Seattle’s Eastside Market Absorption Rates

March 2014 Real Estate Market Update – Northwest MLS brokers report mixed results for March, but suggest “only lack of inventory is holding back sales”

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...

NWMLS Report: Broker says Western Washington housing market “definitely in full recovery mode”

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...

Northwest Multiple Listing Service Annual Report – Recap of 2013 – A strong year for Real Estate!

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...

Monday’s Market Update – Eastside Residential

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...

Monday’s Market Update – Eastside Condos

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...

Monday’s Market – Eastside Condos

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...

Market Update – Eastside Residential

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...

Monday’s Market Update – Eastside Condos

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...

Monday’s Market Update – Eastside Condos

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...

Monday’s Market Update – Eastside Residential

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!...

Monday’s Market Update – Eastside Condos

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!...

Monday’s Market Update – Eastside Residential

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!...

Monday’s Market Update – Seattle Residential

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...

Monday’s Market Update – Eastside Condos

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! If you...

Monday’s Market Update – Eastside Residential

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...