Seattle Real Estate Market Update | May 2021
Here are my latest thoughts on the Seattle Real Estate Market:
In this Seattle Real Estate Market Update, I share a client story, Seattle housing market stats from March 2021, and current applications for buyers and sellers. Seattle real estate markets continues to break its record-high median sales price for April! For example, there were 1,283 new Seattle listings on the market in April. That is more listings in a single month than we have seen in the past decade! However, with homes pending an average of 6 days the market, Seattle and surrounding areas continue to sit again with low housing inventory. This makes it that much more important for buyers to act fast, have a good real estate agent, and be ready to make an aggressive offer in order to be competitive.
- Freddie Mac Mortgage Rates
- Why Housing Inventory Remains Low In Seattle
- Last month’s market update – Seattle Real Estate Market Update April 2021