June 29th Seattle Area Market Report

The number of homes for sale continues to challenge buyers in our local real estate market. This has resulted in an extreme seller’s market in mainstream price points across the region. Mortgage rates, teetering around 3% for a 30-year fixed loan, coupled with pent up demand from cooped-up buyers finally able to get out and see homes has contributed to record buyer demand.

See what is happening in your neighborhood. Check out our weekly report by price segment for the entire Seattle-Eastside market.

 

View the full June 22nd Seattle-Eastside residential market report



Mercer island blog, windermere mercer island, windermere real estate, seattle blog, live on mercer, live on guides, community information, neighborhood information, real estate, mercer island community, mercer island community blog, mercer island blogger, mi reporter, mercer island real estate info,
Find a Home | Sell Your Home | Property Research

Neighborhoods | Market Reports | Our Team

We earn the trust and loyalty of our brokers and clients by doing real estate exceptionally well. The leader in our market, we deliver client-focused service in an authentic, collaborative and transparent manner and with the unmatched knowledge and expertise that comes from decades of experience.

2737 77th Ave SE, Mercer Island, WA 98040 | (206) 232-0446 mercerisland@windermere.com

© Copyright 2020. Information and statistics derived from Northwest Multiple Listing Service.


Posted on June 29, 2020 at 2:26 pm
Julie Barrows | Posted in Weekly Insight | Tagged , , , , , , , , , , ,

June 22nd Seattle Area Market Report

A severe shortage of available homes for sale has tipped the supply and demand scale in seller’s favor. See what is happening in your neighborhood. Check out our weekly report by price segment for the entire Seattle-Eastside market.

 

View the full June 22nd Seattle-Eastside residential market report



Mercer island blog, windermere mercer island, windermere real estate, seattle blog, live on mercer, live on guides, community information, neighborhood information, real estate, mercer island community, mercer island community blog, mercer island blogger, mi reporter, mercer island real estate info,
Find a Home | Sell Your Home | Property Research

Neighborhoods | Market Reports | Our Team

We earn the trust and loyalty of our brokers and clients by doing real estate exceptionally well. The leader in our market, we deliver client-focused service in an authentic, collaborative and transparent manner and with the unmatched knowledge and expertise that comes from decades of experience.

2737 77th Ave SE, Mercer Island, WA 98040 | (206) 232-0446 mercerisland@windermere.com

© Copyright 2020. Information and statistics derived from Northwest Multiple Listing Service.


Posted on June 24, 2020 at 3:37 pm
Julie Barrows | Posted in Weekly Insight | Tagged , , , , , , , , , , ,

June 15th Seattle Area Market Report

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.

View the full June 15th Seattle-Eastside residential market report



Mercer island blog, windermere mercer island, windermere real estate, seattle blog, live on mercer, live on guides, community information, neighborhood information, real estate, mercer island community, mercer island community blog, mercer island blogger, mi reporter, mercer island real estate info,
Find a Home | Sell Your Home | Property Research

Neighborhoods | Market Reports | Our Team

We earn the trust and loyalty of our brokers and clients by doing real estate exceptionally well. The leader in our market, we deliver client-focused service in an authentic, collaborative and transparent manner and with the unmatched knowledge and expertise that comes from decades of experience.

2737 77th Ave SE, Mercer Island, WA 98040 | (206) 232-0446 mercerisland@windermere.com

© Copyright 2020. Information and statistics derived from Northwest Multiple Listing Service.


Posted on June 15, 2020 at 3:34 pm
Julie Barrows | Posted in Weekly Insight | Tagged , , , , , , , , , , ,

June 8th Seattle Area Market Report

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.

View the full June 8th Seattle-Eastside residential market report



Mercer island blog, windermere mercer island, windermere real estate, seattle blog, live on mercer, live on guides, community information, neighborhood information, real estate, mercer island community, mercer island community blog, mercer island blogger, mi reporter, mercer island real estate info,
Find a Home | Sell Your Home | Property Research

Neighborhoods | Market Reports | Our Team

We earn the trust and loyalty of our brokers and clients by doing real estate exceptionally well. The leader in our market, we deliver client-focused service in an authentic, collaborative and transparent manner and with the unmatched knowledge and expertise that comes from decades of experience.

2737 77th Ave SE, Mercer Island, WA 98040 | (206) 232-0446 mercerisland@windermere.com

© Copyright 2020. Information and statistics derived from Northwest Multiple Listing Service.


Posted on June 8, 2020 at 5:01 pm
Julie Barrows | Posted in Weekly Insight | Tagged , , , , , , , , , , ,

June 1st Seattle Area Market Report

See what is happening in Seattle real estate this week. Check out our neighborhood by neighborhood 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.

Activity was extremely strong even given the major holiday week. Extreme low mortgage interest rates are likely a key factor in current buyer demand.

View the full June 1st Seattle-Eastside residential market report



Mercer island blog, windermere mercer island, windermere real estate, seattle blog, live on mercer, live on guides, community information, neighborhood information, real estate, mercer island community, mercer island community blog, mercer island blogger, mi reporter, mercer island real estate info,
Find a Home | Sell Your Home | Property Research

Neighborhoods | Market Reports | Our Team

We earn the trust and loyalty of our brokers and clients by doing real estate exceptionally well. The leader in our market, we deliver client-focused service in an authentic, collaborative and transparent manner and with the unmatched knowledge and expertise that comes from decades of experience.

