Realty Times - Seattle, Washington Real Estate Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

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Georgetown - Phinney Ridge - Seattle - Central Area - Seattle - Downtown - Seattle - Leschi - Seattle - Metro - Seattle - North - South Park - Seattle - South

Market Conditions Summary for Seattle, Washington

Reported by

Steve Stockman
as of 1/15/2012:

WELCOME TO SEATTLE! Currently Seattle is experiencing a buyer's market with prices trending downwards. The number of Short Sales on the market are increasing and offer home buyers additional opportunities to get great deals! View all of today's... MORE->
About Steve Stockman

Reported by

Gary Peterson
as of 1/13/2012:

January 11, 2012 - "Healthy Marketplaces" Emerging With Shrinking Inventory And Favorable Financing: Home sales finished the year much stronger than they started. Pending sales for the fourth quarter outgained the first quarter by more than 3,000... MORE->
About Gary Peterson

Reported by

Tom Luehmann
as of 12/15/2011:

SEATTLE MARKET REVIEW--NOVEMBER 2011 FOR SALE. 1638 NEW LISTINGS. 530 PENDING. 425 SOLD. 399 AVERAGE SOLD V. ORIGINAL PRICE - 91%AVERAGE DAYS ON MARKET - 79 MEDIAN SALES PRICE - $350,000 FROM LAST MONTH. FOR... MORE->

Reported by
Pamela Bellah -Realtor
as of 1/29/2011:

With rates at 4.8% for a 30 year fixed(up from 4.6% 2 weeks ago) IT IS TIME for Buyers to pop off their "fence" (so to speak). Interest rates have trended upward recently, giving buyers less options-Credit score requirements (B of A/ Wells Fargo)... MORE->

Reported by
Khai Nguyen
as of 5/8/2010:

There are a lot of short sale and foreclosures in Seattle. It is a very good time to own a home for the first time home buyers and for the investors.The price of home and the mortgage rate are... MORE->

Reported by
Rob Graham
as of 4/19/2010:

I really think things are flat at the moment. Bargain homes are moving quick, but the market is about to change. The government is going to cease creating a secondary market for mortgage securities, interest rates should start to rise, the tax... MORE->

Reported by
Lacey Lingenfelter
as of 3/18/2010:

The current Seattle real estate market offers buyers a lot of options. My clients looking to buy new homes are getting their dream homes for about 50% less than what it would have cost them just several years ago. My clients who are... MORE->

Average Current Market Rating: 2.1 (7 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 2.3 (7 ratings)

1	2	3	4	5
Falling			Rising

Navigate: Top > Washington > Seattle
Georgetown - Phinney Ridge - Seattle - Central Area - Seattle - Downtown - Seattle - Leschi - Seattle - Metro - Seattle - North - South Park - Seattle - South

Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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Mortgage Rates
30 Year Fixed: 3.87%
15 Year Fixed: 3.16%
1 Year Adj: 2.78%
(U.S. Weekly Averages)

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