Will Springer Realtor

FEBRUARY 13, 2024

Annual sales across King County totaled 21,515 homes – down an incredible 24% from the year before and the fewest since 2010 (20,761). We know buyers are eager to purchase properties, as 39% more homes went under contract in January (1719 units) compared with the previous – admittedly quiet – month. fewer (1842) than on Jan.

New Listings 55

New Listings Buyers Inventory Lending 55

Will Springer Realtor

AUGUST 15, 2023

The season has been shaped by slumping new listings, a slowly climbing number of homes sitting on the market from previous months, fewer closed sales compared to last year and prices moving plus/minus five percentage points year-on-year (YoY). monthly decline in available Seattle listings (793). The county saw a 4.9% drop (542).

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Sellers Buyers New Listings Inventory 61

Will Springer Realtor

SEPTEMBER 12, 2023

fewer new listings, the rate of sales rose 1.7% Two data points stood out from the latest report by the Northwest Multiple Listing Service: The aforementioned new listings for all homes in the county – 2684 – is at a low not seen for an August since records were shared with brokers (like me) dating back to the mid-1990s.

Finance 68

Finance Inventory Construction Buyers 68

Will Springer Realtor

DECEMBER 12, 2023

The Eastside led the way with a 33% drop-off in new listings (420) and Seattle fell 31% (586). By comparison, there were exactly 2900 new listings across our county in November 20 years ago. King County’s 1474 monthly home sales is the lowest for any November since 2010 (1331) – in the middle of the housing crisis.

Housing Market 43

Housing Market Marketing New Listings Buyers 43

Will Springer Realtor

OCTOBER 10, 2023

First a look at September’s numbers: A wave of last-chance listings for the year hit the market after Labor Day. That increased new listings by 7.5% (2884) and available homes on the market by 12% (3602) between Sept. Seattle alone saw a 29% (1213) monthly increase in new listings. 1 and Oct. on the year.

Buyers 65

Buyers Inventory Sellers Housing Market 65

Lamacchia Realty

JANUARY 29, 2025

This report breaks down sales, average prices, the number of active listings, and how many listings went under contract for 2024 compared to 2023 and discusses what is predicted to unfold in 2024. The number of homes listed increased by 2.9% The number of homes placed under contract (pending) decreased by 1.1%

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Inventory Buyers Real Estate Sellers 37

Will Springer Realtor

DECEMBER 19, 2023

The region’s real estate scene in 2023 will be remembered for rising home prices and scant new listings. As the year dims, all eyes fixate on 2024’s potential: a hopeful dance fueled by dreams of lower rates and a wave of new homes for sale. Buyers and sellers tiptoed through caution. Um, bye-bye! The number of U.S.

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Will Springer Realtor

MAY 9, 2022

. >> The Puget Sound region suffered from a severe lack of new construction in the decade ending in 2020, according to U.S. Kitsap County had the fewest number of units built per household formed between 2010 and 2020 (0.55). List price: $3.495M ($782/sq. UPDATE: This home is now under contract, pending inspection.

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Architecture Design Buyers Construction 36

Will Springer Realtor

OCTOBER 11, 2022

Waller went on to say this adjustment is in no way like the horrific housing/financial crises of 2007-2010. Counties in and near Chicago and New York City were seen as the most vulnerable to today’s economic headwinds. The number of new listings in the previous month and remaining on the market as of Oct.

Housing Market 36

Housing Market Marketing Real Estate Buyers 36

Will Springer Realtor

OCTOBER 11, 2023

That median figure is the smallest measure for a home since 2010 and marks a reversal after a brief increase during the post-Covid building boom. >> First a look at September’s numbers: A wave of last-chance listings for the year hit the market after Labor Day. Seattle alone saw a 29% (1213) monthly increase in new listings.

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Law Development Design Government 36

Will Springer Realtor

FEBRUARY 9, 2022

between 2010 and 2020 to edge out Denver (22.9%) and Portland, Ore.-Vancouver, For example, Seattle enjoyed a 125% month-to-month surge in new listings in January (308) but experienced a 15% decline in active listings on Feb. . >> Seattle metro experienced the greatest inflationary pressure than any major U.S.

Buyers 36

Buyers Inventory Law Development 36

Will Springer Realtor

MAY 12, 2021

The narrow area known as Westlake, just west of Lake Union (and, notably, close to Facebook, Google and Amazon offices), has seen the number of people aged 25-34 double from 2010 to 2019 and now comprise 52% of its residents. Update: The home is now under contract after 18 days on the market. There is so much to love.

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

JUNE 9, 2021

Memories of the Great Recession still linger for anyone linked to the real estate industry – including the estimated seven million households that lost their homes to foreclosures around 2008-2010. One-tenth surveyed said they have added language to contracts that require buyers to share in the materials costs if they continue to rise.

Housing Market 36

Housing Market Marketing Inventory New Listings 36

Will Springer Realtor

JUNE 8, 2022

The rate today is the same as in the late 1960s, except during the housing bubble of 2008-2010 when ownership rose – and we know how that ended up! After a continued rise in sales activity through March, the number of Seattle listings under contract and new listings have eased. month to month (436) and 6.1%

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Design Construction Development Property Taxes 36

Housing Wire

NOVEMBER 2, 2024

Pending contracts First, we must realize that we are working with the third calendar year of the lowest home sales ever recorded, once you adjust that number to the workforce. New listings data had a slight increase this week from 60,066 to 60,819. To this date, these principles still apply.

Inventory 516

Inventory New Listings Mortgage Contracts 516

Housing Wire

MARCH 24, 2025

The weekly new listings count is finally getting back closer to the old normal pre-pandemic levels and the number of available homes on the market is the highest its been in many years. Weekly pending home sales There were nearly 69,000 new contracts started for single-family homes. more new listings than a week ago.

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New Listings Inventory Sellers Housing Market 310