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Join Tony Meier, a highly experienced real estate expert from Windermere Real Estate, as he delves into the latest trends shaping Seattle's Eastside housing market. With a notable shift in both interest rates and inventory levels, our update on November 8th, 2023, promises key insights for buyers, sellers, and market enthusiasts alike.
🏡 **What's Inside This Update**:
1. **Interest Rates**: Discover how the recent dip in rates is influencing market dynamics.
2. **Active Listings**: Get the pulse on the latest properties hitting the market.
3. **Pending Sales**: Dive into the numbers that are setting the pace for market activity.
4. **Months of Inventory**: Analyze what the shrinking inventory signifies for the market.
5. **Closed Sales Price**: Uncover the trends in final sale prices and what they mean for you.
Stay ahead in the real estate game by understanding these critical market shifts. Whether you're eyeing a new home or tracking the market for investment opportunities, this update is an invaluable resource. **Remember to LIKE**, **SHARE**, and **SUBSCRIBE** for the most comprehensive updates on Seattle's Eastside real estate scene.
Hey there! If you have any questions while navigating your real estate journey, we're here to help! Tony Meier & Team - Windermere 🏡
Rates and Inventory Continue to Drop as Market Improves. Seattle’s Eastside Housing Update 11-8-23
Tony Meier & Team. 37 years. 798 closed sales. $249M+ in closed volume since 2020.
Thinking about a move on the Eastside?
Tony Meier & Team has closed 798 residential transactions with $249M+ in volume since 2020. Whether you are six months out or just curious about your home’s value, we would be glad to help you think it through.
Tony Meier & Team
37 years experience. 798 closed sales. English Hill resident since 2001. 217 sales serving the English Hill Area.
425-466-1000 | tony@eastsidehomes.com | EastsideHomes.com
Contact Us
Tony Meier & Team
Windermere Northeast
11411 NE 124th St #110, Kirkland WA 98034
425-466-1000
tony@windermere.com
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Latest Market Updates
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This week's headline numbers are the most extreme readings of 2026, but they arrive with the Independence Day holiday firmly stamped on them. Pending fell to 72, MOI jumped to 5.78, and active listings declined for the first time all year. A clean read of underlying market conditions will not be available until next week.
Pending sales jumped 37% this week to 137, MOI pulled back to 3.10 returning to balanced territory, and active listings barely grew for the first time all year. But pre-holiday timing complicates the read, and next week's Independence Day suppression is likely to reverse the pending signal.
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The data this week reads in mixed directions: rates eased to 6.62%, pending sales firmed modestly to 126, and active listings climbed to 1,771 — another 2026 high. Four short-term signals moved in sellers' favor this week, but the structural conditions defining 2026 remain in place.
Three signals converged this week: pending sales fell sharply with the YOY gap widening to -17.2%, rates returned to the post-conflict high of 6.67%, and Months of Inventory jumped to 3.34 — the second-highest weekly reading of 2026, this time without holiday distortion to explain it.
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Client References
Sunrise sellers Shilpa Nagde and Anurag Gomsale share their experience working with Tony Meier & Team.
We had an exceptional experience working with Tony Meier and team, and we couldn't be happier with...
When it was time to sell my house I decided to have Tony Meier and his team help me because many of...
I've worked with Tony on buying two houses and selling one. I've also worked with Tony when...
Thanks to Tony Meier & Team, we found our dream property in a great location! Then, with...
We had a fantastic experience working with Tony to sell our home. From the very beginning, Tony...
Tony is a consummate professional. If you want to sell your house quickly and at the maximum...
We had the pleasure of working with Tony and his team to sell our home in English Hill, and we...
I can hardly think of more demanding customers than the two of us, but Tony rose up to the...
Tony was exceptional in assisting us in the sale of our home in a very difficult market. He helped...
Tony Meier has represented us as both a buyer and a seller in English Hill this year. As we...
For over 20 years, Tony, Wendi, and Rachel have been our trusted friends and neighbors—but...
I had the pleasure of working with Tony Meier to sell my English Hill home. Tony took the time...
Thank you so much for all your help and support in the home buying process. Your care, kindness...
Thank you for the team ! "Excellent reputation in the real estate business, reliability and...
Selling our home in English Hill was a major milestone, and we couldn’t be happier that we...
We have used Tony Meier for two home purchases, and one home sale (and currently working with him...
“Tony and team made our first home buying experience extremely smooth and stress free. His...
"Tony and his team are amazing. Trust what he tells you and do what he says. We did the changes/...
"Tony Meier and Team were extremely helpful in selling our home quickly and efficiently within a...
"It's never easy to say goodbye to a house full of memories and a neighborhood you love. But when...
"My husband Rob and I have always known we would use Tony & his team when the time came to sell...
"We are thrilled to express our gratitude to Tony for his exceptional guidance in our first home...
"Tony and Team provided us with resources and support for a smooth and pleasant property sale of...
"Tony and his team made the process of selling our house as easy as it could possibly be. He had...
"Tony and his team did an amazing job in helping us sell our home. Tony has a deep understanding of...
"On my visits to the area, I've seen your name for the last dozen years or so. Really good to...
We were grateful for the guidance provided by Tony Meier & Team to help us navigate the selling...
My father’s condo needed to be sold quickly. I hesitated reaching out to Tony out to due to the...
"Tony and his team made the sale of my English Hill home a smooth process. Having lived in the...
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