Market Updates

July 7, 2022

Market Update - July 2020

Market Update! 

We continue to have a strong real estate market in the Puget Sound region despite the massive job loss and all of the craziness that the year 2020 has thrown at us. Seattle is #2 in the nation behind Phoenix for fastest growing home prices. The median ...
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Posted in Market Updates
June 7, 2022

Market Update - June 2020

Market Update - Don't Blink! 

Since 2012, the month of May has marked the high point in new single family homes coming on the market. Well this year looks a bit different since we’re all living the quarantine lifestyle, as May 2020 new listings were down 34.2% compared ...
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Posted in Market Updates
Feb. 7, 2022

Market Update! February 2022

Lake Forest Park hits an all-time median home sales price for January at $968,500! The previous high was in June 2021 at $895,000. King County's median single-family home price was at $780k (up 6.3% YoY) and Snohomish County came in at $700k (up 18.6% YoY). The ...

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Posted in Market Updates
Jan. 1, 2022

Market Update! January 2022

Even though the snow melted away this last week the housing inventory remains frozen. If you have been loosely watching the housing market over the winter, then you’ve probably seen or heard that the Seattle area is at historic lows for inventory, much like the rest of the United States ...

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Posted in Market Updates
Dec. 1, 2021

Market Update December 2021

I want to wish you a very Merry Christmas and hope that you are getting ready to have the best year ever in 2022! We dusted off the Michael Bublé Christmas album, have the house fully decorated, and took the kids to Stoker Farms to pick out the perfect tree ...

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Posted in Market Updates
Nov. 1, 2021

Market Update! - November 2021

We are feeling the big squeeze on inventory. Unprecedented low-inventory levels in the housing market in the Puget Sound region have home prices trending slightly up during the time of year where we expect housing prices to drop. King County was up 1% in median price from September to October, Snohomish County was ...

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Posted in Market Updates
Oct. 1, 2021

Market Update! - October 2021

Let's Go Mariners!

In my May market recap, I made bold prediction that “Mariners prospect, Jarred Kelenic, will win the hearts of the Northwest and lead the M's to a playoff berth in 2021 to end the 20 year playoff drought!”. Well, well, well, the Mariners are currently ...
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Posted in Market Updates
Sept. 1, 2021

Market Update - September 2021

Buy the Dip!

The median price of single-family homes experienced a small dip as we moved from July to August. King County was down -2%, Snohomish County was down -2.14%, and my hometown of Lake Forest Park (LFP) was down -2.2%. This has the look of the seasonal cycle ...
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Posted in Market Updates
Aug. 1, 2021

Market Update - August 2021

No Rain and Modest Gains!

Seattle is experiencing one of the longest droughts in history, and no, I’m not referencing the Mariners 19-year playoff drought. I’m talking rain! We haven’t had a measurable amount of rain in 49 days, dating all the way back to June 14th.  The consecutive ...
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Posted in Market Updates
July 22, 2021

New Listing in Shoreline

Listing's for Everyone!

JUST LISTED! This 2-bedroom, 1 bath cottage has all the charm that you'd expect from a Shoreline home built in 1930. This grounds are beautiful and every inch of the property is inspires the indoor/outdoor lifestyle. Priced at $669,999.  Right up ...
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Posted in Market Updates