Market Statistics

Here are the latest market charts from the MLS. Click on each image below for a larger version. Active Listings vs. Sold Listings Number of Pending Listings Median Sales Price For more information our the Seattle and Eastside Real Estate Market contact Tony Meier...

Here are the latest market charts from the MLS. Click on each image below for a larger version. Active Listings vs. Sold Listings Number of Pending Listings Median Sales Price For more information our the Seattle and Eastside Real Estate Market contact Tony Meier...

Housing activity in Western Washington ranges from “red hot” to “slowly healing” KIRKLAND, Wash. (May 6, 2014) – Brokers report some skittishness among both buyers and sellers, but the latest statistics from Northwest Multiple Listing Service indicate the housing market is continuing to rebound. Both the number of pending sales and the number of new listings added to inventory during April...

KIRKLAND, Wash. (April 3, 2014) – Northwest Multiple Listing Service brokers reported rising prices on fewer sales during March compared to a year ago, citing inventory shortages as the main reason. Members of the MLS reported 9,183 pending sales (mutually accepted offers) during the month, about 300 fewer than the same period a year ago for a 3.2 percent drop. Compared to February, pending sales...

Here are the latest market charts from the MLS. Click on each image below for a larger version. Active Listings vs. Sold Listings Number of Pending Listings Median Sales Price For more information our the Seattle and Eastside Real Estate Market contact Tony Meier...

Here are the latest market charts from the MLS. Click on each image below for a larger version. Active Listings vs. Sold Listings Number of Pending Listings Median Sales Price For more information our the Seattle and Eastside Real Estate Market contact Tony Meier...

The housing market has turned a corner. Two years of solid appreciation in the Seattle area shows that to be true. In addition, the Federal Government is easing their support for the bond market, so the ability to get a loan at a discounted rate is coming to an end. Here is the change seen on the Eastside from 2012 to 2013: What will waiting cost you in 2014? If we take a conservative look at value...

Yes, in fact it is one of the best investments you can make! The graphic above is based upon national numbers, here is what King County looks like: Residential Median Price in 2000 = $250,000 Residential Median Price in 2013 = $415,000 Total Increase = 66% As much as my investment adviser would hate for me to tell you this, the Seattle area's real estate market remains one of the best...

Investors Target 'Hipster' ZIPs for Flipping DAILY REAL ESTATE NEWS | WEDNESDAY, FEBRUARY 19, 2014 Hipsters usually refers to a subculture of 20-something or 30-something men and women who follow the latest lifestyle trends and fashion. Many hipsters have delayed forming their own households and are living with their parents longer to get more control over their finances and find steadier...

DAILY REAL ESTATE NEWS | WEDNESDAY, FEBRUARY 12, 2014 Strong year-over-year price gains are starting to take a bite into housing affordability, particularly in the West, according to the National Association of REALTORS®’ latest quarterly report. The median single-family home price rose in 73 percent of the markets, or 119 out of 164 metro areas, in the fourth quarter of 2013, with 26...

DAILY REAL ESTATE NEWS | TUESDAY, FEBRUARY 11, 2014 The spring selling rush may already be under way, as some home owners are already throwing their properties on the market to take advantage of rebounding home prices and improved equity. Paul Reid, a real estate agent in Temecula, Calif., says some sellers are listing properties earlier than usual in anticipation of the spring...

Here are the latest market charts from the MLS. Click on each image below for a larger version. Active Listings vs. Sold Listings Number of Pending Listings Median Sales Price For more information our the Seattle and Eastside Real Estate Market contact Tony Meier...

KIRKLAND, Wash. (Feb. 5, 2014) – Home sales during January may not have been as super as the Seahawks’ performances, but brokers cite several reasons for optimism during 2014. “We are finally going to be looking at the ‘housing crisis’ in the rear view mirror,” said Mike Gain, CEO and president of Berkshire Hathaway HomeServices Northwest Real Estate. “In 2014 we are definitely in full...

