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You are here: Home / Archives for Market Update

Market Update

Early Spring Brings Bumper Crop of Homebuyers Who Face Inventory Drought

KIRKLAND, Washington (March 5, 2015) - Favorable weather and restored confidence are propelling home buying activity around Western Washington to the highest level in nearly a decade, according to Northwest Multiple Listing Service sources. "The pent-up demand being Continue Reading

Spring market “not waiting for tulips” but limited inventory frustrates homebuyers

Home sales this super bowl season outpaced a year ago as sidelined buyers emerged to compete for limited inventory, according to brokers who commented on January activity. New figures from Northwest Multiple Listing Service show year-over-year increases in pending sales, Continue Reading

Local real estate leader calls December “One of best on record”

KIRKLAND, Washington (Jan. 6, 2015) - Real estate brokers around Western Washington reported a strong finish to 2014. December's sales outpaced the same month a year ago by double digits, according to new figures from Northwest Multiple Listing Service. "December was one of Continue Reading

Real estate brokers say showings, offers “still going strong” despite “seasonally adjusted” inventory

KIRKLAND, Washington (Dec. 4, 2014) - Buyer interest remains high and many good values exist for those whose holiday wish list includes a new home, according to brokers with Northwest Multiple Listing Service. A new report from the MLS summarizing November activity shows Continue Reading

Brokers Say Home Buyers are Back, but They’re Choosy

NWMLS KIRKLAND, Washington (Nov. 5, 2014) - Home buyers are back, and they're savvy and selective, according to officials who commented on the latest statistics from Northwest Multiple Listing Service. For sellers, that means pricing a home correctly at the start is vital, Continue Reading

Home sales stay strong, but prices approaching “affordability ceiling” for some buyers

KIRKLAND, WA - Oct. 6, 2014 – Pending sales of homes around Western Washington surged more than 13 percent in September compared to a year ago, and listing activity picked up slightly, fueling both broker optimism and words of advice for sellers. Along with increases in the Continue Reading

Western Washington housing market stability continues with modest gains in sales, prices

KIRKLAND, Washington (Sept. 4, 2014) – “Stability” seemed to characterize the direction of Western Washington’s housing market during August, according to new figures from Northwest Multiple Listing Service. Both the volume of sales and prices rose slightly from a year ago, Continue Reading

Western Washington housing market in “recovery mode” but some brokers say it’s still not at full potential

NWMLS, KIRKLAND, WA (Aug 6, 2014) – More sellers listed their homes for sale during July compared to a year ago, but brokers with Northwest Multiple Listing Service say inventory remains “well below” what is considered to be a balanced market. Last month’s pending sales rose Continue Reading

No summer slowdown expected as brokers report brisk activity

NWMLS, KIRKLAND, WA, July 3, 2014 – Listing activity perked up during June, but strong job growth in the Seattle/King County region has brokers predicting brisk sales with competitive bidding throughout the summer. Figures just released by Northwest Multiple Listing Continue Reading

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