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For buyers, you may want to link to newlistings that fit their must-haves. Is a new restaurant coming to town? How about that pest control service you used for your clients termite inspection? You can do the same with your social media channels. Be the first to let everyone in your network know about it.
The number of newlistings of all home types (single-family, townhome and condo) in King County climbed 6.4% (1866 units) from January to February, as expected, and total inventory at the start of March (2064) was 111% higher than a year ago. 1-story, mid-century modern home with basement. List: $4,880,098 ($1258/sq.
By Peter Christensen Excerpts: Should “property data collectors” who inspect properties and provide information to real estate appraisers be licensed by state appraiser boards? Other sources of housing data are showing increases in newlistings, which is a real positive for the spring buying season given the lack of for-sale inventory.”
Yes, pockets of King County may experience new home listings lasting for weeks rather than days, fewer offers on homes, bids at or even below the asking price and more of them with contingencies for home inspections and other conditions. List price: $3.495M ($782/sq. And what a thoughtful listing video.
The market recalibration continues across King County with a sharp drop in newlistings, Pending sales and closings while prices decline. The number of new homes for sale fell 19% (4009) across the county from June to July and 9.5% Inventories are on the rise, so much so that one area is now considered a buyer’s market.
The reason, beyond the seasonal spring burst of newlistings, may be tied to a recent legal settlement between Insignia’s Homeowners Association and Bosa Development Washington on a litany of building defect claims. With the settlement, a wave of newlistings hit the market in the past several weeks.
Just when signs were looking up for an increase in newlistings and more inventory, the tap was moved back to near shut. The steady stream turned to a trickle, as the number of new and end-of-August active listings declined in the double-digits from just one month earlier. Active listings as of Sept.
The spring season is nearly over and the number of listings hitting the market has already started to decline, a few weeks earlier than most years. The average King County single-family listing sold in May 9.5% months’ inventory (or 17 days of supply if not replenished with newlistings), and only 0.4 months (from 0.7)
Some highlights from the Northwest Multiple Listing Service (through July): The combined number of condo, townhome and single-family homes on the market as of Aug. However, we are miles from a balanced market, with King County total active listings still 31% fewer than this time last year. There are modern touches wherever you look.
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