Homebuilder Says It's Upbeat Enough to Raise Prices Again DAILY REAL ESTATE NEWS | WEDNESDAY, JANUARY 29, 2014 D.R. Horton, the largest U.S. home builder by homes sold, announced that strong sales will allow the company to raise prices for an early start of the spring home-selling season. The homebuilder announced a 4 percent increase in sales contracts in the first fiscal quarter ending Dec....

Northwest MLS brokers report nearly $25.5 billion in sales for 2013, outgaining prior year in both number of homes sold and dollar volume! KIRKLAND, Wash. (Jan. 22, 2014) – Members of Northwest Multiple Listing Service reported 75,517 closed sales during 2013, surpassing the 2012 volume by around 11,000 transactions for an increase of nearly 17 percent. Measured by dollars, last year’s sales of...

Here are the latest market charts from the MLS. Click on each image below for a larger version. Active Listings vs. Sold Listings Number of Pending Listings Median Sales Price For more information our the Seattle and Eastside Real Estate Market contact Tony Meier...

Northwest Multiple Listing Service - Kirkland, Wash. (Jan. 6, 2014) – Brokers with Northwest Multiple Listing Service ended 2013 with the best year-over-year improvement in inventory (up 8.4 percent) and a similar gain in closed sales to buoy confidence heading into the new year. December’s pending sales slipped slightly (down about 1.7 percent) compared to the same month a year ago. “Positive job...

Here are the latest market charts from the MLS. Click on each image below for a larger version. Active Listings vs. Sold Listings Number of Pending Listings Median Sales Price For more information our the Seattle and Eastside Real Estate Market contact Tony Meier...

Inventory levels in October remain tight with 1.7 months for single family homes and 1.5 months for condos. Sold prices for homes are up 13% and condos are up 17% as compared to one year ago. The chart below applies to the Greater Eastside, including Bellevue, Kirkland, Redmond, Issaquah, Sammamish, Woodinville and Bothell. For more information on how the changing market applies to you, contact me...

NWMLS April 5th, 2012 “Buyer Ready” Home Shoppers Have Edge as Brokers Report Rise in Multiple Offers KIRKLAND, Wash. (April 5, 2012) – The housing market in the Puget Sound region is pointing toward a sustainable recovery, according to several brokers who commented on the March activity report from Northwest Multiple Listing Service. MLS Members reported 9,126 pending sales during March, a...

From the Northwest Multiple Listing Service: FOR IMMEDIATE RELEASE: March 5, 2012 Washington homebuyers realizing "market may have reached bottom of cycle" KIRKLAND, Wash. (March 5, 2012) – With spring on the horizon and consumer confidence on the rise, members of Northwest Multiple Listing Service are reporting positive gains in activity. Pending sales for February increased more than 27...

Inventory is way down from our peak levels! In 2008 there were nearly 16,000 homes for sale in King County, now we have less than half that!   Inventory is absorbing at levels we have not seen since the market correction began!  Absorption levels in mid-30’s would typically mean the median price is on the rise.   So what does this mean to you and your...

NWMLS KIRKLAND, WA. (Dec. 5, 2011) – Northwest Multiple Listing Service members reported 6,103 pending sales during November, marking the seventh straight month of double-digit year-over-year increases. Last month's total number of mutually accepted offers was 22.4 percent higher than the same month a year ago. It also marked the first month since December 2006 that the number of pending sales...

March saw another increase in pending home sales, with contract activity rising unevenly in six of the past nine months, according to the National Association of REALTORS®. The Pending Home Sales Index, a forward-looking indicator based on contract signings, rose 5.1 percent to 94.1 in March from a downwardly revised 89.5 in February. The index is 11.4 percent below 106.2 in March 2010; however,...

Sales of existing-home sales rose in March, continuing an uneven recovery that began after sales bottomed last July, according to the NATIONAL ASSOCIATION OF REALTORS®. Existing-home sales, which are completed transactions that include single-family, townhomes, condominiums and co-ops, increased 3.7 percent to a seasonally adjusted annual rate of 5.10 million in March from an upwardly revised 4.92...

