Wondering what the Seattle real estate trends are in your area?
Many people have been asking the question about what will happen this year with our Seattle housing market. Here is a look at what we predict will happen as we move through 2019. As you can see from the graphs below if you are interested in selling I would encourage selling sooner than later. I am recommending this to my clients at this time because we are seeing a slight Sellers market for these first couple of months but moving to a balanced market early spring. Once late spring hits we are looking at a serious shift in to a buyer's market starting in May where we will see a flood of inventory, price drops and closed sales under actual list price. That said, if you thinking about selling time is of the essence, don't wait until every other seller decides it's time to list in May. Market conditions in Issaquah, Sammamish, Bellevue, and Redmond have continually increased over the last year but as you can see are flattening out.
The graph above shows the market changes as they have happened over the last year. Sammamish has had the largest amount of growth and continues to have the highest median home price. For more specific information on your area, reach out to me for a more comprehensive view of your city.
For more information contact me below or call 425.829.1029
The Cascade Team
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