Local Market Update December 2015

From our Windermere Blog spot: Seattle Spaces and Places –

The traditional seasonal slowdown is taking a break this year. Activity in November was brisk, and home prices continued to climb. Driving the surge in prices is the lowest inventory of homes in more than a decade. The result is a holiday gift for sellers – with limited choices, multiple offers are common. Now is the ideal time to get top dollar for your home.

Seattle        Click image to view full report.

Click image to view full report.

Seattle is being supplied with a steady influx of well-paid technology workers who can afford the premium price of homes here. Their pressure on an ever-dwindling supply of homes continues to drive prices upward. With inventory at its lowest in over 15 years, prices have soared. The median price of a home in Seattle jumped 20 percent to $598,000, the highest so far in 2015.

Posted on January 5, 2016 at 9:48 pm
Robert Johnson | Category: Market Info

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