Home Seller Tips June 11, 2025

How to Price Your Home for Sale

The right listing price is absolutely critical to a successful home sale. Price too high and you will miss your shot to generate interest with a sense of urgency for buyers—often, overpriced listings languish on the market and end up selling for less than they would have if they’d been priced more competitively from the get-go. Price too low, however, and you risk leaving money on the table if your home doesn’t attract multiple offers. So how do you price it right?

As agents, we track market conditions daily to understand where the “Goldilocks zone” lies for different neighborhoods and price points based on buyer demand and competing properties. Your best bet is to work closely with your agent on an effective pricing strategy before listing your home…BUT in the meantime, here’s some info to help you better understand what goes into this process.

 

What’s your home worth?

While nothing can replace an in-person evaluation by a real estate agent or appraiser, automated valuation models (AVMs) can be a helpful first step in determining what your home is worth. AVMs assess your home by comparing its information with the listings in your area. An algorithm can’t possibly know about the unique characteristics of your home or its neighborhood…but it can give you a rough ballpark idea of your home’s value and how it’s changing over time. Curious? Try our Home Worth Estimator here:

 

What factors influence home prices?

Understanding what factors influence home prices will give you a deeper knowledge of the market, give clarity to the selling process, and help you work with your agent to accurately price your home.

Comparable Home Sales

Comparable home sales—or “comps”—have a major impact on the price of your home. Comps refer to the comparable homes in your area, both pending and sold, within the last six months. Your Windermere agent can provide you with a Comparative Market Analysis (CMA) to better determine the price of your home. CMAs factor in aspects such as square footage, age, and lot size compared to other homes in your area, to determine how your home should be priced among the competition.

Your Home’s Location

Location, location, location. It plays one of the most significant roles in your home’s asking price. Market conditions in your area, whether you reside in a metropolitan, suburban, or rural location, and the home’s proximity to amenities, schools, and entertainment all contribute to the price.

Your Home’s Condition

If you have recently invested in upgrades or other remodeling projects for your home, they could increase your asking price. However, the price increase potential depends on the kind of renovation, its ROI, and how valuable it is to buyers in your area. If the home needs repair, it will likely generate less interest from buyers than better maintained homes at your price point. Any outstanding repairs or projects looming overhead will make the home less attractive to buyers and could lead to a low appraisal.

Seasonality

Any factors that impact market supply and demand are worth taking into consideration when preparing to price your home, and seasonality is one that cannot be overlooked. Typically, market activity slows in the winter and picks up during the spring and summer months. However, market seasonality varies region to region. Talk to your Windermere agent about the seasonality trends in your area and how they factor into your asking price.

Market Conditions

Finding a competitive listing price will be depend on local conditions, such as whether it’s a buyer’s or seller’s market. Some sellers think that pricing their home over market value means they’ll sell for more money, but the opposite can often be true. Overpricing your home presents various dangers such as sitting on the market too long, which can result in selling for well below what it’s worth.

Periodic Price Adjustments

Pricing a home isn’t a set-it-and-forget-it proposal. As with any strategy, you need to be prepared to adapt to fast-changing market conditions, new competition, a lack of offers, and other outside factors.

These are the basic tenets for understanding what goes into the price of a home. When you’re ready, a Windermere agent will interpret and expand on this information, perform a CMA for your home, and guide you throughout your selling journey.

 

 


Adapted from an article originally appeared on the Windermere blog October 5, 2022.

 

Windermere Mercer Island

 

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 2025, Windermere Real Estate/Mercer Island.

Living & Community May 8, 2025

2025 Seattle & Eastside Farmers Markets

Summer is just around the corner, and so are these farmers markets! Spend an evening or weekend finding your new favorites among the tents. Think it’s all about kale? Think again. Most offer live entertainment along with a mouth-watering variety of local brews, cheese, bread, meat/seafood, honey, hand roasted coffee, and other hidden gems (in addition to the freshly picked fruits & veggies).

Seattle Metro

Greater Eastside

 

When's it in Season? Farmers Market Produce Guide


 

Seattle Metro

 

Ballard

Seattle’s first year-round Farmers Market, selling produce exclusively from Washington state farmers along the historic cobblestone stretch of Ballard Ave.

Sundays, 9am – 2pm | Year-Round
5345 Ballard Ave NW | Seattle
sfmamarkets.com/visit-ballard-farmers-market/

 

Capitol Hill (Broadway)

Come for Sunday brunch from food vendors who source ingredients from local, WA state farms (many of whom you’ll also meet selling their wares at the market). Live music and street performers often make an appearance, too.

Sundays, 11am – 3pm | Year-Round
Tuesdays, 3pm – 7pm (June 3 – September 30, 2025)
E Barbara Bailey Way | Seattle
seattlefarmersmarkets.org/chfm

 

Columbia City

With everything from freshly harvested Asian greens to Ethiopian eats, come check out the immense variety King County’s most diverse zip code has to offer. Bring your bounty to adjacent Columbia Park for a picnic.

Wednesdays, 3pm – 7pm | May 7 – Oct 15, 2025
37th Ave S & S Edmunds St | Seattle
seattlefarmersmarkets.org/ccfm

 

First Hill

A Pike Place Satellite Market, this small “express market” offers locally sourced veggies, fruits, flowers, honey, jam, and organic meats from the region’s finest farms.

Fridays, 10am – 2pm | June 20 – Sept 26, 2025
9th Avenue & University Street | Seattle
pikeplacemarket.org/market-programs-events/farmers-markets

 

Fremont

With a newly expanded Promenade encompassing two blocks along the Fremont Canal, you can find just about everything at this “hyper market”—an eclectic mix of a farmer’s market, flea market and artists’ alley. The food is pretty epic, too!

Sundays, 10am – 4pm | Year-Round
3401 Evanston Ave N | Seattle
fremontmarket.com

 

Lake City

This celebrated North End seasonal market offers unique finds grown and prepared by local farms and food artisans. Enjoy kids’ activities, too!

Thursdays, 3pm – 7pm | June 12 – Oct 2, 2025
NE 125th St & 28th Ave NE | Seattle
seattlefarmersmarkets.org/lcfm

 

Lake Forest Park

With an emphasis on fresh, locally grown food, this market is an epicurean’s delight. Browse hard cider, baked goods, preserves, meat, pasta, sauces, and prepared foods along with the locally harvested fruits and veggies. There is also one “Crafts Market” each summer featuring local artisans.

Sundays, 10am – 2pm | May 11 – Oct 19, 2025
17171 Bothell Way NE | Lake Forest Park
www.thirdplacecommons.org/farmers-market

 

Madrona

Located in one of Seattle’s most diverse neighborhoods, you’ll find artisan foods as well as seasonal produce from Washington state farmers, fishers, and ranchers.

Fridays, 3pm – 7pm | May 16 – Oct 31, 2025
MLK Way & E Union St | Seattle
sfmamarkets.com/madrona-farmers-market

 

Magnolia

This popular Saturday market is nestled in the tree-lined Magnolia Village. In addition to seasonal fruits and veggies, you’ll find sweet & savory pies, fresh bread, flowers, and more!

Saturdays, 10am – 2pm | June 7 – Oct 11, 2025
W McGraw St & 33rd Ave W | Seattle
seattlefarmersmarkets.org/mfm

 

Phinney

A popular gathering spot for both the Phinney Ridge and Greenwood communities, this market is right next door to a playground and offers live music in addition to the great mix of fresh produce and prepared food.

Fridays, 3pm – 7pm | June 6 – Sept 26, 2025
6532 Phinney Ave N | Seattle
seattlefarmersmarkets.org/pfm

 

Pike Place

No introduction needed…make it a day with great restaurants, eateries and retail shops, too.

Daily, 9am – 6pm (farm tables close at 4pm) | Year-Round (Closed Thanksgiving & Christmas)
Pike Place between Pine & Virginia St | Seattle
(206) 682-7453
pikeplacemarket.org

 

Queen Anne

Seattle’s only independent farmers market, offering food, chef demos, live music, and children’s activities.

Thursdays, 3pm – 7:30pm | May 29 – Oct 9, 2025
Spring Preview Market on May 10, 2025, 10am-3pm
Harvest Markets on Oct. 25 & Nov. 22, 10am-3pm
Queen Anne Ave N & W Crockett St | Seattle
qafm.org

 

Shoreline

Now located at the BikeLink Park & Ride (corner of 192nd & Aurora, across from Sky Nursery), this market offers kids’ programs and live music in addition to its fresh Washington produce, organic meats, bread, honey, and prepared foods.

Saturdays, 10am – 2pm | June 7 – Oct 25, 2025
18821 Aurora Ave N | Shoreline
shorelinefarmersmarket.org

 

South Lake Union – Farmers Market

Affiliated with Pike Place Market, this small satellite market offers locally sourced veggies, fruits, flowers, honey, jam, and organic meats from the region’s finest farms.

Thursdays, 10am – 2pm | June 26 – Sept 25, 2025
426 Terry Avenue N | Seattle
pikeplacemarket.org/market-programs-events/farmers-markets/

 

South Lake Union – Saturday Market

Note the new location for 2025 on 6th Ave, next to The Spheres. More of a makers market along with vintage boutiques and food trucks…you won’t find traditional produce booths, but you will find brunch and plenty of retail therapy.

