even if you have done little research on Seattle real estate, you are probably aware that this city is in a seller’s market and this neighborhood is no exception. In fact, the monthly supply in Ballard is just 0.6. In order to be considered balanced, a market should have a 6 month supply. The median days on the market is 7, with the average being just 15. This means a majority of homes are accepting offers within two weeks or less. Additionally, the average percentage of list price is 106%, up from last year and slightly from last month. This basically means that in most scenarios, homes for sale in Ballard, Seattle are not only going for asking, they are getting over. If you are a buyer and this feels frustrating to you, us Seattle Realtors get it. My recommendation is choosing a qualified Ballard, Seattle realtor. They usually have strong local ties and close working relationships with other brokers. If you are thinking of buying or selling real estate in Ballard, Seattle, give me a call. I would be happy to help you navigate this popular neighborhood.

If you are thinking of listing or purchasing Ballard, Seattle real estate, you have come to the right blog. Knowing what is happening in the local market is crucial when navigating a competitive market such as this one. As a buyer, knowing what is happening in the Ballard, Seattle real estate market allows you to be confident in your offer price. As a seller, you know you priced appropriately. With demand so high and inventory so low, homes for sale in Ballard, Seattle move quickly. If they are priced according to the recent comparable sales, they are more likely to sell fast with multiple bids.  Of course, working with a qualified Ballard, Seattle realtor who can guide you in both selling and buying makes a huge difference. So how is this neighborhood looking currently? Let’s take a look!

The good news for homeowners thinking of selling real estate in Ballard, Seattle is that prices have gone up! The average has gone up 14% at $702,256 while the median has gone up 15.4% at $675,000. Interestingly, while these are considered higher price points in general, these are still lower compared to some of the other nearby sought after neighborhoods. New listings are down 2.5%, homes for sale have taken a hit at 14% but pending sales and closed sales are up between 1.1%-2.3%. Whether you are buying or selling in Seattle, you likely already know we are in a seller’s market. However, this neighborhood in particular is dealing with some VERY low inventory. The month supply is currently 0.6. In order to be considered balanced, a market should have a 6 month supply. Also, the median days on the market (which is the amount of time a home goes from active to pending) is 8, with the average being 16. Now, The average percentage of list price (which basically determines your negotiation power) is 105.3%. Which means on average homes are not only going for asking, they are getting well over in most scenarios. As a buyer, this sounds frustrating. Our only recommendation is choosing a qualified local Ballard, Seattle realtor. You want someone who has local ties and good working relationships with other brokers so they are aware of Ballard, Seattle real estate before it even comes on the market. If you are thinking of buying or selling real estate in Ballard, Seattle, give me a call. I would be happy to help.

Buying or selling real estate in Seattle, WA? One of the best ways to have a successful experience is knowing what the current market conditions are. As a seller, knowing things like the average and median sold price will help guide you in picking an appropriate listing price while as a buyer, you know a general idea of what to expect as far as an offer price goes. Of course, working with a qualified Seattle, WA realtor that can guide you throughout the transaction also makes a huge difference. You will need someone who is well versed in the local market, as well as someone who acts as your advocate in case things get complicated. In a competitive market like the one we are experiencing today, this is huge! So how is real estate in Seattle, WA doing? Let’s take a look!

The median sold price has gone up 13.3% at $620,000 while the average sold price has gone up 10.6% at $707,364. The average price per square foot for real estate in Seattle, WA is up 10.5% at $432. The average percentage of list price for Seattle, WA real estate is 104.5%. This stat indicates your negotiation power and currently, on average, homes for sale in Seattle, WA are getting over asking. This is due to the fact that we are dealing with a month supply of 1. A Seattle, WA realtor looks for a 6 month supply in order to consider the market “balanced”. To further prove that point, new listings have decreased 2% while homes for sale in Seattle, WA have decreased 14.4%. Pending sales are up, but only by 2.1% and closed sales are up by 2.3%. The median days on market is 8 while the average days on market for Seattle, WA real estate is 23. This means homes for sale in Seattle, WA are moving fast, making it more important than ever to work with a qualified Seattle, WA realtor. If you are looking to buy or sell, give me a call. I would be happy to help!

If you are buying or selling Queen Anne, Seattle real estate, educating yourself on the market conditions can aid you in navigating the transaction from start to finish. As a seller you will know what to expect as far as what is appropriate for pricing, days on market, etc. As a buyer you can get an idea of how much you will spend and what your negotiation power is. Using a Queen Anne, Seattle realtor is beneficial as they can provide you with this information as well as help you navigate any bumps that my pop up throughout the listing or buying process. So how is real estate in Queen Anne, Seattle doing? Let’s take a look!

The average sales price for Queen Anne, Seattle real estate has increased 7.6% at $782,259 while the median has increased 28.7% at $625,000. The new listings have gone down 9.3% while the homes for sale have gone down 41.7%. The pending sales and closed sales have gone up slightly between 2%-3%. The median days on market is 8 while the average is 22. The percentage of list price is 104.4%, which means the average home is not only getting full price but over. Which makes sense as the month supply is less than 1 at 0.8. A Queen Anne, Seattle real estate market needs a 6 month supply in order to be considered balanced. If you are looking for a Queen Anne Seattle realtor to help you navigate this  market, give me a call. I would be happy to help!

When buying or selling Queen Anne, Seattle real estate, being aware of the current market conditions can make all the difference. As a buyer, you can use these stats to help guide your purchasing and negotiation power.  As a seller, you can be aware of what is an appropriate price to list your Queen Anne, Seattle home for sale. This is actually one of the most important things you will do when listing a property. After selecting a qualified Queen, Seattle realtor of course. When you price too high, you risk your Queen Anne, Seattle home for sale sitting on the market too long. This can cause people to think that there is something wrong with the home and results in prospective buyers passing over it completely. If you price it too low in hopes of starting a bidding war (which is a very common thing in the current Seattle real estate market), you could end up leaving money on the table if you pick the wrong bid. Truthfully, when you list at a fair market value, you actually have a better chance of your home selling quicker and for more money. Discussing pricing with your Queen Anne, Seattle realtor ensures you have the most accurate information to come up with that perfect number.  So how is the market looking in the Queen Anne neighborhood? Let’s take a look:

Both the average and median sold price for Queen Anne, Seattle real estate is up! The average is up $887,239 (up 15.9% this time last year) and the median is up 14.6% at $785,000. New listings are also up 3.6% which isn’t a big increase but still great news for buyers. Pending sales are up 17.7% and closed sales are up 17.8%. The two things that are down are the days on market and the month supply. Both of which indicate that this neighborhood is in a seller’s market. The median days on the market is 9 days, which is a quick sale! The average is 17, which is still fast considering the national average is still around 40 days. The month supply is also incredibly low at 1.10. In order for the market to be considered balanced, there should really be a 6 month supply. Of course these statistics change every month, so it is important to stay in close contact with your Queen Anne, Seattle realtor. They can help you navigate how to successfully buy or sell a Queen Anne, Seattle home for sale.

For more information on Queen Anne, Seattle real estate, give me a call! I would be happy to help.