To be expected, new listings are up in both markets – by 35.2% in NW Seattle and by 20% in SW Snohomish County. While Buyer activity has also been strong, they have not been able to keep up with the new listings. Homes going under contract were up by 19.2% in NW Seattle, but only up by 5.8% in SW Snohomish County. This is why we see a more substantial increase in inventory for SW Snohomish.
Interest rates have remained relatively stable over the past several weeks, which has helped bolster Buyer confidence.
We hope everyone has a fabulous 4th of July holiday! We expect both Buyers and Sellers to take a holiday from real estate this upcoming week and into next week.
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!
STEVE HILL
Broker | REALTOR® | Luxury Advisor | Premier Director
CELL 206-769-9577
SANDRA BRENNER
Managing Broker | REALTOR® | MCNE | SRS | CRS®
CELL 206-271-7100
WINDERMERE REAL ESTATE / GREENWOOD
311 N 85th St
Seattle, WA 98103
MAIN (206) 527-5250
brennerhill.com
Equal Housing Opportunity
