Seattle’s 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...

More news that the Western Washington Real Estate Market has changed!

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...

Monday’s Market Update – Seattle Area Condo

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...

Monday’s Market Update – Seattle Area 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. 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 – Seattle Condos

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!...

Monday’s Market Update – Seattle Residential

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...

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 – Seattle 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 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...

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 numbers,...

Monday’s Market Update – Seattle Condos

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...