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How robust is Seattle’s real estate market? Consider these recent stats. 

• The median sale price of a home in Seattle rose by 26.1% from the previous year. It was $737,800 at the end of May 2021. 
• Almost seventy percent of properties in the Greater Seattle area sold for considerably higher than the asking price. 
• On average, it took only five days to sell a house. 
• The median listing price of a home was $765,000, and the median sale price was $856,800. 

Is that robust enough?

However, this chaotic real estate market has softened a bit in recent weeks. It is taking a little longer for a house to sell. There are also more price reductions. BTW, we now use more exotic words like refreshed pricing or improved price rather than a good old price reduction.
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Live graphs give you current data

What is my home worth? This question is the first step when people start to think about selling their house. Having the most current and up-to-date data about recent activity is crucial to answering this question. This blog post is unique. It includes live graphs that show you the last twelve months’ data for Redmond, Sammamish, Kirkland, and Bellevue. If you require more extensive data, please reach out and we will get you what you seek. A broader picture shows that the demand for homes increased significantly starting in the summer, while the supply went down a lot, mostly due to homeowners are not eager to sell during COVID-19 unless there is a dire need to do so.
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