Products You May Like
The Seattle real estate market median sales price has leveled off in the past few months but still remains record-high. In November, we saw considerably more homes come on the market than usual for this time of year, but it was still almost half the amount that came on the market from the month before. This looks like a backlog of homes selling that would usually sell during the springtime in a normal year. Pending and closed sales have increased as well and are even higher than in the springtimes of 2018 and 2019! Overall, inventory remains low at a little over one month of supply. Typically homes sell below the asking price this time of year, but this year homes are selling above the asking price.
Applications are that inventory is super low and there isn’t enough supply for the current demand of buyers. For sellers, it seems there has never been a better time to sell with so many buyers and high sales prices. For buyers, interest rates continue to remain low and fuel the market.
Freddie Mac Mortgage Rates – http://www.freddiemac.com/pmms/
Thinking about buying or selling a home in Seattle soon? Please don’t hesitate to reach out! People like you regularly contact me about their real estate goals after discovering me on YouTube. I’d love to bring value to your home buying or selling experience too!
Here are a few reviews from people who discovered me on YouTube:
Aswin & Aisha – https://youtu.be/OaRYt009uQk
Kit and Taryn – https://youtu.be/IXqMn_1ZKGw
Jaimin & Riddhi – https://youtu.be/TPCfSp89pXk
Contact Zach:
call/text: (425) 343-3661
email: zach@mcdonaldresidential.com
You can learn more about me at the links below:
Website – http://www.mcdonaldresidential.com/
Zillow – http://www.zillow.com/profile/mcdonaldresidential/
Facebook – https://www.facebook.com/mcdonaldresidential/
Twitter – https://twitter.com/zachseattle
Instagram – https://www.instagram.com/mcdonaldresidential/
Google – https://goo.gl/maps/NvgkqngqvZKG8ZrB6
Other links you might be interested in:
November 2020 Seattle Real Estate Market Update (last month) – https://youtu.be/EuCcJwN7lbQ
All Seattle Real Estate Market Updates – https://www.youtube.com/playlist?list=PLTMlhmKUEjtPdxF981uLQ0Oo-zLsoCdMZ
5 Tips for Purchasing Your Home in 2021 – https://youtu.be/KVgyOWaBXC0
Seattle Ranks #13 Best Place to Live in the US – https://youtu.be/E3irCPTmLp0
Buying a House in a Competitive Real Estate Market – https://youtu.be/8rzid7DxJKU
Video created by www.freestyleproduction.com