Area Market UpdatesMy Thoughts February 2, 2022

Inventory is Extremely Low

The single family & condominium market in King County is extremely tight.  As of today, there are 728 properties for sale in all of the county.  Median listing price is $830,000.  For Seattle, just 403 listings, median of $780,000. In Kirkland, there are just 18 (!) homes available for sale, with a median listing price of $2,300,000.  Homes are selling with multiple offers, over full price and usually on the stated review date.

If you have been thinking of selling, this might be the time!

For details in your neighborhood or an area of particular interest, please contact Betsy.