Saturdays, 11am – 4pm | June 7 – Sept 27, 2025
6th Ave & Lenora St | Seattle
slumarket.com

 

University District

Come visit Seattle’s largest and oldest farm/food only market, recognized as one of the best farmers markets in the U.S.! With over 80 booths and hard-to-find ingredients, it’s a chef’s delight.

Saturdays, 9am – 2pm | Year-Round
University Way NE (the “Ave”) between 50th & 52nd | Seattle
seattlefarmersmarkets.org/udfm

 

Wallingford

Located in Meridian Park, you can shop with the whole fam and then enjoy a picnic or playtime at the award-winning playground.

Wednesdays, 3pm – 7pm | May 28 – Sept 24, 2025
4800 Meridian Ave N | Seattle
sfmamarkets.com/visit-wallingford-farmers-market/

 

West Seattle

A weekend destination for families across the area, this market is set in the vibrant West Seattle Junction and features up to 70 vendors during the summertime peak. Great community atmosphere celebrating Washington grown food and ingredients.

Sundays, 10am – 2pm | Year-Round
California Ave SW & SW Alaska | Seattle
seattlefarmersmarkets.org/wsfm

 


Greater Eastside

 

Bellevue – Crossroads

East Bellevue’s market features fruits, veggies & dairy products from Washington state farms along with hand crafted bird houses, candles, dog accessories, herbal wellness products, and more. Don’t miss the tacos, Nepalese street food, and handmade ice cream sandwiches, too!

Tuesdays, 12pm – 6pm | June 3 – Sept 30, 2025
15600 NE 8th St | Bellevue
https://crossroadsbellevue.com/music-events/crossroads-farmers-market/

 

Bellevue – Downtown

Set in the heart of Downtown Bellevue, this market offers goods exclusively produced within Washington state—from seasonal fruits & veggies to flowers, fresh meats, artisan goods, and prepared cuisine. The Power of Produce (POP) club empowers kids to know where their food comes from and make healthy eating choices.

Thursdays, 3pm – 7:30pm | May 22 – Oct 2, 2025
(Closes at 7pm after Labor Day)
1717 Bellevue Way NE | Bellevue
bellevuefarmersmarket.org

 

Carnation

Set in the heart of the Sno-Valley farming district, you’ll find plenty of freshly picked produce along with live music and educational activities for the kids.

Tuesdays, 3pm – 7pm | June, July & August 2025
Tolt-MacDonald Park, 31020 NE 40th St | Carnation
carnationfarmersmarket.org

 

Duvall

Nestled alongside the scenic Snoqualmie River, this friendly market features local eggs, jams, fresh roasted coffee, arts, crafts, and baked goods in addition to the seasonal veggies, fruits, and plant starts. Live music, picnic shelters and a playground make this a fun family destination.

Thursdays, 3pm – 7pm | May 1 – October 9, 2025
(Closes at Sunset in October)
Taylor Landing at 16201 Main St NE | Duvall
Parking Map
duvallfarmersmarket.org

 

Issaquah

Located at the historic Pickering Barn, this picturesque venue offers a variety of fresh farm and food-based products, concessions, and local artisans.

Saturdays, 9am – 2pm | May 10 – Sept 27, 2025
Pickering Barn, 1730 10th Ave NW | Issaquah
Market Map
www.issaquahwa.gov/778/Farmers-Market

 

Kirkland – Downtown

This stunning setting on the Lake Washington shoreline turns shopping into a day at the beach. Peruse local produce and goods, then go for a swim or stroll along Moss Bay. Perfect for a picnic, too!

Wednesdays, 3pm – 7pm | June 4 – September 24, 2025
Marina Park, 25 Lakeshore Plaza | Kirkland
kirklandmarket.org

 

Kirkland – Juanita

Set in beautiful Juanita Beach Park on Lake Washington, you’ll find as many as 30 vendors offering farm fresh local produce, herbs, honey, nuts, flowers, plants, baked good, handcrafted items, and prepared cuisine. Make it a date with live music and a picnic at the beach. There’s a great playground for the kids, too.

Fridays, 3pm – 7pm | June 6 – Sept 26, 2025
Juanita Beach Park, 9703 NE Juanita Dr | Kirkland
www.kirklandwa.gov

 

Mercer Island

Come on down for quality local Washington state produce, cheese, fish, meat, bread, and more. Check out the live music schedule, too!

Sundays, 10am – 2pm | June 1 – Sept 28, 2025
Farmers Only Pop-Up Market: Oct 12, 2025
Harvest Market: Nov 23, 2025
Mercerdale Park, 7700 SE 32nd St | Mercer Island
www.mifarmersmarket.org

 

North Bend

This relaxed market enjoys live music and a spectacular Mount Si view. Vendors offer fresh produce, berries, honey, flowers, baked goods, hand-crafted items, and delicious prepared foods. Kids can participate in the Power of Produce (PoP) Club. Two playgrounds plus play fields and a covered picnic shelter make this a fun hangout spot. Leashed pets are welcome, too!

June 5 – August 21, 2025: Thursdays, 4pm – 8pm (Closed 6/19 for Juneteenth)
August 28 – September 11, 2025: Thursdays, 3:30pm – 7:30pm
Si View Park, 400 SE Orchard Dr | North Bend
www.siviewpark.org/farmers-market.phtml

 

Redmond

Going strong since 1976, the Redmond Saturday Market offers a huge selection of vendors and dazzling array of produce, flowers, cheeses, preserves, salmon, tea, and handmade goods such as pottery and soaps. You’ll love the ready-to-eat foods, too.

Saturdays, 9am – 2pm | May 3 – Oct 25, 2025 (Closed May 10th)
9900 Willows Rd NE | Redmond
www.redmondsaturdaymarket.org

 

Renton

Find exclusively Washington-produced fruits, veggies, handmade goods, arts, crafts and more right in the heart of downtown Renton. Food trucks, live music, and kids’ activities make this a fun spot to liven up your Tuesday. Note: for 2025, the market has moved a couple of blocks to Williams Ave S while Piazza Park is being refurbished.

Tuesdays, 3pm – 7pm | June 3 – Sept 30, 2025
Willliams Ave S (Between S 2nd & S 3rd Streets) | Renton
www.rentonfarmersmarket.com

 

Sammamish

Each Wednesday, the Sammamish Commons plays host to a variety of local farmers, nurseries, bakeries, artisans, food vendors, and more. Live music and kids’ activities, too!

Wednesdays, 4pm – 8pm | May 7 – Sept 17, 2025
Sammamish Commons, 801 228 Ave SE | Sammamish
Parking: Mary, Queen of Peace Catholic Church, 1121 228th Ave SE
www.sammamishfarmersmarket.org

 

Woodinville

Come check out downtown Woodinville’s Schoolhouse District and find produce grown in the state of Washington (and picked fresh for that morning!). You’ll also have an array of boutique baked goods, sauces, cider, artisans, and more to peruse.

Saturdays, 10am – 2pm | May 3 – Sept 27, 2025
13205 NE 175th St | Woodinville
woodinvillefarmersmarket.com

 

 


 

Windermere Mercer Island

 

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 2025, Windermere Real Estate/Mercer Island.

Market Reports April 21, 2025

How’s the Market? Q1 2025 Review of Seattle Area Real Estate

Q1 started the year off strong for Seattle-area real estate with the majority of homes selling in the first 10 days on the market and for at or above their listed prices. Median sales prices were also up compared to Q1 of last year. Buyers enjoyed more choice with new listings outpacing sales, steadily increasing our supply of available homes for sale.

What the numbers don’t show yet is that the spring market sprang early, in January and February; now that prime inventory is hitting the market, demand appears to be waning. Our advice to Home Shoppers: don’t take any chances. Just because the last new listing didn’t sell in a competitive situation, doesn’t mean the next one won’t. If you love the home, act with confidence. Our advice to Home Sellers: don’t take any chances. Prep well, price appropriately, and take that first buyer seriously. It’s unpredictable out there.

 

Median Home Price Appreciation from Q1 2024 to Q1 2025

Click or scroll down to find your area report:

Seattle  |  Eastside  |  Mercer Island  |  Condos  |  Waterfront

 


SEATTLE

The Seattle real estate market continues to show encouraging signs of strength and stability as we step into 2025. Median home prices rose 6% year-over-year to $960,000, building on the 9% increase we saw in Q1 2024 and rebounding from $830,000 in Q1 2023. That’s a remarkable $130,000 gain in just two years. Inventory is also trending in the right direction, with 2,293 new listings this quarter—up 14% from Q1 2024 and significantly higher than the 1,958 new listings in Q1 2023. It appears that need is outweighing the pull of a sub 3% interest rate when considering whether or not to make a move.

Momentum is visible across several neighborhoods. West Seattle, for instance, saw 75% of homes sell at or above list price (up from 71% last year and 70% the year before), while North Seattle maintained its reputation for competitive sales—70% sold at or above list and 66% sold in the first 10 days. Madison Park & Capitol Hill remained a strong performer with an impressive median price of $1,100,000; holding steady year-over-year after a 10% jump last year.