Housing markets: Best recovery bets 6 of 10 Seattle Median home price: $375,000 Drop since market peak: 24.4% Forecast gain by 9/2012: 3.7% Seattle is a good mix of new and old economies, with Microsoft, Amazon and Boeing offering good, well-paying jobs. And that has been key to getting the city's economy off life support, with the unemployment rate dropping below 9% in...

The King County Real Estate Market Takes a Breather as Tax Credit Expires... The fevered pace that led up to the tax credit deadline appears to have slowed some. Time will tell if this a brief pause or something more significant. Keep watch on my blog for more details . BTW... I personally had 3 sales during the last 7 days as represented on the image below, so it was not slow for me. Two were before...

- 6th best week for King County since July 18, 2007 -  Year to date sales are up 52% - 8th best week for Eastside(areas 500-600) since July 18, 2007 - Year to date sales are up 75%   Posted By:Tony MeierEastside & Seattle RealtorEastsideHomesBlog.comEastsideHomes.comSeattle's Eastside Real Estate...

Buyers in King County continue to grab up homes before the tax credit expires. With 2 weeks left to secure a home and the credit, there isn't much time left!  If I can help you take advantage of the credit, give me a call at 425-466-1000. Posted By: Tony Meier Eastside & Seattle Realtor EastsideHomesBlog.com EastsideHomes.com Seattle's Eastside Real Estate...

Six consecutive weeks of top ten sales!   Posted By:Tony MeierEastside & Seattle RealtorEastsideHomesBlog.comEastsideHomes.comSeattle's Eastside Real Estate...

The market continues to exhibit strength with 5 consecutve weeks of top 10 sales!   Posted By:Tony MeierEastside & Seattle RealtorEastsideHomesBlog.comEastsideHomes.comSeattle's Eastside Real Estate...

Four consecutive week's of top 10 sales activity! Posted By:Tony MeierEastside & Seattle RealtorEastsideHomesBlog.comEastsideHomes.comSeattle's Eastside Real Estate...

Sales continue their strong pace! · Second best week in King County since 07-18-07.  Year to date sales up 64% · Second best week on the Eastside since 07-18-07 .  Year to date up 98%!!   Posted By:Tony MeierEastside & Seattle RealtorEastsideHomesBlog.comEastsideHomes.comSeattle's Eastside Real Estate...

The decline in home sales in February was a disappointment to the housing industry, but Fannie Mae’s analysts say it is temporary and a sustainable turnaround is likely by the end of the year.Fannie Mae Chief Economist Doug Duncan points to evidence that a recovery is on its way, including an increase in consumer spending, an improving service sector, and the likelihood that employers will begin hiring...

 Posted By:Tony MeierEastside & Seattle RealtorEastsideHomesBlog.comEastsideHomes.comSeattle's Eastside Real Estate...

This week's numbers show a continued rise in pending sales on the Eastside of Seattle. These represent the highest numbers in 2 years or more! Interestingly, short sales, pre-forclosures and bank owned homes made up over 25% of the pending sales last week. See the snap shot below.   Here is a look at the last 2 years:   If you have any questions about this information or want to know the...

KIRKLAND, WA, June 4, 2009 – Waiting longer to buy a home is not likely to pay off, according to Northwest Multiple Listing Service director Kathy Estey after reviewing reports summarizing May activity. Estey pointed to shrinking inventory (about 20 percent fewer listings than a year ago), double-digit increases in the number of pending sales (up 17.7 percent from a year ago), solid open house activity,...

If you read the new report from Moody's Economy.com and MSNBC.com you would think so! They list Washington state as one of the last places to enter the recession and likely one of the first few out. They predect that five states including Washington will begin to recover in the 4th quarter of 2009. This is due in large part to our high tech industry and expect our employment to rebound in...