2737 77th Ave SE, Mercer Island, WA 98040 | (206) 232-0446 mercerisland@windermere.com

© Copyright 2020. Information and statistics derived from Northwest Multiple Listing Service.


Posted on June 1, 2020 at 6:08 pm
Julie Barrows | Posted in Weekly Insight | Tagged , , , , , , , , , , ,

May 25th Seattle Area Market Report

Activity was extremely strong even given the major holiday weekend. Extreme low mortgage interest rates are likely a key factor in current buyer demand. See what is happening in Seattle real estate this week. Check out our neighborhood by neighborhood 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.

View the full May 25th Seattle-Eastside residential market report



Mercer island blog, windermere mercer island, windermere real estate, seattle blog, live on mercer, live on guides, community information, neighborhood information, real estate, mercer island community, mercer island community blog, mercer island blogger, mi reporter, mercer island real estate info,
Find a Home | Sell Your Home | Property Research

Neighborhoods | Market Reports | Our Team

We earn the trust and loyalty of our brokers and clients by doing real estate exceptionally well. The leader in our market, we deliver client-focused service in an authentic, collaborative and transparent manner and with the unmatched knowledge and expertise that comes from decades of experience.

2737 77th Ave SE, Mercer Island, WA 98040 | (206) 232-0446 mercerisland@windermere.com

© Copyright 2020. Information and statistics derived from Northwest Multiple Listing Service.


Posted on May 28, 2020 at 12:24 pm
Julie Barrows | Posted in Weekly Insight | Tagged , , , , , , , , , , ,

May 18th Seattle Area Market Report

See what is happening in Seattle real estate this week. Check out our neighborhood by neighborhood 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.

NWMLS data indicates that KeyBox Activity for the week ending May 20, 2020 is 82% of the same week in 2019. The report tracks how often keyboxes are opened each day and compares the numbers to gain general trends in showing activity each week.

View the full May 18th Seattle-Eastside residential market report



Mercer island blog, windermere mercer island, windermere real estate, seattle blog, live on mercer, live on guides, community information, neighborhood information, real estate, mercer island community, mercer island community blog, mercer island blogger, mi reporter, mercer island real estate info,
Find a Home | Sell Your Home | Property Research

Neighborhoods | Market Reports | Our Team

We earn the trust and loyalty of our brokers and clients by doing real estate exceptionally well. The leader in our market, we deliver client-focused service in an authentic, collaborative and transparent manner and with the unmatched knowledge and expertise that comes from decades of experience.

2737 77th Ave SE, Mercer Island, WA 98040 | (206) 232-0446 mercerisland@windermere.com

© Copyright 2020. Information and statistics derived from Northwest Multiple Listing Service.


Posted on May 22, 2020 at 9:04 am
Julie Barrows | Posted in Weekly Insight | Tagged , , , , , , , , , , ,

May 11th Seattle Area Market Report

See what is happening in Seattle real estate this week. Check out our neighborhood by neighborhood 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.

NWMLS data indicates that KeyBox Activity is 68% of normal (compared to this time last year). The report tracks how often keyboxes are opened each day and compares the numbers to gain general trends in showing activity each week.

View the full May 11th Seattle-Eastside residential market report



Mercer island blog, windermere mercer island, windermere real estate, seattle blog, live on mercer, live on guides, community information, neighborhood information, real estate, mercer island community, mercer island community blog, mercer island blogger, mi reporter, mercer island real estate info,
Find a Home | Sell Your Home | Property Research

Neighborhoods | Market Reports | Our Team

We earn the trust and loyalty of our brokers and clients by doing real estate exceptionally well. The leader in our market, we deliver client-focused service in an authentic, collaborative and transparent manner and with the unmatched knowledge and expertise that comes from decades of experience.

2737 77th Ave SE, Mercer Island, WA 98040 | (206) 232-0446 mercerisland@windermere.com

© Copyright 2020. Information and statistics derived from Northwest Multiple Listing Service.


Posted on May 11, 2020 at 2:56 pm
Julie Barrows | Posted in Weekly Insight | Tagged , , , , , , , , , , ,

May 4th Seattle Area Market Report

NWMLS data indicates that KeyBox Activity is now up to 68% of normal (compared to this time last year). The report tracks how often keyboxes are opened each day and compares the numbers to gain general trends in showing activity each week.

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.

Indications are that some version of a stay home order could exist for many more months. Our ability to conduct business in this new environment is becoming more comfortable, and as time goes on, we expect more people (clients and professionals) will want to conduct real estate business.

See what is happening in Seattle real estate this week. Check out our neighborhood by neighborhood weekly report by price segment for the entire Seattle-Eastside market.

View the full May 4th Seattle-Eastside residential market report



Mercer island blog, windermere mercer island, windermere real estate, seattle blog, live on mercer, live on guides, community information, neighborhood information, real estate, mercer island community, mercer island community blog, mercer island blogger, mi reporter, mercer island real estate info,
Find a Home | Sell Your Home | Property Research

Neighborhoods | Market Reports | Our Team

We earn the trust and loyalty of our brokers and clients by doing real estate exceptionally well. The leader in our market, we deliver client-focused service in an authentic, collaborative and transparent manner and with the unmatched knowledge and expertise that comes from decades of experience.

2737 77th Ave SE, Mercer Island, WA 98040 | (206) 232-0446 mercerisland@windermere.com

© Copyright 2020. Information and statistics derived from Northwest Multiple Listing Service.


Posted on May 5, 2020 at 9:08 am
Julie Barrows | Posted in Weekly Insight | Tagged , , , , , , , , , , ,