Eastside Real Estate Market Update: January 2019

Looking back over the last few years we can see some interesting changes in listings, interest rates and more from our local Eastside real estate market. Here are some of the facts:

Interest Rates

Interest rates are always changing. Do you know where they’re are at right now or how big of a role they should play in your real estate plans? If you are concerned about interest rates and their effect on your ability to buy, get in touch with me for a realistic evaluation.

Number of New Listings

The illustration above shows a change in the number of new residential listings every three years from 2009 to 2018. The percentage change is in comparison to the year directly before.

Active vs Pending

NWMLS stats for residential properties: Areas 500-600 except areas 501 and 561. Information and statistics derived from Northwest Multiple Listing Service.

If you have questions about how these facts might affect your decision to make a move or invest in real estate, send me an email or give me a call at 206-595-4284!

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