KIRKLAND, WA, May 5, 2009 –Northwest Multiple Listing Service members reported pending sales for April surged 11.4 percent compared to twelve months ago – and rose 21.3 percent from March. Brokers reported 6,918 pending sales during April across the 19 counties that make up the Northwest MLS market area. That's up from the year-ago total of 6,208, and the March figure of 5,701 pending sales (offers...

Eastside & Seattle Market Absorption RatesBy: Tony MeierEastside & Seattle Realtor   This week we will be looking at the Residential market absorption rates for the Eastside over the last 7 weeks. When looking at these numbers, keep in this in mind: 1.    These are an average of the all price ranges in the area. Some price ranges are definitely moving faster than others! If you...

Eastside & Seattle Market Absorption RatesBy: Tony MeierEastside & Seattle Realtor   This week we will be looking at the Residential market absorption rates for the Eastside over the last 7 weeks. When looking at these numbers, keep in this in mind: 1.    These are an average of the all price ranges in the area. Some price ranges are definitely moving faster than others! If you...

Eastside & Seattle Market Absorption RatesBy: Tony MeierEastside & Seattle Realtor   This week we will be looking at the Condo market absorption rates for the Seattle Area over the last 7 weeks. When looking at these numbers, keep this in mind: 1.    These are an average of the all price ranges in the area. Some price ranges are definitely moving faster than others! If you would...

Eastside & Seattle Market Absorption RatesBy: Tony MeierEastside & Seattle Realtor   This week we will be looking at the Condo market absorption rates for the Eastside over the last 7 weeks. When looking at these numbers, keep this in mind: 1.    These are an average of the all price ranges in the area. Some price ranges are definitely moving faster than others! If you would...

Eastside & Seattle Market Absorption Rates By: Tony Meier Eastside & Seattle Realtor   This week we will be looking at the Residential market absorption rates for the Seattle Area over the last 7 weeks. When looking at these numbers, keep in this in mind: These are an average of the all price ranges in the area. Some price ranges are definitely moving faster than others! If you would...

Eastside & Seattle Market Absorption Rates By: Tony Meier Eastside & Seattle Realtor   This week we will be looking at the Residential market absorption rates for the Eastside over the last 7 weeks. When looking at these numbers, keep in this in mind: These are an average of the all price ranges in the area. Some price ranges are definitely moving faster than others! If you would...

Eastside & Seattle Market Absorption RatesBy: Tony MeierEastside & Seattle Realtor This week we will be looking at the Condo market absorption rates for the Eastside over the last 7 weeks. When looking at these numbers, keep this in mind: 1.    These are an average of the all price ranges in the area. Some price ranges are definitely moving faster than others! If you would like to...

Forbes names Seattle as the market most likely to rebound. Here is the article: Real Estate Markets Most Likely To ReboundDorothy Pomerantz 10.29.08, 4:00 PM ET If you're a homeowner seeing property values plummet, look to the commercial real estate market for solace. It might tell you which areas will recover fastest--and which will likely remain weak. The Urban Land Institute recently asked 700 real...

Existing-home sales increased last month as buyers responded to improved housing affordability conditions, according to the National Association of Realtors®. Existing-home sales – including single-family, townhomes, condominiums and co-ops – rose 5.5 percent to a seasonally adjusted annual rate of 5.18 million units in September from a level of 4.91 million in August. Home sales are 1.4 percent...

Here is a quick look at the average price per square foot of homes and condos in Sammamish for the last two years. The chart starts off at $266.33 per square foot in October 2006, then peaks at $280.72 per square foot in April 2007. As of September 2008 the price is $250.54 per square foot.   If you would like to more about home price trends in a particular area, feel free to...

Here is a quick look at the average price per square foot of homes and condos in Bothell for the last two years. The chart starts off at $211.20 per square foot in October 2006, then peaks at $219.76 per square foot in June 2007. As of September 2008 the price is $189.45 per square foot.   If you would like to more about home price trends in a particular area, feel free to contact...

