Many neighborhoods are reporting a higher volume of sales in the past week than in the week prior. Our new data set compares this week to both the week prior and the same week of the year prior.
A new indicator we are tracking, Days on the Market Before a (Pending) Sale is a great gauge of the speed of the market, especially when looking at an entire neighborhood overview. Note that deviations from the normal trend occur when a property that has been on the market for a lengthy time finally sells.
Real estate activity has been off the charts the past few weeks. See what is happening in your neighborhood. Check out our weekly report by price segment for the entire Seattle-Eastside market.
Real estate has been deemed an essential business activity with specific limitations and using appropriate protocols for social distancing. Realtors and their clients are still conducting most of their interactions remotely.
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© Copyright 2020. Information and statistics derived from Northwest Multiple Listing Service.