When residential home sales picked up speed in the wake of the initial quarantine of the pandemic, many experts weighed in on this outlying trend. A year later, as Realogics Sotheby’s International Realty examines the data from the Eastside to Bainbridge Island and markets in between, it’s easy to see that a lack of inventory and an onslaught of buyers wasn’t a one-off. The question for many following the trendlines now, is when will median sales prices start to plateau, and the number of homes available for sale starts to tick back up.
Read MoreIn this article, we study some of the leading indicators influencing the current investment cycle in the region, take new stock of Seattle’s West Coast competition from Vancouver B.C. and San Francisco, and offer some perspective on how the housing trends may unfold ahead.
Read MoreWestern Washington’s housing market has remained competitive over the last year and shows no signs of slowing down. To get a sense of how the market has been, and where the trends might lead us next, check out our analysis of these key market areas.
Read MoreIn a whirlwind year full of unique challenges, people found a new relationship with their homes, which served more purposes than ever before. As folks re-evaluated their priorities, many sought a new residence that would fit their lifestyle changes and needs for both now and the future. This is where trust in a real estate partner became more important than ever before, and the power of the Sotheby’s brand, when brought to the negotiating table, overwhelmingly helped people achieve their homes in a market that began bustling.
Read MoreIn an unusual year, the real estate market has largely been a beacon of positivity. And while activity seemed to come to a complete halt for a brief moment in the second quarter, the buyers quickly got off the bench—to take advantage of low-interest rates, to invest in homes with bigger spaces or larger yards as working from home or home school became priorities.
Read MoreCurious how the local real estate market fared the past few months? Look no further than the Q2 Market Report. Each quarter, Realogics Sotheby’s International Realty analyzes market data to examine trends and ensure our clients better understand the real estate market. While median prices and buyer demand varied, it was a seller’s market.
Read MoreSummer is just around the corner and with that, comes waterfront season. RSIR has released a comprehensive analysis of 15 months of waterfront sales, from January 2018 through March 2019.
Read MoreWe are thrilled to share a review of 2018 market activity in the Puget Sound presented by Realogics Sotheby’s International Realty. Our acclaimed Research Editor and Data Analyst, William Hillis, has assembled an excellent year-over-year review of eight key counties in Western Washington along with data for 31 communities.
Read MoreAs people continue to flock to all areas of Seattle, local real estate begins to cool down. Realogics Sotheby’s International Realty’s latest market report details 2018’s fourth quarter trends for two of Seattle’s fast-growing regions: Seattle and the Eastside.
Read MoreIn the wake of the latest S&P Case-Shiller Home Price Index, which reflects sales data from September 2018, Seattle Times and other local media outlets proclaimed that residential home prices in the Seattle Metropolitan Area are rapidly declining. We elect, however, to keep an eye on the trendlines rather than the headlines, and are delving deeply into how the Index is computed and comparing its results with data obtained from the Northwest Multiple Listing Service (NWMLS).
Read MoreAs droves of people flock to Seattle and the Eastside, local real estate continues to sizzle while showing some hints of cooling down. Realogics Sotheby’s International Realty’s latest market report details 2018’s third quarter trends for these two fast-growing regions.
Read MoreRealogics Sotheby’s International Realty recently released waterfront stats from around the Sound, revealing what’s been happening around the Sound since the start of 2018. Here, we have a look at the latest statistics from Seattle, where things are heating up on the water.
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