Here is a quick look at the average price per square foot of homes and condos in Bellevue for the last two years. The chart starts off at $315.06 per square foot in October 2006, then peaks at $361.78 per square foot in July 2007. As of September 2008 the price is $300.11 per square foot.   If you would like to more about home price trends in a particular area, feel free...

Here is a quick look at the average price per square foot of homes and condos in Kirkland for the last two years. The chart starts off at $305.61 per square foot in October 2006, then peaks at $350.38 per square foot in the May 2007. As of September 2008 the price is $294.65 per square foot.       If you would like to more about home price trends in a...

Here is a quick look at the average price per square foot of homes and condos in Woodinville for the last two years. The chart starts off at $249.26 per square foot in October 2006. While prices do appear to be trending down... strong sales in September 2008 brought the price is $258.49 per square foot!   If you would like to more about home price trends in a particular...

Here is a quick look at the average price per square foot of homes and condos in Seattle for the last two years. The chart starts off at $285.94 per square foot in October 2006, then peaks at $319.32 per square foot in August 2007. As of September 2008 the price is $279.72 per square foot.   If you would like to more about home price trends in a particular area, feel free to...

Here is a quick look at the average price per square foot of homes and condos in Redmond for the last two years. The chart starts off at $247.85 per square foot in October 2006, then peaks at $287.16 per square foot in the summer of 2007. As of September 2008 the price is $247.26 per square foot. If you would like to more about home price trends in a particular area, feel free to...

News from NW Multiple Listing Service FOR IMMEDIATE RELEASE: October 6, 2008 Pending Sales Up 4.1 Percent From Year Ago, Total Inventory Unchanged KIRKLAND, Wash. (Oct. 6, 2008) – Home sales around Western Washington during September rose 4.1 percent from a year ago, reversing a 19-month pattern of declines. Members of Northwest Multiple Listing Service reported 5,982 pending sales (offers made and...

This is a complicated question. To discover the answer, we must know the forces that control our market. Real estate is a supply vs. demand business and is heavily related to the rate of absorption of the inventory. Absorption Rates If we have low inventory and high demand the absorption rate is high and we have a seller’s market. Conversely, if we have high inventory and low demand the absorption...

Hey Chicken Little.... the sky has not fallen! If you believe everything you read in the press, you would think real estate values are plummeting and all of the homes on the Eastside and Seattle are short sales or foreclosures! While the incidences of these events has definitely risen - especially in South King County, don't write the King County Real Estate Market off just yet! The Puget Sound...

Eastside & Seattle Market Absorption RatesBy: Tony MeierEastside & Seattle Realtor   This week we will be looking at the Condo market absorption rates for the Eastside over the last 7 weeks. When looking at these numbers, keep this in mind: 1.       These are an average of the all price ranges in the area. Some price ranges are definitely moving faster than...

Eastside & Seattle Market Absorption RatesBy: Tony MeierEastside & Seattle Realtor This week we will be looking at the Residential market absorption rates for the Eastside over the last 7 weeks. When looking at these numbers, keep in this in mind: 1.       These are an average of the all price ranges in the area. Some price ranges are definitely moving faster than others!...

Eastside & Seattle Market Absorption RatesBy: Tony MeierEastside & Seattle Realtor This week we will be looking at the Condo market absorption rates for the Seattle Area over the last 7 weeks. When looking at these numbers, keep this in mind: 1.       These are an average of the all price ranges in the area. Some price ranges are definitely moving faster than others!...

The median price for residential homes in King County continues to hold steady!  In spite of “supply vs. demand” that favors a buyer in most areas and price ranges, the median price has shown modest gains this year.  Here is a break down month by month: Month 2008 – Year to date 2007 – Year to...

My usual statistics are unavailable this week, so we are going to look at something different. As in the past... I will use the great information from Trendgraphix. We are going to chart the Seattle Metro Residential market since February 2007. Here is the trend for homes over the last year. This first chart shows how the inventory has climbed steadily since last year and sales have...

