Housing inventory improves, but market still favors sellers

KIRKLAND, Washington (May 5, 2016) – Northwest Multiple Listing Service reported strong gains in the volume of new listings its members added during April (up 13.6 percent from March), but inventory remained well below the supply needed for a more balanced market. MLS leaders say the lopsided market is prompting some anxious buyers to take ill-advised risks.

Prices showed some signs of moderating with a 5.5 percent year-over-year increase across the MLS 23-county market area. That’s the lowest YOY gain since December 2014 when it was 5.45 percent.

In its latest statistics with summaries of April activity, the MLS reported 11,407 pending sales during the month, about the same as a year…

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$525,000 - 37602 SE Fury Street , Snoqualmie

   Bedrooms: 3
   Bathrooms: 2.5
   Sq. Footage: 1,800
   Year Built: 2014
   Garage Spaces: 2
   Type: Residential
   MLS® Number: 937993
OFFERED BY: PROPERTY DESCRIPTION:
  Matt Jensen
Branch Manager - Issaquah Highlands Office
206.909.8200
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Formal Model Home at Kimball Creek corner lot location with Mt Si views! Beautiful hardwoods grace main floor, vaulted entry, great-room with gas fireplace & kitchen with upgraded appliances, granite slab & more! Flawless home from top to…

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$250,000 - 2010A NE Katsura, Issaquah

   Bedrooms: 1
   Bathrooms: 1
   Sq. Footage: 661
   Year Built: 2007
   Type: Condominium
   MLS® Number: 937928
OFFERED BY: PROPERTY DESCRIPTION:
  Matt Jensen
Branch Manager - Issaquah Highlands Office
206.909.8200
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Welcome to Crofton Springs! This 1 bedroom plus office offers you all that you a looking for in a home. Sleek designs, 9 foot ceilings and hardwoods throughout the main living area, office and kitchen. Sleek vessel sink in the bathroom. All appliances stay. Condo located on a quiet,…

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$675,000 - 45847 SE 137th ST, North Bend

   Bedrooms: 4
   Bathrooms: 2.5
   Sq. Footage: 2,690
   Year Built: 1996
   Garage Spaces: 3
   Type: Residential
   MLS® Number: 937858
OFFERED BY: PROPERTY DESCRIPTION:
  Karen Derwin
Real Estate Broker
425-785-0587
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You must see the newly manicured landscaping for this beautiful Wood River Home that has 4 bedrooms (one with a loft and one with a built in desk). 2.5 bathrooms all updated with granite and travertine. Fabulous kitchen with new stainless steel appliances, slab granite…

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$500,000 - 1840 25th Ave NE , Issaquah

   Bedrooms: 2
   Bathrooms: 1.75
   Sq. Footage: 1,178
   Year Built: 2007
   Garage Spaces: 1
   Type: Condominium
   MLS® Number: 937886
OFFERED BY: PROPERTY DESCRIPTION:
  Matt Jensen
Branch Manager - Issaquah Highlands Office
206.909.8200
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Penthouse suite with unobstructed city and mountain views all the way to Bellevue and Seattle from every room. 17 foot high ceilings make this spectacular top floor end unit open and bright. Luxurious great room concept includes gourmet kitchen with…

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$389,995 - 13520 434th Ave SE , North Bend

   Bedrooms: 3
   Bathrooms: 1.75
   Sq. Footage: 1,350
   Year Built: 1979
   Garage Spaces: 1
   Type: Residential
   MLS® Number: 937799
OFFERED BY: PROPERTY DESCRIPTION:
  Hailey Miller
Broker
714-655-0595
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This stylish NB retreat w/ Mt. Si views & covered front porch is perfect for your upcoming summer entertaining. Home boasts dining area with w/ wood burning fireplace, open light & bright kitchen, spacious floorplan, new carpet, & flooring throughout, plus a big beautiful…

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$575,000 - 3027 35th Ave. W., Seattle

   Bedrooms: 3
   Bathrooms: 1.75
   Sq. Footage: 1,130
   Year Built: 1942
   Garage Spaces: 1
   Type: Residential
   MLS® Number: 937530
OFFERED BY: PROPERTY DESCRIPTION:
  Susan Hickman
Broker
206-920-1877
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Step beyond a quaint covered porch and find a lovingly-maintained home ready for your personal updates in the Heart of Magnolia. This charming 2+ bedroom, 1 3/4 bath home is a gem. Tons of natural light on main floor with dbl-pane vinyl windows throughout! Efficient oil heat and AC…

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$339,000 - 12415 130th Avenue Ct E, Puyallup

   Bedrooms: 3
   Bathrooms: 2
   Sq. Footage: 2,241
   Year Built: 2007
   Garage Spaces: 2
   Type: Residential
   MLS® Number: 937623
OFFERED BY: PROPERTY DESCRIPTION:
  Diego J. Vitelli
Managing Broker/Property Manager
(206) 529-7728
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This is a must see nicely maintained home located on a quiet on a quiet cul de sac just off Shaw Rd in South Hill. Flowing hardwoods from entry to spacious kitchen w/ Cherrywood cabinets, tile backsplash & countertops w/ island. Open main floor is…

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$550,000 - 7327 Thompson Ave SE, Snoqualmie

   Bedrooms: 3
   Bathrooms: 2.5
   Sq. Footage: 1,980
   Year Built: 2000
   Garage Spaces: 2
   Type: Residential
   MLS® Number: 937477
OFFERED BY: PROPERTY DESCRIPTION:
  Diego J. Vitelli
Managing Broker/Property Manager
(206) 529-7728
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Exceptional Conner-built resale on coveted flat quiet Snoqualmie Ridge street. Hardwoods on Main floor with designer upgrades to paint, counters, cabinets, appliances, carpet, fireplace and mantle on fireplace. The fantastic open floor concept…

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We are happy to announce the opening of our new office in Dana Point, California!

 

The unique seaside city of Dana Point is located in Orange County, Southern California, about halfway between Los Angeles and San Diego. It is a favorite central point, bordered by the cities of Laguna Niguel and Laguna Beach to the north, San Juan Capistrano to the east, and San Clemente to the south.  It prides itself with nearly seven miles of coastal bluffs and rolling hills along the Pacific Ocean with its charming beaches and wild surfs. It encompasses 6.5 square miles and is home to 34,037 people and numerous businesses.  Now including, The Cascade Team!

Our Dana Point office will be managed by Janet DePerry.  Janet has been in the Real Estate industry…

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