Citywide, 71% of homes sold at or above list price—up from 69% in Q1 2024—and the average price per square foot increased to $580, up 2% from last year. Quick market movement also continues to be a theme, with 62% of homes going pending in the first 10 days.

 

Seattle Q1 2025 Recap

Click here for the full report and neighborhood-by-neighborhood statistics!

Seattle Report - Q1 2025

 

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EASTSIDE

The Eastside market continues its upward momentum, with a 5% year-over-year increase in median sale price to $1,680,000 in Q1—building on the 14% jump reported in Q1 2024 and the remarkable recovery from Q1 2023’s $1,400,000 low. This marks a $280,000 increase over two years, a clear signal of sustained buyer demand and market strength.

Homes are moving quickly, with 69% selling in the first 10 days—up from 65% last year. Additionally, 72% of homes sold at or above list price, improving consistently from 68% in 2024. East Bellevue (E of 405) stood out with 83% of homes selling in the first 10 days and a 10% jump in median price—continuing its leadership in market competitiveness in recent years.

We also saw notable activity in Redmond, where sales rose 10% and 75% of homes sold in the first 10 days. Kirkland held strong as well, with an 8% increase in median price to $2.21M after last year’s 32% gain. And despite West Bellevue’s sharp 18% price dip, it remains one of the most valuable submarkets with a median price of $3,200,000.

The listing count jumped 21% year-over-year, with 1,833 homes hitting the market—finally turning a corner after multiple years of historically low inventory. Overall average price per square foot also increased 4% to $699.

 

Eastside Q1 2025 Recap

Click here for the full report and neighborhood-by-neighborhood statistics!

Eastside Report - Q1 2025

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MERCER ISLAND

Mercer Island’s real estate market launched into 2025 with remarkable momentum. Median sale prices surged 17% year-over-year to $2,937,000—outpacing both Q1 2024’s 13% growth and 2024’s full-year 11% rise. This continued appreciation reflects strong buyer demand and an increase in high-value transactions across neighborhoods like Southend and Northend, which posted some of the highest median sales at $4,401,000 and $4,012,000 respectively.

While total sales volume declined by 21% from Q1 2024, due in part to seasonally low inventory, the market remained highly competitive. Over half (53%) of homes sold within the first 10 days—down from 73% in Q1 2024 but still a strong indicator of buyer urgency. Likewise, 47% of homes sold at or above list price, a notable drop from last year’s 65%, but consistent with Q1’s evolving pace as buyers exercise more discretion amid shifting macro conditions.

Inventory began to bounce back with 66 new listings—12% more than Q1 2024—signaling renewed confidence from sellers. Price per square foot rose modestly by 4% to $846, continuing the stable value trend seen in prior quarters.

 

Mercer Island Q1 2025 RecapClick here for the full report and neighborhood-by-neighborhood statistics!

Mercer Island Report - Q1 2025

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CONDOS – SEATTLE & EASTSIDE

The condo market is off to a strong and balanced start in 2025. With a 15% year-over-year increase in Seattle’s median condo price—now at $635,000—and a 9% increase on the Eastside to $735,000, it’s clear that confidence is returning to this sector. Seattle posted a 19% rise in condo sales, while Eastside transactions grew 15%, building on the momentum established last year. Go Seattle Go! We’re always rooting for downtown condo recovery.

Woodinville condos were the breakout stars this quarter, with a remarkable 108% rise in median sale price and 41% more units sold. Likely due to new construction projects in wine country. Redmond followed suit, reporting a 27% price jump and 36% growth in volume. Meanwhile, West Bellevue remains the most expensive submarket at $1,045,000, despite some pricing fluctuations. Seattle’s North End also had a strong showing, with prices up 3% and more than half of condos selling at or above list price.

In terms of competitiveness, Mercer Island stood out with 80% of its (5) sales happening in the first 10 days—up from 52% last year. This level of demand echoes across the Eastside, where 44% of homes sold within 10 days, up from 39% last year. Seattle mirrored this pace with 35% selling in the first 10 days.

Inventory has expanded as well. New condo listings rose 34% over last year, providing buyers with more choice while keeping upward pressure on prices. The condo market is proving to be as unpredictable as all things in the US today. There are certainly bright spots and it we are cautiously optimistic that Home Shoppers are considering condos a realistic option, unlike years past.

 

Check out area-by-area details the full condo report.

Condo Report - Q1 2025

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WATERFRONT

Seattle led the pack with 10 waterfront sales in Q1 of 2025, including the highest sale in the region—an immense 15,321 square foot Magnolia home on over 3 acres and 293 feet of waterfront that sold for $21,500,000.  All but 3 of Seattle’s waterfront homes sold within the first 10 days on the market with one Lake Forest Park home going for $160,000 above the asking price.

The Eastside also posted some impressive Q1 sales, including a $16m Hunts Point sanctuary and a $13.125m Italian-inspired stunner at Mercer Island’s southern tip. The most modest waterfront sale was an original 1968 beach house on 58 feet of lakefront in Bellevue that sold for $1,750,000.

This brief overview of the entire Seattle-Eastside private waterfront market, including Mercer Island and Lake Sammamish, illustrates the trends occurring in our region over time. This data is interesting and insightful but cannot replace an in-depth waterfront analysis with your trusted professional.

 

Waterfront Report - Q1 2025

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Windermere Mercer Island

 

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 2025, Windermere Real Estate/Mercer Island. Information and statistics derived from Northwest Multiple Listing Service and Trendgraphix, and deemed accurate but not guaranteed. Seattle cover photo courtesy of Brooke Davis and Northwest’s Best Real Estate Video & Photography. Eastside cover photo courtesy of Joe C. Liu and Clarity Northwest Photography. Condo cover photo courtesy of Andrea Iverson and Andrew Webb, Clarity Northwest Photography.

Market Reports January 13, 2025

How’s the Market? Annual Review of Seattle Area Real Estate

Happy New Year! Whew, we made it! With 2024 now in the books, we’re looking back fondly on a real estate market that showed positive signs of growth in virtually every sector. Median sales prices posted strong double-digit gains on the Eastside along with a healthy 8% rise in Seattle. Listings also rose, easing the strain for buyers grappling with our housing shortage.

If you’ve waited long enough and 2025 is the year for you to make a move, we recommend front loading that decision. Pent up demand (both sellers waiting to sell and buyers waiting to buy) should give us a spring full of blossoming and beautiful inventory. There is less volatility in interest rates than there has been in recent months, you’ll see that the average rate has been rock steady around 6.75% in 2023 and 2024. Overall, this is a great time to buy or sell and I know your real estate professional is excited to help you!

 

Click or scroll down to find your area report:

Seattle  |  Eastside  |  Mercer Island  |  Condos  |  Waterfront

 

2024 Residential Home Price Appreciation in King County

 


SEATTLE

From a statistical/real estate perspective, the numbers don’t really reflect the overall vibe of the year. In a good way! It’s all positive news: prices are up, listings are up, and market time is down. The City of Seattle is in full recovery mode. Homeowners are awaiting the new density plan and eager to learn what the city has in store for the core neighborhoods around transit. It’s an exciting time. Median sold price city-wide reached a record $945,000 (modest, as that is $5000 above the previous record set in 2022) and homes sold for an average 104% of list price when they attracted a sale in the first 10 days (58% of the total sales).

Lake Forest Park and Madison Park saw the greatest price gains at 11% and 12% respectively. North Seattle was over all the “strongest” with 66% of homes selling in the first 10 days and 70% of homes selling for at or above list price. There was a modest gain in new listings across the board at 8769, while still lower than typical. The ten-year average is around 10,500 listings per year. No bad news here with average price per square foot gains of 5% to $564!

 

Seattle 2024 RecapClick here for the full report and neighborhood-by-neighborhood statistics!

Seattle Metro Annual Market Report

 

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EASTSIDE

Welcome 2025! We (the real estate community) are feeling hopeful and bullish about what’s to come. So far, the numbers year over year support that. When we reviewed 2023 for the Eastside, the only positive statistic reported was Mercer Island’s 2% rise in the number of home sales. Looking at the 2024 report with that perspective it is ALL good news. New listings are up 14% for the year, while the number of sales are up nearly 10%. This is absorption of inventory to be excited about. Prices are up 11% to a record high of $1,600,000!

Woodinville and the area S of I-90 saw the largest price gains at 16% and 14% respectively, likely enjoying the benefits of buyers ‘pushing out’ because of the pressure of affordability in the core neighborhoods. Kirkland and West Bellevue were among the highest total sales and still a strong showing in price gains at 11% and 8%. Even though Bellevue (E of 405) saw the most modest price gains this was arguably the most popular neighborhood with 74% of homes selling in the first 10 days and 71% selling for at or above asking price!

 

Eastside 2024 RecapClick here for the full report and neighborhood-by-neighborhood statistics!