Eastside & Seattle Market Absorption RatesBy: Tony MeierEastside & Seattle Realtor   This week's update is coming to you on Tuesday, due to the Memorial Day holiday. I was busy playing with my kids! :-)  This week we will be looking at the Condo market absorption rates for the Eastside over the last 7 weeks. When looking at these numbers, keep this in...

Eastside & Seattle Market Absorption Rates By: Tony Meier Eastside & Seattle Realtor This week we will be looking at the Residential market absorption rates for the Eastside over the last 7 weeks. When looking at these numbers, keep in this in mind: 1.       These are an average of the all price ranges in the area. Some price ranges are definitely moving faster than others!...

Eastside & Seattle Market Absorption RatesBy: Tony MeierEastside & Seattle Realtor This week we will be looking at the Residential market absorption rates for the Seattle Area over the last 7 weeks. It appears that Seattle is back on the mend with many of the numbers returning to a balanced market. In fact, some areas and price ranges are clearly favoring the seller! When looking at these...

My usual stattistics are unavailable this week, so we are going to look at something different. Thanks to the great information from Trendgraphix, which we subscribe to, we are going to chart the condo market since January 2007. Here is the trend for condos over the last year. This first chart shows how the inventory has climbed steeply since last year and sales have fallen. We  had as much as 64% of...

Eastside & Seattle Market Absorption Rates By: Tony Meier Eastside & Seattle Realtor This week we will be looking at the Residential market absorption rates for the Eastside over the last 7 weeks. When looking at these numbers, keep in this in mind: 1.       These are an average of the all price ranges in the area. Some price ranges are definitely moving faster than others!...

Eastside & Seattle Market Absorption Rates By: Tony Meier Eastside & Seattle Realtor   This week we will be looking at the Condo market absorption rates for the Seattle Area over the last 7 weeks. When looking at these numbers, keep this in mind: 1.       These are an average of the all price ranges in the area. Some price ranges are definitely moving faster than...

Eastside & Seattle Market Absorption RatesBy: Tony MeierEastside & Seattle Realtor This week we will be looking at the Residential market absorption rates for the Seattle Area over the last 7 weeks. It appears that Seattle is back on the mend with many of the numbers returning to a balanced market. In fact, some areas and price ranges are clearly favoring the seller! When looking at these numbers,...

News from NW Multiple Listing ServiceFOR IMMEDIATE RELEASE: April 4, 2008 Northwest MLS Brokers Report Stable Prices, “Great Opportunities” for First-time Buyers KIRKLAND, Wash. (April 4, 2008) – Stable housing prices and strong real estate fundamentals are creating an attractive market for buyers, according to officials from the Northwest Multiple Listing Service. Commenting on just-released...

Eastside & Seattle Market Absorption Rates By: Tony Meier Eastside & Seattle Realtor   This week we will be looking at the Condo market absorption rates for the Eastside over the last 7 weeks. When looking at these numbers, keep this in mind: 1.       These are an average of the all price ranges in the area. Some price ranges are definitely moving faster than others!...

Eastside & Seattle Market Absorption Rates By: Tony Meier Eastside & Seattle Realtor This week we will be looking at the Residential market absorption rates for the Eastside over the last 7 weeks. When looking at these numbers, keep in this in mind: 1.       These are an average of the all price ranges in the area. Some price ranges are definitely moving faster than others!...

Eastside & Seattle Market Absorption RatesBy: Tony MeierEastside & Seattle Realtor This week we will be looking at the Condo market absorption rates for the Seattle Area over the last 7 weeks. When looking at these numbers, keep this in mind: 1.       These are an average of the all price ranges in the area. Some price ranges are definitely moving faster than others! If you...

Eastside & Seattle Market Absorption RatesBy: Tony MeierEastside & Seattle Realtor This week we will be looking at the Residential market absorption rates for the Seattle Area over the last 7 weeks. It appears that Seattle is back on the mend with many of the numbers returning to a balanced market. In fact, some areas and price ranges are clearly favoring the seller! When looking at these...

