Inventory rose by 35% in SW Snohomish County and by only 9% in NW Seattle. New listings are up in both markets, which is to be expected. May and June are typically our highest months of new listings.
Buyers seem to have taken a bit of a pause in SW Snohomish as the number of listing going under contract went down by 15%. Interestingly, contracts were up by 31% in NW Seattle.
Luckily for everyone, interest rates came down this past week by ¼ point. Interest rates had ticked up above 7%, but are now back in the 6s…phew!
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