Greater Eastside Annual Market Report

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MERCER ISLAND

2024 was a solid year for Mercer Island: 11% overall price growth, on average 98% list to sales price ratio, and a respectable 32 cumulative days on market. This was a year of calm and confident decisions made by the entire real estate market. Home buyers and sellers alike. Looking to the neighborhoods there were two that stood out in relation to 2023: The Eastside and The Lakes where total sales had massive growth. 26 homeowners (vs 11 in 2023) moved on the Eastside and in the Lakes there were 4 transactions, a whopping change given that there were no sales reported on the MLS in 2023. The Island has not yet reached the peak prices from 2022, but we’re on our way!

Shifting to the condo market, 2024 was a sleepy year. With 47 new listings and 33 sales (both about 20% lower than in 2023), the average list to sales price ratio of 101% surprised us! Total median price is down YOY by about 8%, but with such little data to draw from this number tends to swing more than most. The overall price swing was from $339,000 for a studio to $1,775,000 for a 2 bedroom luxury unit. 19 of the 33 sales were 2 bedroom units. All in all condos on the island are a necessary market segment that we continue to watch closely as an overall indicator of market health.

 

Mercer Island 2024 RecapClick here for the full report and neighborhood-by-neighborhood statistics!

Mercer Island Annual Market Report

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CONDOS – SEATTLE & EASTSIDE

In reviewing last years’ report, there was so much RED! This year is a refreshing change with some positive numbers sprinkled in. Even the pockets that remain flat feel like good news, after all, a push is a win! Perspective is everything, in life and in real estate. This year was absolutely a bright spot for condos in the last several months. This was due in large part to external factors: affordability issues in single family, perceived ‘high’ interest rates, continued density issues in the ‘burbs, and major employers recall to office. Urban life in both Seattle and on the Eastside are experiencing a renaissance and we’re here for it!

The headline in Seattle is that prices are UP! Downtown saw an increase of 8% to a median price of $650,000. Though, North Seattle carried the day with an eye popping 18% increase in median price. While price per square foot was flat on average, new listings are up 21% YOY. Sellers are dipping their toes back in the market at higher prices (up 5.3%) and seeing moderate success with total sales down 3% (compared to a 26% drop in 2023). Buyers know they have options and will wait to pick off the low hanging fruit: best perceived value for their dollar.

Meanwhile, on the Eastside: prices are up, listings are up, sales are up. A nice headline, but let’s break it down. New listings rose a whopping 34% year over year (which you may remember saw a 23% dip from 2022). Demand was steady with total sales up 15% YOY; we didn’t quite absorb all of the new inventory but that is to be expected. So, even with a relatively high absorption rate prices rose to a record high median of $695,000. The stars of this price gain are, not surprisingly, Kirkland and West Bellevue at 28% and 24% respectively. We can’t wait to see what 2025 will bring!

 

Check out area-by-area details the full condo report.

Condo Report: Seattle/Eastside Annual Review

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WATERFRONT

The Eastside saw a huge boost in waterfront sales with 50% more sold in 2024 than 2023. Mercer Island and Lake Sammamish posted similar sales gains of 45% and 43% respectively. While Seattle had 2 fewer sales than the year prior, its waterfront homes sold faster than in any other area and fetched higher selling prices as compared to list prices.

The highest waterfront sale was $38,900,000 for an immense 13,590 sq. ft. Medina estate on 117 feet of Lake Washington shoreline. The most modest sale was $1,400,000 for a 1960 Ralph Anderson original on Seattle’s Arroyo Beach.

This brief overview of the entire Seattle-Eastside private waterfront market, including Mercer Island and Lake Sammamish, illustrates the trends occurring in our region over time. This data is interesting and insightful but cannot replace an in-depth waterfront analysis with your trusted professional.

 

Waterfront Report: Seattle/Eastside Annual Review

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Windermere Mercer Island

 

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 2025, Windermere Real Estate/Mercer Island. Information and statistics derived from Northwest Multiple Listing Service and Trendgraphix, and deemed accurate but not guaranteed. Seattle cover photo courtesy of Michael Fleming and Clarity Northwest Photography. Mercer Island cover photo courtesy of The Sirianni Group and Clarity Northwest Photography. Condo cover photo courtesy of Luke Bartlett and Matthew Gallant, Clarity Northwest Photography.

 

Market Reports October 16, 2024

How’s the Market? Q3 2024 Review of Seattle Area Real Estate

While Q3’s summertime market slowed a bit from the frenetic spring pace of Q2 (we call this the “Summer Slump”), median home values are up across the region compared to this time last year. Most homes still sold at or above their listed prices in the first 10 days on market. However, buyers had more choice with higher inventory levels AND some room to negotiate on price for those homes that stayed on the market past the 10-day mark.

What does this mean for the rest of 2024? We typically see buyer activity decrease as we head into the holidays, and of course, it’s also election season. If you’ve been considering a purchase and are of the mindset that you don’t want to compete, THIS IS YOUR MARKET! For sellers the average days on market in Q3 was 20 for Seattle and 18 for the Eastside. Which means: if your price didn’t attract a buyer in the first two weeks, it’s probably time to re-evaluate. Interest rates are better than they’ve been since mid 2022. Quality inventory is being presented to the market. If you see a great house, be prepared to move quickly. Opportunity Knocks.

 

Click or scroll down to find your area report:

Seattle  |  Eastside  |  Mercer Island  |  Condos  |  Waterfront

 


SEATTLE

Lots of good news in Seattle during our post-summer glow. Prices are up year over year by 5% to $937,000. While we’re still under the peak median of $1,000,000 set in Q2 of 2022 and $970,000 from last quarter, this is so typical for Q3. We’ve seen it every year from Q2 to Q3 going back to 2018 (except in 2020 largely because the real estate market shut down completely in Q2). Buyers had lots of choice, with more inventory to end the quarter than we’ve had since Q3 of 2022. Even with these buyer bright spots we still saw 56% of homes sell in the first 10 days and 34% over the asking price.

Average price per square foot and median price were in positive territory across the board this quarter in all neighborhoods. Richmond Beach/Shoreline and Madison Park/Capitol Hill both saw larger than typical gains in $/sq.ft. (11%) and median price (10%) respectively. North Seattle appeared to be the “hottest” market around with 64% of homes selling in the first 10 days. Again, really great numbers in Seattle given that Summer Slump was in full effect.

 

Seattle Q3 2024 RecapSeattle is in a Seller's Market Based on Months of Inventory in Q3 2024Click here for the full report and neighborhood-by-neighborhood statistics!

Seattle Report - Q3 2024

 

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EASTSIDE

The Eastside continues to be the region’s crown jewel of real estate. Median prices are up again year over year by 8%. Most of us felt what we lovingly call the Summer Slump, and the numbers confirmed this. Prices (median) AND transactions were down 6% overall when compared against Q2 of 2024. That’s a $100,000 dip in median sales price if you missed the spring market. This is absolutely typical for the PNW and Metro King County. Seasonally our peak seasons are spring and post Labor Day/pre-holiday. This year that may be disrupted by election distractions. Time will tell if it’s a market lacking in consumer confidence or simply existential distraction.

The micro markets across the Eastside are fairly homogeneous. Among the 8 neighborhoods that we track, the median price swing was 3-11% but all in a positive direction. Total transaction volume is up 18% signaling that eventually life changes will trump a 2.5% interest rate. While homes were mostly selling in the first 10 days, multiple offers/paying over asking price were not the norm. In fact, the split between at, above, and below was relatively even.

 

Eastside Q3 2024 RecapThe Eastside is in a Seller's Market Based on Months of Inventory in Q3 2024Click here for the full report and neighborhood-by-neighborhood statistics!

Eastside Report - Q3 2024

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MERCER ISLAND

Fall has come for Mercer Island. The summer construction on Island Crest is done, school buses are out en force, and those filtered views that only come out in winter are starting to show. It’s time to look back fondly at the summer real estate market: prices are up YOY by 3% to $2,440,000 to end the quarter. This is likely more about trailing gains from a robust spring than it is about actual gains from Q3, given the indicators. A whopping 40% of homes sold under list price. It took 40% longer than 10 days to sell (not necessarily the same 40%) but only for about a 2% discount. This suggests that seller pricing and buyer motivation are evenly matched. There were 50 active listings at end of quarter, the most since Q2 of 2020 when real estate shut down completely.

Focusing on neighborhoods, The Lakes, Mercerwood, Mercerdale, and Mercer Island Estates saw 100% of homes sell in the first 10 days for an average of 102% of sales price. This goes to show that in any market, despite overall conditions, there will always be “hot homes.” Mid-Island had the most overall activity with 22 of the 68 sales across the Island. These occurred at $865/foot and 16 of the 22 homes sold in the first 10 days for at or above list price.

 

Mercer Island Q3 2024 RecapMercer Island is a Seller's Market Based on Months of Inventory in Q3 2024Click here for the full report and neighborhood-by-neighborhood statistics!

