Posts in Market Update
Seattle-Bellevue Market Update | September 2019

The residential real estate market for the greater Seattle-Bellevue metro area has been relatively healthy and steady in 2019 after the May 2018 price correction.  The sale prices of condominiums and single family homes increased 11.9% from January 2019 to May 2019.  Currently, I estimate home values will decrease approximately 6% from June through December to approximately 350-355 $/sqft until January when values likely increase again, which is a net annual value increase of 5.9%. 

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Seattle-Bellevue Market Update | June 2019

There is a nationwide phenomenon of home price gains slowing nationwide.  “Home price gains continued in a trend of broad-based moderation,” says Philip Murphy, Managing Director and Global Head of Index Governance at S&P Dow Jones Indices. “Year-over-year price gains remain positive in most cities, though at diminishing rates of change. Seattle is a notable exception, where the YOY change has decreased from 13.1% in April 2018 to 0.0% in April 2019.

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Dive into the 2019 Waterfront Report

Summer is the official time for waterfront living in the Puget Sound and Realogics Sotheby’s International Realty has put together an in-depth look of waterfront trends in 14 counties around Western Washington. RSIRWaterfront.com charts 15 months’ worth of data and includes average and median sales price trends, topographic maps of 27 areas and monthly sales activity.

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Comprehensive Real Estate Market Update: 2018 Year in Review and 2019 Trends to Watch

Realogics Sotheby’s International Realty presents the 2018/2019 Market Report, a comprehensive look at the 2018 real estate market and a look ahead at 2019. The report includes a 2018 retrospective which explores the shifting real estate market, including increasing inventory, the fallout from Seattle’s adopted (and subsequently repealed) “head tax” and the outcome of Amazon HQ2, sustained political banter in the U.S. and abroad, the threat of interest rate hikes, a look at Seattle’s performance on the S&P CoreLogic Case-Shiller Home Price Index, and more.

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Market Trends Around the Sound: Q1-2019

Data for the first quarter of 2019 has arrived and many of the fundamentals that marked the final quarter of 2018—such as mediating home price growth and an influx of inventory—continued into Q1-2019. The first quarter is an historically slower real estate sales season and while past years departed from seasonal trendlines, 2019 shifted back to it, with less sales, longer market times, and relatively steady year-over-year home prices.

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