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Home > Market Update > Page 3

Market Update

May marked a month of new records for some Northwest MLS market indicators

KIRKLAND, Washington (June 7, 2021) - May was a month of record-setting highs and lows for some key housing market indicators tracked by Northwest Multiple Listing Service. Northwest MLS director Robb Wasser, branch manager at Windermere Real Estate/East in Bellevue, Continue Reading

Brokers detect good news for home buyers, citing gains in listings and moderating prices

KIRKLAND, Washington (May 5, 2021) - Finally, some good news for home buyers! Sizeable increases in new listings compared to a year ago and reports of moderating prices "might mean we are seeing some relief for buyers," suggested John Deely, a board member at Northwest Continue Reading

Housing market stays hot despite some “lousy” February weather

KIRKLAND, Washington (March 4, 2021) – Housing activity during February remained hot around much of Washington state despite significant accumulation of lowland snow over the Valentine’s Day weekend, according to latest statistical report from the Northwest Multiple Listing Continue Reading

Pandemic presents new option for home buyers as market “kept foot firmly on the accelerator”

KIRKLAND, Washington (February 4, 2021) – Home buyers who have been precluded from entering Puget Sound’s competitive market may want to consider condominiums as an option, according to industry experts who commented on the latest housing statistics from Northwest Multiple Continue Reading

“Extraordinary market conditions” sustain strong home sales around Washington state during holidays

KIRKLAND, Washington (January 6, 2021) – “Insatiable buyer demand” is keeping inventory scarce as house hunters try to outmaneuver and outbid each other, according to reports from Northwest Multiple Listing Service (NWMLS). Its statistical summary for December showed strong Continue Reading

Northwest MLS brokers say real estate activity across Washington remains strong

KIRKLAND, Washington (December 7, 2020) – Some real estate brokers expect the competition for homes to ease somewhat over the holidays, but the latest statistics from Northwest Multiple Listing Service indicate activity is unusually strong heading into December. “The rush Continue Reading

Anxiety among home buyers “incredibly high” as they vie for unpreceded shortage of homes across much of Washington state

KIRKLAND, Washington (November 5, 2020) – “Finding and buying a home today is more difficult than at any time in the past 40 years of my career,” was how broker Dick Beeson summed up the latest statistics from Northwest Multiple Listing Service. The Northwest MLS report Continue Reading

Northwest MLS brokers say September’s home sales reached highest level since June 2018

KIRKLAND, Washington (October 7, 2020) – Northwest Multiple Listing Service brokers completed 10,175 sales transactions during September – the highest monthly volume since June 2018 when MLS members reported 10,072 closed sales. September’s closings also marked a jump of Continue Reading

Would-be homebuyers have more buying power, but also more competition for meager inventory

KIRKLAND, Washington (September 4, 2020) – Extremely low interest rates mean would-be home buyers have more buying power, but sparse inventory and increasing home prices in many parts of Washington state are leaving many buyers unable to take advantage of these attractive Continue Reading

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