Mercer Island Report - Q3 2024

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CONDOS – SEATTLE & EASTSIDE

Once again, we’re rooting for the Seattle condo market as it proves to be the little engine that could! Chugging along toward modest price gains even when the rest of the market seems to be struggling a bit, Seattle condo prices have held steady for the last 6 quarters, with mostly positive change. Eastside condos hit a median price all-time high in Q2 at $709,000. We’re off of that a touch to $690,000 in Q3, to be expected after a beautiful summer. The Eastside ended the quarter with 29% more listings than this time last year and only 13% more sales. Mounting inventory tends to lead to price softening. Overall, nearly 50% of condos sold for at or above their list price!

When you compare the charts in the report, there is admittedly more positive news on the Eastside than in Seattle. Overall, we’re encouraged that despite many neighborhoods experiencing a drop in sales, average price per sq. ft. held flat and median price is up overall. On the Eastside it’s still great news all around for the market, especially in West Bellevue with 26% median sales price gains and total sales up 55%.

Friendly PSA: PLEASE remember that there is a ‘first rung’ of the property ladder. CONDOS create an affordable option to start building wealth at a younger age. It’s an important real estate product that has been overlooked. I am hopeful that enterprising young homeowners return to the condo market in droves this next real estate cycle.

 

Check out area-by-area details the full condo report.

Condo Report - Q3 2024

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WATERFRONT

While a bit slower compared to last quarter, waterfront sales remained strong in Q3 with 10 on the Eastside and 8 in Seattle. Lake Sammamish moderated in summer with just 5 sales compared to the crazy 15 we saw in spring, while Mercer Island stayed fairly steady with 4 (compared to 6 in spring). The highest sale was nearly $18 million for an immense Wendell Lovett designed 6,920 sq. ft. home on 125 feet of prime “gold coast” waterfront in Medina. The most modest sale was also on the Eastside—an original 1943 cottage on 53 feet of west-facing waterfront in Kennydale.

This brief overview of the entire Seattle-Eastside private waterfront market, including Mercer Island and Lake Sammamish, illustrates the trends occurring in our region over time. This data is interesting and insightful but cannot replace an in-depth waterfront analysis with your trusted professional.

 

Waterfront Report - Q3 2024

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Windermere Mercer Island

 

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 2024, Windermere Real Estate/Mercer Island. Information and statistics derived from Northwest Multiple Listing Service and Trendgraphix, and deemed accurate but not guaranteed. Seattle cover photo courtesy of Kathryn Buchanan and Brandon Larson, Clarity Northwest Photography. Mercer Island cover photo courtesy of The Sirianni Group and Clarity Northwest Photography. Condo cover photo courtesy of Julie Wilson and Bobby Erdt, Clarity Northwest Photography. Waterfront cover photo courtesy of Anni Zilz and Andrew Webb, Clarity Northwest Photography.

Living & Community May 1, 2024

2024 Seattle & Eastside Farmers Markets: Locations, Times & More

Summer is just around the corner, and so are these farmers markets! Spend an evening or weekend finding your new favorites among the tents. Think it’s all about kale? Think again. Most offer live entertainment along with a mouth-watering variety of local brews, cheese, bread, meat/seafood, honey, hand roasted coffee, and other hidden gems (in addition to the freshly picked fruits & veggies).

Seattle Metro

Greater Eastside

 

When's It in Season? Farmers Market Produce Guide: https://windermeremi.com/files/2024/05/May24Blog2-FarmersMarkets.png


 

Seattle Metro

 

Ballard

Seattle’s first year-round Farmers Market, selling produce exclusively from Washington state farmers along the historic cobblestone stretch of Ballard Ave.

Sundays, 9am – 2pm | Year-Round
5345 Ballard Ave NW | Seattle
sfmamarkets.com/visit-ballard-farmers-market/

 

Capitol Hill (Broadway)

Come for Sunday brunch from food vendors who source ingredients from local, WA state farms (many of whom you’ll also meet selling their wares at the market). Live music and street performers often make an appearance, too.

Sundays, 11am – 3pm | Year-Round
Tuesdays, 3pm – 7pm (June 4 – September 24, 2024)
E Barbara Bailey Way | Seattle
seattlefarmersmarkets.org/chfm

 

Columbia City

With everything from freshly harvested Asian greens to Ethiopian eats, come check out the immense variety King County’s most diverse zip code has to offer. Bring your bounty to adjacent Columbia Park for a picnic.

Wednesdays, 3pm – 7pm | May 1 – Oct 9, 2024
Special Market Days on Saturday, 11/9/24 & 12/14/24, 10am-2pm
37th Ave S & S Edmunds St | Seattle
seattlefarmersmarkets.org/ccfm

 

Lake City

This celebrated North End seasonal market offers unique finds grown and prepared by local farms and food artisans. Enjoy kids’ activities, too!

Thursdays, 3pm – 7pm | June 13 – Oct 3, 2024
NE 125th St & 28th Ave NE | Seattle
seattlefarmersmarkets.org/lcfm

 

Lake Forest Park

With an emphasis on fresh, locally grown food, this market is an epicurean’s delight. Browse hard cider, baked goods, preserves, meat, pasta, sauces, and prepared foods along with the locally harvested fruits and veggies. There is also one “Crafts Market” each summer featuring local artisans.

Sundays, 10am – 2pm | May 12 – Oct 20, 2024
17171 Bothell Way NE | Lake Forest Park
www.thirdplacecommons.org/farmers-market

 

Madrona

Located in one of Seattle’s most diverse neighborhoods, you’ll find artisan foods as well as seasonal produce from Washington state farmers, fishers, and ranchers.

Fridays, 3pm – 7pm | May 17 – Oct 25, 2024
MLK Way & E Union St | Seattle
sfmamarkets.com/madrona-farmers-market

 

Magnolia

This popular Saturday market is nestled in the tree-lined Magnolia Village. In addition to seasonal fruits and veggies, you’ll find sweet & savory pies, fresh bread, flowers, and more!

Saturdays, 10am – 2pm | June 1 – Oct 12, 2024
W McGraw St & 33rd Ave W | Seattle
seattlefarmersmarkets.org/mfm

 

Phinney

A popular gathering spot for both the Phinney Ridge and Greenwood communities, this market is right next door to a playground and offers live music in addition to the great mix of fresh produce and prepared food.

Fridays, 3pm – 7pm | June 7 – Sept 27, 2024
6532 Phinney Ave N | Seattle
seattlefarmersmarkets.org/pfm

 

Pike Place

No introduction needed…make it a day with great restaurants, eateries and retail shops, too.

Daily, 9am – 6pm (farm tables close at 4pm) | Year-Round (Closed Thanksgiving & Christmas)
Pike Place between Pine & Virginia St | Seattle
(206) 682-7453
pikeplacemarket.org

 

Queen Anne

Seattle’s only independent farmers market, offering food, chef demos, live music, and children’s activities.

Thursdays, 3pm – 7:30pm | May 30 – Oct 10, 2024
Spring Preview Market on May 11, 2024, 10am-3pm
Harvest Markets on Oct. 26, Nov. 23 & Dec. 14, 2024, 10am-3pm
Queen Anne Ave N & W Crockett St | Seattle
qafm.org

 

Shoreline

Now located at the BikeLink Park & Ride (corner of 192nd & Aurora, across from Sky Nursery), this market offers kids’ programs and live music in addition to its fresh Washington produce, organic meats, bread, honey, and prepared foods.

Saturdays, 10am – 2pm | June 1 – Oct 5, 2024 + Harvest Markets on Oct. 26 & Dec. 14
18821 Aurora Ave N | Shoreline
shorelinefarmersmarket.org

 

University District

Seattle’s only independent farmers market, offering food, chef demos, live music, and children’s activities.

Saturdays, 9am – 2pm | Year-Round
University Way NE (the “Ave”) between 50th & 52nd | Seattle
seattlefarmersmarkets.org/udfm

 

Wallingford

Located in Meridian Park, you can shop with the whole fam and then enjoy a picnic or playtime at the award-winning playground.

Wednesdays, 3pm – 7pm | May 29 – Sept 25, 2024
4800 Meridian Ave N | Seattle
sfmamarkets.com/visit-wallingford-farmers-market/

 

West Seattle

A South Seattle weekend destination, this market is set in the vibrant West Seattle Junction and features up to 70 vendors during the summertime peak. Great community atmosphere celebrating Washington grown food and ingredients.

Sundays, 10am – 2pm | Year-Round
California Ave SW & SW Alaska | Seattle
seattlefarmersmarkets.org/wsfm

 


Greater Eastside

 

Bellevue – Crossroads

East Bellevue’s market features fruits, veggies & dairy products from Washington state farms along with handmade soaps, candles, dog treats, herbal wellness products, and more. Don’t miss the Salvadorean pupusas, Russian-style crepes, and handmade ice cream sandwiches, too!

Tuesdays, 12pm – 6pm | June 4 – Sept 24, 2024
15600 NE 8th St | Bellevue
https://crossroadsbellevue.com/music-events/crossroads-farmers-market/

 

Bellevue – Downtown

Set in the heart of Downtown Bellevue, this market offers goods exclusively produced within Washington state—from seasonal fruits & veggies to flowers, fresh meats, artisan goods, and prepared cuisine. The Power of Produce (POP) club empowers kids to know where their food comes from and make healthy eating choices.