Eastside & Seattle Market Absorption Rates By: Tony Meier Eastside & Seattle Realtor This week we will be looking at the Residential market absorption rates for the Eastside over the last 7 weeks. When looking at these numbers, keep the following in mind: 1.       These are an average of the all price ranges in the area. Some price ranges are definitely moving faster than...

NWMLS Press ReleasePosted By: Tony Meier KIRKLAND , Wash. (Oct. 5, 2007) – With Halloween on the horizon, should buyers be spooked about the local housing market? Not according to the latest figures from Northwest Multiple Listing Service and reactions from some brokers who believe now is an ideal time to be making offers. Trying to time the market is “a fool’s game,” remarked one MLS director....

It seems like a daily occurrence... another article talking about the housing market. Today's headline in the Seattle Times Business Section reads... "Seattle market spared the home-price plunge". Click here to read it. The article goes on to describe that the Standard & Poor's index for the national housing market has dropped 3.2 for the second quarter of 2007 as compared to 2006. During the...

By: Tony MeierEastside Realtor I was reading the front page of the Seattle Times today. The article was titled "Scales tip in favor of the home buyers".  See it here...   While this may be true in some areas. One thing is for sure it is not true in all!  When looking at each individual area in the Puget Sound Region you will find areas and price ranges that are hotter than...

The following is a press release for NWMLS on July 5th, 2007 KIRKLAND, Wash. (July 5, 2007) - With inventory at an all-time high in the Northwest Multiple Listing Service system, buyers are becoming more selective and sellers are receiving fewer multiple offers, according to MLS officials. Condominiums remain a bright spot, they noted. Mid-year figures show the volume of pending sales of single family...

Redmond Real Estate Housing Statistics - 6/06/2007By: Tony Meier - Eastside RealtorThe market has firmed up slightly this week.  With the total volume averaging 14.11 weeks of inventory (which is down again from last week) the market remain robust.  The hotest range is still $400,000 to $499,999 and the coolest part of the market is $1,750,000 to $2,249,999 which has shown no sales in the last 7...

Hot off the press! Northwest MLS Releases Market Statistics for May 2007Posted by: Tony Meier - Eastside Realtor  Western Washington Housing Market Continues Trend of Expanding Inventory, Fewer Sales, Rising Prices KIRKLAND, Wash. (June 6, 2007) - Fewer home sales, more choices and higher prices were the themes again in May, according to new statistics from Northwest Multiple Listing Service. ...

Redmond Real Estate Housing Statistics - 5/30/2007By: Tony Meier - Eastside RealtorAnother strong week for Redmond Home Sales.  With the total volume averaging 14.9 weeks (which is down from last week) the market remain robust.  The hotest range is $400,000 to $499,999 and the coolest part of the market is $1,750,000 to $2,249,999 which has shown no sales in the last 7 weeks. When looking at...

Redmond Real Estate Housing Statistics - 5/23/2007By: Tony Meier - Eastside RealtorAnother strong week for Redmond Home Sales.  With the total volume averaging 16.14 weeks, the market remains seller favored with the sellers in firm control under $800,000. When looking at the spreadsheet keep this in mind...  The following is generally accepted as to the state of the market - 1. Less than 18...

By: Tony MeierEastside Realtor There is much talk about Zillow and the accuracy of their Zestimate valuations.  Their site has caught the attention of many who want to know what their friend, boss, co-worker or neighbor's home is worth.  Unfortunately, there valuation model is not very accurate.  To Zillow's credit, they say "Our data shows that the majority of our Zestimate home...

Redmond Real Estate Housing Statistics - 5/16/2007By: Tony Meier - Redmond RealtorAnother strong week for Redmond Home Sales. We are still seeing inventory build which is customary as we move into the summer months.  I have enhanced the spreadsheet this week with 2 digits after the decimal point. This will more accurately reflect the price ranges with few sales, like the upper end, When looking at the...