Seattle Real Estate News

May 21, 2013

Mercer Island Home Sales Up 24% As Real Estate Inventory Recovers

Home sales in Mercer Island have been increasing over the past two years, and the year-to-date totals are showing a strengthening trend for 2013.  So far this year we've seen 113 homes sold in Mercer Island, up from 91 sales at the same time last year.

That 24.2 ...

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May 20, 2013

Redmond Real Estate: Active Homes Fall to 1.3 Mo Inventory, Sales Up 25%

Redmond's real estate inventory continues to fall, as the number of homes available for sale dwindles with the faster pace of home sales.  Inventory of available homes for sale in April dropped to just 1.3 months.

Redmond Active Real Estate Listings vs. Sold Homes, Monthly

Redmond real estate listings

A balanced real ...

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May 17, 2013

Kirkland Real Estate Sales Devouring Active Listing Inventory of Homes For Sale

Home sales in Kirkland are continuing to outpace past years, as the number of sold homes are nearly reaching the number of active listing each month.  This trend of decreasing real estate inventory has reached a critical point in Kirkland, where home sellers are often able to sell within one ...

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May 16, 2013

Bellevue Pending Real Estate Sales Hit 5-Yr High

Pending sales of homes in Bellevue hit a five year high in April, creating a scenario where we're likely to see record-breaking real estate sales throughout 2013.  Bellevue had 233 house and condo listings go under contract during the month of April, up from 184 in the previous month ...

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May 15, 2013

Pending Seattle Real Estate Sales Rise 10.7%: Low Inventory Can't Squelch Buyer Demand

The relative lack of homes available for sale in the market in Seattle at any given time has not been able to quench home buyers' thirst to purchase a house.  While we're sitting at around 1.5 months of inventory right now, the lowest we've seen in years ...

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May 13, 2013

America's Most Bike-Friendly Cities: Seattle #7

The folks at Walkscore are always dreaming up a new way to measure pedestrian friendliness in cities across the country.  Their latest effort is measuring a city's bike friendlienss, with a Bike Score.

The scoring system is based on the prevalence of bike lanes, hills, commute options, and the ...

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May 11, 2013

Bellevue Real Estate Sales Nearly Swallow The Market

During fast-paced changes in a real estate market, we get to see statistics that look a bit strange sometimes.  The speed with which Bellevue homes are being sold this year has created some numbers that we haven't seen in a long time.

Homes are selling at a breakneck pace ...

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May 10, 2013

Seattle's Monthly Real Estate Sales Are Creeping Up on Active Listings

It has been interesting to watch the number of active listings in the Seattle real estate market dwindle over the past couple of years.  We've talked a lot about what having only 1 or 2 month's inventory means for home buyers.  Though there are plenty of new listings ...

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May 7, 2013

Bellevue Homes: Plenty of New Listings, Short Time on Market

While many potential home buyers in Bellevue are feeling the squeeze of the fast-moving real estate market, it should be noted that there are plenty of new listings coming on the market every week.  In fact, there are just as many new listings this month as there were a year ...

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May 6, 2013

No Homes For Sale in Seattle? New Listings Equal 2012, 2011 Totals

Home buyers who are searching for a house or condo in Seattle often lament "There's nothing for sale."  It's a statement repeated by many agents as well.  Frankly, most of the reports we write about the scarcity of inventory exacerbate the notion that no new listings are coming ...

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