May 23 – Sept 26, 2024: Thursdays, 3pm – 7pm
Oct 3-24: Thursdays, 3pm-6pm
1717 Bellevue Way NE | Bellevue
bellevuefarmersmarket.org

 

Carnation

Set in the heart of the Sno-Valley farming district, you’ll find plenty of freshly picked produce along with live music and educational activities for the kids.

Tuesdays, 3pm – 7pm | June, July & August 2024
Tolt-MacDonald Park, 31020 NE 40th St | Carnation
carnationfarmersmarket.org

 

Duvall

Nestled alongside the scenic Snoqualmie River, this friendly market features local eggs, jams, fresh roasted coffee, arts, crafts, and baked goods in addition to the seasonal veggies, fruits, and plant starts. Live music, picnic shelters and a playground make this a fun family destination.

Thursdays, 3pm – 7pm | May 2 – October 10, 2024
Taylor Landing at 16201 Main St NE | Duvall
Parking Map
duvallfarmersmarket.org

 

Issaquah

Located at the historic Pickering Barn, this picturesque venue offers a variety of fresh farm and food-based products, concessions, and local artisans.

Saturdays, 9am – 2pm | May 4 – Sept 28, 2024
Holiday Markets on Oct 26, Nov 23, & Dec 14, 2024
Pickering Barn, 1730 10th Ave NW | Issaquah
Market Map
www.issaquahwa.gov/778/Farmers-Market

 

Kirkland – Downtown

This stunning setting on the Lake Washington shoreline turns shopping into a day at the beach. Peruse local produce and goods, then go for a swim or stroll along Moss Bay. Perfect for a picnic, too!

Wednesdays, 3pm – 7pm | June 5 – September 25, 2024
Marina Park, 25 Lakeshore Plaza | Kirkland
kirklandmarket.org

 

Kirkland – Juanita

Set in beautiful Juanita Beach Park on Lake Washington, you’ll find as many as 30 vendors offering farm fresh local produce, herbs, honey, nuts, flowers, plants, baked good, handcrafted items, and prepared cuisine. Make it a date with live music and a picnic at the beach. There’s a great playground for the kids, too.

Fridays, 3pm – 7pm | June 7 – Sept 27, 2024
Juanita Beach Park, 9703 NE Juanita Dr | Kirkland
www.kirklandwa.gov

 

Mercer Island

Come on down for quality local Washington state produce, cheese, fish, meat, bread, and more. Check out the live music schedule, too!

Sundays, 10am – 2pm | June 2 – Sept 29, 2024
Harvest Market on Nov 24, 2024
Mercerdale Park, 7700 SE 32nd St | Mercer Island
www.mifarmersmarket.org

 

North Bend

This relaxed market enjoys live music and a spectacular Mount Si view. Vendors offer fresh produce, berries, honey, flowers, baked goods, hand-crafted items, and delicious prepared foods. Two playgrounds plus play fields and a covered picnic shelter make this a fun hangout spot. Leashed pets are welcome, too!

June 6 – August 22, 2024: Thursdays, 4pm – 8pm (Closed July 4)
August 29 – September 12, 2024: Thursdays, 3:30pm – 7:30pm
Si View Park, 400 SE Orchard Dr | North Bend
www.siviewpark.org/farmers-market.phtml

 

Redmond

Going strong since 1976, the Redmond Saturday Market offers a huge selection of vendors and dazzling array of produce, flowers, cheeses, preserves, salmon, tea, and handmade goods such as pottery and soaps. You’ll love the ready-to-eat foods, too.

Saturdays, 9am – 2pm | May 11 – Oct 26, 2024
9900 Willows Rd NE | Redmond
www.redmondsaturdaymarket.org

 

Renton

Find exclusively Washington-produced fruits, veggies, handmade goods, arts, crafts and more right in the heart of downtown Renton at Piazza Park. Food trucks, live music, and kids’ activities such as the “Healthy Kids Corner” make this a fun spot to liven up your Tuesday.

Tuesdays, 3pm – 7pm | June – Sept, 2024
Piazza Park, 233 Burnett Ave. S | Renton
www.rentonfarmersmarket.com

 

Sammamish

Each Wednesday, the Sammamish Commons plays host to a variety of local farmers, nurseries, bakeries, artisans, food vendors, and more. Live music and kids’ activities, too!

Wednesdays, 4pm – 8pm | May 15 – Sept 25, 2024 (Closed July 3)
Sammamish Commons, 801 228 Ave SE | Sammamish
www.sammamishfarmersmarket.org

 

Woodinville

Note the new hours for 2024! Come check out downtown Woodinville’s Schoolhouse District and find produce grown in the state of Washington (and picked fresh for that morning!). You’ll also have an array of boutique baked goods, sauces, cider, artisans, and more to peruse. Check out the calendar for live entertainment, music, demos, and other activities.

Saturdays, 10am – 2pm | May 4 – Sept 28, 2024
13205 NE 175th St | Woodinville
woodinvillefarmersmarket.com

 

 


 

Windermere Mercer Island

 

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 2024, Windermere Real Estate/Mercer Island.

Market Reports December 13, 2023

Top 10 Predictions for 2024 Real Estate

Will 2024 be a good year for real estate? This question comes up a LOT, especially from those who are considering buying or selling a home in the near future. Housing economist Matthew Gardner weighed in with his top 10 predictions for what the real estate market will look like in the coming year. Here is what he had to say…

 

1. Still no housing bubble

This was number one on my list last year and, so far, my forecast was spot on. The reason why I’m calling it out again is because the market performed better in 2023 than I expected. Continued price growth, combined with significantly higher mortgage rates, might suggest to some that the market will implode in 2024, but I find this implausible.

 

2. Mortgage rates will drop, but not quickly

The U.S. economy has been remarkably resilient, which has led the Federal Reserve to indicate that they will keep mortgage rates higher for longer to tame inflation. But data shows inflation and the broader economy are starting to slow, which should allow mortgage rates to ease in 2024. That said, I think rates will only fall to around 6% by the end of the year.

 

3. Listing activity will rise modestly

Although I expect a modest increase in listing activity in 2024, many homeowners will be hesitant to sell and lose their current mortgage rate. The latest data shows 80% of mortgaged homeowners in the U.S. have rates at or below 5%. Although they may not be inclined to sell right now, when rates fall to within 1.5% of their current rate, some will be motivated to move.

 

4.Home prices will rise, but not much

While many forecasters said home prices would fall in 2023, that was not the case, as the lack of inventory propped up home values. Given that it’s unlikely that there will be a significant increase in the number of homes for sale, I don’t expect prices to drop in 2024. However, growth will be a very modest 1%, which is the lowest pace seen for many years, but growth all the same.

 

5. Home values in markets that crashed will recover

During the pandemic there were a number of more affordable markets across the country that experienced significant price increases, followed by price declines post-pandemic. I expected home prices in those areas to take longer to recover than the rest of the nation, but I’m surprised by how quickly they have started to grow, with most markets having either matched their historic highs or getting close to it – even in the face of very high borrowing costs. In 2024, I expect prices to match or exceed their 2022 highs in the vast majority of metro areas across the country.

 

6. New construction will gain market share

Although new construction remains tepid, builders are benefiting from the lack of supply in the resale market and are taking a greater share of listings. While this might sound like a positive for builders, it’s coming at a cost through lower list prices and increased incentives such as mortgage rate buy downs. Although material costs have softened, it will remain very hard for builders to deliver enough housing to meet the demand.

 

7. Housing affordability will get worse

With home prices continuing to rise and the pace of borrowing costs far exceeding income growth, affordability will likely erode further in 2024. For affordability to improve, it would require either a significant drop in home values, a significant drop in mortgage rates, a significant increase in household incomes, or some combination of the three. But I’m afraid this is very unlikely. First-time home buyers will be the hardest hit by this continued lack of affordable housing.

 

8. Government needs to continue taking housing seriously

The government has started to take housing and affordability more seriously, with several states already having adopted new land use policies aimed at releasing developable land. In 2024, I hope cities and counties will continue to ease their restrictive land use policies. I also hope they’ll continue to streamline the permitting process and reduce the fees that are charged to builders, as these costs are passed directly onto the home buyer, which further impacts affordability.

 

9. Foreclosure activity won’t impact the market

Many expected that the end of forbearance would bring a veritable tsunami of homes to market, but that didn’t happen. At its peak, almost 1-in-10 homes in America were in the program, but that has fallen to below 1%. That said, foreclosure starts have picked up, but still remain well below pre-pandemic levels. Look for delinquency levels to continue rising in 2024, but they will only be returning to the long-term average and are not a cause for concern.

 

10. Sales will rise but remain the lowest in 15 years

2023 will likely be remembered as the year when home sales were the lowest since the housing bubble burst in 2008. I expect the number of homes for sale to improve modestly in 2024 which, combined with mortgage rates trending lower, should result in about 4.4 million home sales. Ultimately though, demand exceeding supply will mean that sellers will still have the upper hand.

 


 

About Matthew Gardner

Matthew Gardner analyzes and interprets economic data and its impact on the real estate market on both a local and national level. Matthew has over 30 years of professional experience both in the U.S. and U.K.

