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.
Read MoreEvery year we experience seasonal cycles that influence the Real Estate Market. This is evidenced by the number of homes that sell above their list price.
Read More2023 has been a gravity-defying year. With interest rates at their highest levels in over 20 years, one would expect a housing market crash. Instead, due to low inventory and a resilient economy, turn-key homes priced right continued to sell fast and for top dollar.
Read MoreFrost arrived on our roof this morning signaling a seasonal change that usually indicates a cooling of the housing market. Despite the weather, there are positive tailwinds keeping the housing market quite warm.
Read MoreThe 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.
Read MoreTeam Skally Says Mortgage Rates Are Coming Down!
Read MoreWe've been sharing with our insiders that now can actually be a good time to buy. And we know that's super hard to believe!
Read MoreTeam Skally Reports It's All About Supply & Demand. In other words…
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