Tag Archives: sellers market

Eastside Waterfront Market Update, November 2015

Our market as a whole is not slowing down for winter, and it looks like we have several more Eastside waterfront listings this late fall than last year. While some of these properties are high end properties (in the $2-$6 million dollar range) and take longer in general to sell, we have four that are under $1 million.

waterfront-market-update-nov-2015

Urban Land Institute just named the Seattle metro area the #4 hottest market to watch in 2016 which includes the Eastside. Exciting times ahead!

I am putting my finishing touches on my 2016 predictions. Stay tuned!

For more information on our local real estate market, please give me a call (206) 595-4284 or email at Marcia@HardyRealtyLLC.com.

Eastside Waterfront Market Trends: April 2015

The number of all homes for sale (not just waterfront) as compared to demand is at historic levels.

Buyers are looking for homes, prices are up, and if you have been thinking of a move, now may be an opportune time:

  • Interest rates are still very low, allowing buyers to have more buying power, increasing demand.
  • Our job market is causing the population to increase, increasing demand.

However, each person and situation is different so I encourage you to give me a call to discuss the possibilities.

April 2014 April 2015 Change
Active Listings 21 20 -4.8%
Pending Listings 7 13 +85.7%
Solds 3 5 +66/7%

NWMLS stats for waterfront on the Eastside, around Redmond, Sammamish and Issaquah, east of I-405.

If you are considering a move, please give me a call. Whether you are thinking about selling your home next month or next year, a bit of planning now can provide peace of mind down the road.

Call (206) 595-4284 or email at Marcia@HardyRealtyLLC.com.

King County Market Update – March 2015

We continue to add to the number of new listings, but it is simply not enough to keep up with the demand. As of March, there are 2,807 listings but we have more homes under contract than that (this is possible because homes could have pended in the previous month or even before). The number of listings available on the market continues to be at an historic low which means multiple offers are continuing as the norm this spring.

marketupdate-2015-03-a

However, if you have been thinking about moving but aren’t sure how you would compete with other buyers, there are several options available to you right now making it easier to make a change. I welcome homeowners who want to learn more about their options to give me a call.

The Federal Reserve indicated they would start to ease up the interest rates which would likely mean a mortgage interest rate bump which could come as early as this summer.

If you are thinking of a move in the next 12 months, let’s touch base and strategize. Call (206) 595-4284 or email at Marcia@HardyRealtyLLC.com .