https://www.youtube.com/shorts/0NuheQqD3DkThe median home sale price on the Eastside was at $1,299,000 for closed sales in December, this is down around 15% from December 2021. Inventory is currently at 2.5 months, which is down from last month and this means the Eastside is a in a balanced market. Buyer activity has significantly increased after the start of the new year. Interest rates have stabilized and have dropped down in the last few weeks. I am closely monitoring the market to see if this trend continues. Connect with me to get the full Eastside market analysis or to discuss your unique situation.
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Market Update • January 23, 2023
January Real Estate Market Update for the Eastside
by Sara Miller
General Spring Market Update – Is It Hot or Not? May’s Eastside market update: The real estate market on the Eastside is experiencing an upswing with positive growth since December, the median closed sales price, the percentage of multiple offers have gone up. Interest rates have remained stable around 6.4% and the market continues to show signs of improving. The inventory level is actually lower […]
Market Update Market Update September 2022 Interesting numbers from August. We will see if the trend continues or if it was the typical seasonal slow down in August that we had not seen for a few years. It is still a sellers market. Although it feels different than a few months ago it is still a strong market. This is […]
Market Update Are We In A Housing Recession? If you are wondering what the real estate market is like right now here is a video from Matthew Gardner. I get asked about the market daily. Yes, it is slower than 6 months ago but it is still a decent market for both buying and selling. I have worked through much more difficult markets […]