You will notice a new graphic this week. We hope that this graphic quickly conveys what has happened in both NW Seattle and SW Snohomish markets for the past two weeks. Just as a reminder, we pull stats weekly, and report on them every other Monday.
Interest rates came down this past week which is excellent news for both Buyers and Sellers! Conforming rates as reported to me last Friday were 7% down .375 from the previous week.
Up this week in NW Seattle is the number of new listings with review dates. 68% of new listings had review dates. This is the highest we’ve had since May 2022. It will be interesting to see if this is a trend or a one-off. In a typical week approximately 50% of homes had review dates, so 68% seems significant. This past week in SW Snohomish only 40% of homes had review dates. This is up from the previous two weeks, but down from the height of 63% for the week ending Sunday June 11th.
-Steve & Sandra
𝐴𝑛𝑑 𝑎𝑠 𝑎𝑙𝑤𝑎𝑦𝑠, 𝑖𝑓 𝑦𝑜𝑢 ℎ𝑎𝑣𝑒 𝑎𝑛𝑦 𝑎𝑑𝑑𝑖𝑡𝑖𝑜𝑛𝑎𝑙 𝑟𝑒𝑎𝑙 𝑒𝑠𝑡𝑎𝑡𝑒 𝑞𝑢𝑒𝑠𝑡𝑖𝑜𝑛𝑠, 𝑓𝑒𝑒𝑙 𝑓𝑟𝑒𝑒 𝑡𝑜 𝑐𝑎𝑙𝑙/𝑡𝑒𝑥𝑡 𝑢𝑠 𝑎𝑛𝑦 𝑡𝑖𝑚𝑒! 𝑊𝑒’𝑟𝑒 𝑎𝑙𝑤𝑎𝑦𝑠 ℎ𝑒𝑟𝑒 𝑡𝑜 ℎ𝑒𝑙𝑝!
Brenner | Hill Real Estate
Steve 📲 (c) 206-769-9577 📧stevehill@windermere.com
Sandra 📲 (c) 206-271-7100 📧sbrenner@windermere.com
🔗 Brennerhill.com
Windermere Real Estate /FN
12250 Greenwood Ave N
Seattle, WA 98133