Matthew also sits on the Washington State Governors Council of Economic Advisors; chairs the Board of Trustees at the Washington Center for Real Estate Research at the University of Washington; and is an Advisory Board Member at the Runstad Center for Real Estate Studies at the University of Washington where he also lectures in real estate economics.

 


Adapted from an article that originally appeared on the Windermere blog December 4th, 2023. Written by: Matthew Gardner.

 

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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

 

Home Buyer TipsHome Seller Tips November 14, 2023

When is the Best Time to Buy or Sell a Home?

Market peaks, holidays, school, oh my! Once you’ve decided that you want to sell or buy a home, the when can be tricky to tackle. Many factors contribute to optimal timing. Scroll down for the pros and cons of selling or buying in each season.

While each season has its perks and challenges, your personal circumstances will be the most important consideration. Relocation, marriage, divorce, or other life changes may mean that it makes the most sense for you to move now regardless of market factors. If you have kids in school, it may be best to wait until after the school year to make your move.

If your timing is flexible, on the other hand, you’ll also want to consider things like the condition of your property—homes that need work or have challenges with location/layout may require a hot market (or serious lack of competing inventory) in order to sell. You’ll also want to analyze the micro-market in your neighborhood, including how many other listings are currently for sale. Check out our article on timing the market for some great tips on that.

Seasonal cycles are definitely worth considering. For sellers looking to get the maximum number of eyes on your home, it’s important to avoid listing during holiday weeks or inclement weather events like snow. Buyers might find it more difficult to purchase a home at the peak of the market when homes are selling like hotcakes. Below is a chart showing typical market activity based on a five-year average of pending sales.

 

Market Activity Based on Pending Sale Averages Over the Past 5 Years

 

When our clients ask for our advice on when to sell or buy, we typically analyze all of these factors along with seasonal pricing trends. Below are some of the pros and cons we tend to see for buyers and sellers in each season…


SELLING

 


BUYING

 

Pssst…we know decisions like this can feel overwhelming. Reach out any time for expert advice. We’re always happy to discuss your options and help you choose the best timing for your unique property, circumstances, and micro-market…

Connect with an agent to request an expert market timing analysis.

 


 

Windermere Mercer Island

 

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 2023, Windermere Real Estate/Mercer Island.

Home Buyer Tips March 2, 2021

Should I Be a Homebuyer in this Market?

Fourteen offers, all contingencies waived, earnest money deposit released to seller on offer acceptance. This is the norm rather than the exception in our current market. Sound crazy? It is! And we’ve been here before. Today’s buyers are likely paying considerably above market values to “win” the war and snag a house that they can live with for the foreseeable future. So long as prices keep increasing and demand is insatiable, that gamble might pay off nicely.

But eventually, something has to give. We know this because market cycles are inevitable. They keep our economy healthy and in check. If for example, mortgage interest rates increase too quickly, home prices become too unaffordable, or local or national events significantly impact consumer confidence, the market can turn on a dime. When it does, someone always gets left holding the bag (or an unsaleable house) as the market shifts from a seller’s market to a buyer’s market.

You might be wondering why a real estate company is suggesting you think twice before making the plunge. The truth is, we’re in it for the long haul and we know informed buyers are the best buyers. If you are a home seller wondering if we just showed your cards, fear not—having an informed buyer who has done their homework means they’re more likely to follow through to closing (and less likely to seek retribution from you later because of unknown or undisclosed defects). Read on!

 

FIRST THINGS FIRST

You know yourself and your situation better than anyone else. You need to be financially comfortable with the monthly payment, down payment, and ongoing costs of home ownership (see Should I Rent or Buy a Home?).

You will also want to consider whether an unexpected relocation could be in your near future. Do you feel secure in your employment situation? Knowing you could comfortably stay put and ride out the storm of any downturn in the market protects you considerably compared to being in a must-sell predicament. If you feel unsure about your financial position or might be required to relocate in the next couple of years, now might not be the right time for you to buy.

Your broker will be able to recommend prominent local lenders, inspectors, and other necessary vendors. Do your homework to select the right lender for you and make formal loan application with them to obtain underwriting approval. Beyond just pre-approval, underwriting approval assures you that your loan will go through (unless your employment situation changes or there is an issue with the house itself). This is well worth the time and effort to accomplish. While you’re at it, research potential inspectors to determine who you think will do the best job and what their options for completing an inspection within a tight timeline are.

If cash offers or those with waived financing contingencies are commonplace in the area you are searching, explore alternatives for funding your purchase. In addition to getting pre-underwritten, can you temporarily borrow funds from a 401k, investment account, or line of credit to allow you to better compete with cash? Do you have other interim options that would allow you to get in the door and obtain a purchase mortgage loan post-purchase? There are many nuances to making this work, but it might just be worth investigating if it is right for you.

Consider your risk tolerance level. This is something only you can determine, and everyone will have a different baseline. If you’ve checked off the items suggested above and decided you are financially and emotionally ready to get in the ring, how do you protect yourself when buying a home in an extreme seller’s market? Read on for things you can do to put yourself in the best possible position when buying a home—even in an ultra-competitive market. In this article, we will focus on critical aspects of the home itself and the home-specific research you should do before submitting an offer.

 

ASPECTS TO CONSIDER BEFORE YOU GET INTERESTED

Here are four attributes, beyond the number of bedrooms and baths, that you should have your eye on. Many buyers overlook undesirable aspects of a home when there are few choices, however “Grade A” properties will have the highest resale potential even in a future buyer’s market.

Home (building) quality: Well-built homes with “good bones” will outlast mediocre quality homes (and their components and systems) any day of the week. Determining quality is somewhat subjective. You will notice it in well-designed details, cabinetry and components that stand out from the competition. If the home has had renovations, do they match or exceed the quality of the original structure? Granted, affordability will impact quality, but it is critical to size up any home you are considering so that you’re comparing apples to apples. You don’t pay the latest iPhone price for a no name brand phone, and the same applies here. If you purchase a fair quality home at the going rate of higher quality homes, you are likely overpaying.

Immediate to-dos and deferred maintenance: Different than quality, a home’s upkeep requirements include the to-do list of items that need to be done to maintain its integrity. A home that has been well maintained over its life typically is a better investment than one that hasn’t. The true cost of deferred maintenance often adds up to more than the cost of the repairs themselves. Don’t forget to factor in the reduced life span of other components—like replacement of damaged wood beneath peeling paint or mold remediation in a damp basement caused by a clogged foundation drain. Also consider that if you know the furnace, roof, and exterior haven’t been properly maintained, what else also hasn’t been maintained that you don’t know about? Be careful to look past any “fluff” that may have been quickly done to prep the home for sale. See the Home-Specific Due Diligence below on how you can assess this before writing your offer. This article on Assessing the Real Cost of a Fixer is also a great resource.

Setting: The saying “location, location, location” didn’t get its fame from nowhere. A home with an ideal setting on its lot and in the neighborhood—away from busy roads and utility poles/boxes, with adequate privacy, good topography, best positioned to capture views if available, and not adjacent to undesirable elements—will have more value than a less-ideally situated home. Builders do this with lot premiums in new developments. When deciding what to pay for a property it is critical that you evaluate these aspects and any others relevant to a specific neighborhood to determine the +/- effect on value as compared to other recent sales.

Floor plan: How a home lives—flow from room to room, size of rooms, open/closed-off spaces, and below ground vs. above ground living—are every bit as important as the total home square footage. You can change a lot of things about a home, but it is more difficult to change a bad floor plan. Ensure that the floor plan is one that will work for you for the foreseeable future. That might mean more available bedrooms than you currently need, the structural ability to easily expand, or one-level living to allow you to age in place. When you are deciding a home’s potential value, consider the future relevancy of the floor plan for your lifestyle.

 

HOME-SPECIFIC RESEARCH

A great home hits the market and buyers are already lined up make an offer. It looks like an “A” property or something close. The clock is ticking, and you don’t want to lose out (again). Rather than getting caught up in the frenzy, take a deep breath, keep your wits about you and get to work. There is so much intel you and your broker can gather to ensure that the home you are considering won’t turn into your worst nightmare. Time is of the essence, so this is something you will want to do expeditiously.

Property photos and info: Of course, everyone looks at the home photos as soon as a new listing hits the market. Consider pulling them up on a big display and looking closely at things like room flow; condition of windows, floors, and major components like the roof and exterior; floor plan; proximity of neighboring properties; sun exposure; and topography. There is so much you can see when you are specifically looking for it. Don’t forget to check the description for key requirements that you can’t live without. Closer scrutiny of the info available before you go further will help you avoid wasted time.

Online research: Check out online maps of the street, neighborhood, and surrounds. Are there major roads or freeways, high voltage power lines, adverse topography, or other concerns that might affect your decision? Are there parks or other amenities that make this home more compelling? Is it located in an area with good cell coverage and high-speed internet? Even in our tech-oriented world, you’d be surprised how many pockets of inadequate coverage exist in our region. You can research this info, public records, and more using the Research tab on our website. This is a great first step in researching a home before you even jump in your car.

