Seattle Eastside Condo Sales Through December, 2011 Seattle Eastside condo inventory dipped to 2011′s lowest point in December, 2011. The year began and ended with under 1000 condos for sale. The number of available eastside condos peaked in June with well over 1100 condos for sale. The peak was never really much of a…Read More »
The December Real Estate Map Showing a Balanced Market Between Buyers and Sellers The Seattle-Eastside real estate market ends 2011 in better shape than we’ve seen in the last four years. There’s a more evenly balanced market between buyers and sellers, which the market is a fairly “normal” one in which some homes sit…Read More »
There were more condo sales on the eastside with 156 sales over last year’s 125! There also were 21% fewer condos on the market than in 2010. More sales and fewer condos for sale is a good thing! There were 867 condos for sale in November, with 156 of them receiving offers. Average market time…Read More »
If you lived in Kirkland and had your home for sale last month, the odds of it selling in November were 31%, the strongest absorption rate to be found on the eastside.* The homes in East Bellevue and Redmond areas around Microsoft had a 29% chance of selling. Chances of selling ranged from 11-22.5% in…Read More »
Homes in East Bellevue and Redmond near Microsoft sold the fastest on Seattle’s eastside in October. Homes sold in under 2 months, at 59 days. Market time for the other eastside cities, ranged from 99-117 days or just shy of 4 months. This is a reasonable market time as it shows a more of a…Read More »
Yes, Virginia, there was a decline in median pricing on Seattle’s eastside in October. The Seattle media got everyone a little nervous about real estate when it stated there had been a 15% y-o-y price drop in King County real estate prices from October of 2010 to 2011. I talked with several clients who…Read More »
Is this a good time to sell your Seattle eastside home? If you’re a seller on Seattle’s eastside, the numbers are on your side. This is the second week in a row with less than 10,000 homes on the market in King County, a first for this year! The competition has pulled up the “for…Read More »
Aubrey Cohen wrote an article about the fastest selling neighborhoods in Seattle, which prompted me to write this post about the fastest selling neighborhoods on Seattle’s eastside. What happens in Seattle, doesn’t just stay in Seattle, it also happens here on the Eastside! Homes in East Bellevue and Redmond near Microsoft sold the fastest on…Read More »
Seattle’s eastside real estate market was very steady in September, 2011. It’s not dramatic with the highs and lows of the recent past, which is refreshing, plus eastside real estate sales are moving and moving well. It looks as if the peak of real estate sales for the year was back in May, when 24%…Read More »
Seattle-eastside condo sales The number of condos to receive offers on Seattle’s eastside skyrocketed by 62% over last August. This good news was coupled with 31% fewer condos on the market. In August, there were 1032 condos for sale. Two hundred thirteen received offers and sold, representing an absorption rate of 21%. Even though the…Read More »