Posts tagged eastside market
Team Skally | 2025 Market Predictions

Oftentimes, past performance is a predictor of future behavior. The year following 9 of the last 11 presidential elections brought a robust real estate market. With continued constrained inventory, demand expected to increase due to a resilient local economy, and moderating interest rates, we expect the median sold price to continue to appreciate.

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Team Skally | Market Update

While listings increased 17% over last year, persistent demand outpaced inventory. There was just 1.1 months of inventory on average throughout 2024, down 14% versus last year. The lack of inventory and moderating interest rates led to the median sold price on the Eastside being up to $1.59M or +12% vs. last year.

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Team Skally | Market Update

The Real Estate market often experiences seasonal shifts. For example, as we head into Fall the housing market tends to cool with the weather. Despite this traditionally seasonal cooling and also the highest interest rates in over 20 years, the Market still remains relatively strong for sellers.

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January 2022 Market Update for Seattle's Eastside

HOT is an Understatement…THIS MARKET IS ON 🔥!

The Eastside median sold price is now over $1.5M, up 32% over last year!

If you’re even a little bit curious about what your home would sell for in this ONCE IN A LIFETIME SELLERS MARKET, we’d be happy to perform a market analysis for you.

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