Property history: A simple search of the home address will bring up the listing and sale history on broker search websites. Your buyer broker can also access detailed listing, sale, and transfer history going back two decades or more. Use this information to better understand the property’s past. Was it recently sold as a fixer? Previously a foreclosure? Is it a flip? Those don’t necessarily eliminate a property, but they do add the need for another level of scrutiny. Do the previous photos or descriptions indicate non-permitted remodeling or otherwise warrant concern? What recent listings and sales have occurred in the vicinity? Do they support this home’s value? This will help you get a better picture of any home you are considering.

Seller disclosures and seller-procured inspections: With few exceptions, home sellers have had to disclose known defects and issues for more than three decades now via a Real Property Transfer Disclosure Statement aka Form 17. This document is typically uploaded to the listing and accessible to your buyer broker. Like everything you have done to this point, a close review of this disclosure lets you know more about this home. See Seller Property Disclosure: What You Need to Know Before You Buy.

Given the many components that make up a structure, every home will have some disclosed issues. If there are none, that should be a red flag itself. If the seller hired an inspector to conduct a pre-inspection, it will be noted in the disclosure and the inspection should be made available for your review. You are looking for a better understanding of past issues, resolutions, current issues, and ongoing concerns that might require further research.

Visiting the home: You’ve done your homework, and everything looks good so far. Take a drive by the home and neighborhood while you are waiting for your showing appointment to visit the home in person. While you are in the home, assuming it checks your boxes and you want to move forward, take a few minutes to take closer notice of typical problem areas. Here is a great guide on How to Spot Big Issues Before You Pay for a Home Inspection.

Buyer pre-inspections: A home inspection offers invaluable information on not only the current condition, but also on ongoing maintenance needs and items to be mindful of so they don’t become a bigger problem later. Unlike waiving most other contingencies in a purchase offer, where the worst that could happen is you lose your earnest money deposit, buying a home without an inspection could cost you tens or hundreds of thousands in unexpected repairs after closing. Here is a great home buyer book written by a local home inspector: The Confident House Hunter: A Home Inspector’s Tips for Finding Your Perfect House.

Let’s be honest, pre-inspections are hard to get scheduled right now. Sellers and listing brokers are just trying to get everyone in the door to see the home and blocking out a big chunk of time for a pre-inspection is often a challenge. With a little planning and coordination, here are some potential solutions to this challenge if scheduling an inspection during normal hours is not possible: see if the seller will allow a two-hour inspection at 7 am before the day’s showings; ask about conducting an inspection during a time when someone else is already inspecting (assuming all parties can properly distance and are okay with this); if all else fails, ask your inspector if they would consider reviewing any seller pre-inspection to help you assess its completeness.

In a less competitive environment, you might be able to simply include an inspection contingency with your offer. Also, don’t forget about wells and septic tanks. They’re kind of essential to you actually living in the home and having a non-performing well of a failed septic system is a bigger dilemma than you might imagine.

 

FINAL THOUGHTS

You’ve done what you need to do to investigate the property as thoroughly as possible and you want to proceed. Now is the time to determine if this is a “have to have” or “nice to have” home based on others that you’ve seen and strategize your offer accordingly. You might decide to waive typical contingencies and release all or part of your earnest money to the seller to make your offer more competitive. While there is no doubt a degree of risk in doing this, if you’ve done your due diligence ahead of time, this can be a compelling approach that doesn’t cost you any more at the closing table.

Of course, it is essential to have a competent real estate broker who can help you navigate these waters, determine the value (as compared to similar properties), history (permits, prior sales, etc.), and activity (other offers, pre-inspections, expressions of interest) of potential properties you are interested in. This helps you go in armed with the information to make sound decisions with a clear offer strategy that will help you win far more effectively than the typical guesswork that goes in too many offers written without this guidance.

Working with a reputable broker also makes for a more reputable offer. Any seller is looking for the assurance that their sale will close on time and as agreed. Most sellers feel more comfortable accepting an offer when there is good communication, a solid realtor, and a knowledgeable buyer behind it.

Lastly, be prepared for the adventure. There will be joy, surprise, heartbreak, anger, frustration, and bliss along the way. If you go in knowing it will be a challenge, you’ll be much better prepared for the market we are currently faced with.

Still have questions? Contact one of our knowledgeable brokers for assistance with how to purchase, sell, or determine the value of any property you are considering.


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.

© Copyright 2021 Windermere Mercer Island.

Home Buyer Tips March 10, 2020

Should I Rent or Buy a Home?

It’s important to remember that the purchase or rental of a home is a lifestyle choice as much as it is an investment. It is not just a commodity to negotiate, but also the place you’ll come home to each day and make your own. Yes, it is important to buy wisely and stay within your means. It is equally as important to do what is right for you and your lifestyle now. If you know you’ll be staying in the same place for years to come, you have much more latitude than you would if you might need to relocate in the next couple of years.

As you evaluate your options, you’ll want to consider things like initial out-of-pocket expenses, monthly expenses, maintenance and upkeep costs, tax deductions, and appreciation.

Initial out-of-pocket expenses.

In a home purchase, this is the down payment & closing costs. Depending on the loan program and purchaser’s credit rating, a typical down payment is 5-20% of the purchase price with closing costs (loan, title and escrow fees) adding another 2-3% on top of that. Putting 20% or more down allows you to avoid the added cost of mortgage insurance. If you need to put less down, you can remove the mortgage insurance later when you have 20% or more in equity.

In a rental, this is typically first month’s rent plus security deposit.

BUY:  A $500,000 home with 10% down would cost $65,000 ($50,000 down and $15,000 in closing costs) in initial out-of-pocket expenses.

RENT: A $3,000 per month rental might cost $6,000 (first month’s rent and security deposit).

 

Monthly expenses.

In a home purchase, this is the mortgage payment (including property taxes, homeowner’s insurance and any mortgage insurance). In a rental, this is typically just the rent.

BUY:  A $500,000 home with 10% down works out to a $2,084 base mortgage payment on a 30-year fixed mortgage. Add around $500 in property taxes, $50 in homeowner’s insurance and $290 in mortgage insurance (if applicable) for a total of $2924 per month.

RENT: $3,000 per month.

One important consideration is that the base monthly payment in a purchase of a 30-year fixed mortgage does not increase (although the property taxes and homeowner’s insurance will). Rent will likely increase each year to keep pace with inflation. Over time, the amount paid in rent each month will typically become significantly more than the amount of a mortgage payment.

 

Maintenance and upkeep.

In a home purchase, you are responsible for everything from the roof to the foundation, plus the land, utilities and sewer lines. In a condo, you are individually responsible for the interior of your unit and collectively responsible for the entire structure and grounds. The cost of maintenance depends on the age of the home or condo, how well it was built and maintained, and its exposure to the elements. In a rental, the landlord pays for maintenance and upkeep.

BUY:  Plan for 1-2% of the home’s value per year in typical maintenance plus the cost of major components (roof, furnace/AC, paint, flooring, appliances, decks, etc.) based on their life span. These items are easily researchable via inspectors, contractor bids and even google searches.

RENT: Landlord pays for maintenance and upkeep.

 

Appreciation.

In a home purchase, your investment is leveraged. That means you gain appreciation based on the entire value of your home, not just the amount you put down. That’s like earning interest on $500,000 even though you only deposited $65,000 in the bank.

BUY:  A 4% appreciation rate is a good average to benchmark. Assuming a 4% rate of appreciation per year, our $500,000 home would gain $108,000 in value over five years.

RENT: The landlord gains the appreciation.

 

The bottom line.

There’s a lot more to consider than just the monthly outgo. A homeowner can maximize their investment by purchasing in a highly desirable area and completing timely maintenance and upgrades or they can waste away their equity by purchasing in a declining or over-built area and allowing their home to fall in disrepair.

Only you know you. Are you up for the pleasure, independence, headache, and heartache of owning your own home? Or would you prefer the comfort and ease of renting someone else’s home with no strings attached, even if it costs more over time? Building wealth through homeownership is an incredible opportunity—but it’s only worth it if you enjoy the ride.

Looking back at the numbers, here’s how a 5-year analysis might pencil out:

BUY:  Your $500,000 home costs about $65,000 in initial out-of-pocket expenses, about $180,000 in monthly payments, and $40,000 in maintenance and upkeep over 5 years for a grand total of $285,000. In our scenario, this is offset by $108,000 in appreciation for an estimated net cost of $177,000 over five years.

RENT: An initial $3,000 per month rental would cost $194,988 in rent payments over 5 years assuming a 4% rent increase each year (a good long-range, though very conservative, benchmark, given the double digit rent increases over the past several years).

So, there you have it. The decision to opt for home ownership is a lot more than a quick judgement call. To do it right, you have to consider all of its aspects—financial, emotional, and even physical and spiritual—and weigh those against your long-range goals and plans. By taking the time to do a thorough analysis of the numbers and an assessment of yourself, you’ll make the best decisions possible and avoid costly mistakes.

Still have questions? Contact one of our knowledgeable brokers for assistance with how to determine your best sale price based on both the average and median price trends.

 


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.

© Copyright 2020 Windermere Mercer Island.