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December 2, 2008
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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.


Market Conditions Summary for Seattle, Washington


Reported by

Jirius Isaac
as of 11/26/2008:
Prices are down about 16.90% from this time last year, mostly because there are more buyers then sellers. Sales are actually down about 11.5% from last year. And with interest rates at 6.5%, I would expect this trend to continue. Prices are still ½... MORE->
About Jirius Isaac

Reported by

Jan Snook.com
as of 11/18/2008:
Housing Activity in Western Washington during October Described as "Disappointing, but Not Unexpected" For a custom report for your neighborhood or neighborhood you are interested in up-to-the minute Active and Sold MLS data with key... MORE->
About Jan Snook.com

Reported by

Knowles Team / Sheryl Knowles
as of 11/4/2008:
The urban condo market remains strong! Existing inventory continue to sell but a slower pace than previously. New inventory is being added and demand is keeping pace. Seattle is such a diverse city its occupants can choose urban living as well as... MORE->
About Knowles Team / Sheryl Knowles

Reported by

Ricklie Stone
as of 11/1/2008:
Seattle's home values are among the hottest in the United States and unlike much of the rest of the country, home values are still appreciating. Economists are predicting that home prices will not drop significantly here even though housing-market... MORE->
About Ricklie Stone

Reported by

Jim Olney
as of 10/28/2008:
North Seattle... Curiously, I've noticed a surprising number of sold signs over the past couple weeks in Phinney Ridge neighborhood. This in spite of stagnant inventory (1,894 active North Seattle listings!). The average house (3 bedrooms)... MORE->
About Jim Olney

Reported by
Aaron Janus
as of 10/3/2008:
The following is a snapshot of what is happening today in the Seattle real estate marketplace. ... MORE->
About Aaron Janus

Reported by

Rebecca Reba Haas
as of 9/17/2008:
Some sellers have been reluctant to make changes in pricing or to prepare their home to the condition it needs for selling, but more and more people today are realizing that the Seattle marketplace has been affected by factors even outside of its... MORE->
About Rebecca Reba Haas


Average Current Market Rating: 1.9    (7 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 2.3    (7 ratings)




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Falling

Rising

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


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: 5.97%
15 Year Fixed: 5.74%
1 Year Adj: 5.18%
(U.S. Weekly Averages)

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