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King County Real Estate Trends, Presented by John Fiala Windermere
This information looks at the Active Listings for residential home and the Pending (under contract) residential homes for King County from 2010 to 2013. If you look at the purple lines for 2013, you will notice that the Active Listings are down and the homes Pending are up. We are starting to see more inventory on the market but there is still a high demand from Buyers.
Madrona Living, Home for Sale in Seattle. Presented by John Fiala
1530 31st Ave Seattle, WA 98122 Madrona Present by John Fiala
Madrona living with a perfect blend of character and modern design. Open floor plan concept, updates, views, and a convenient location make the home a treasure. This home features 4 bedrooms, 1.75 baths, attached garage, and finished basement. Updated features include remodeled kitchen and bathrooms, jetted tub, double pane windows, and siding. Retreat and relax in the large backyard that features a patio, covered porch, and storage. Located near Madison Park & Capitol Hill. Easy freeway access.
Home for Sale, Bellevue WA, Lake Hills, 4 bedrooms, Amazing Remodel presented by John Fiala
Stunning remodel in Lake Hills Bellevue. This home features 4 bedrooms, 2,020 sqft, 1.75 baths, office, living room & bonus room. Ready for these new features; roof, Milgard double pane windows, exterior & interior paint, kitchen cabinets, SS appliances, granite slab countertops, remodeled bathrooms, furnace, hot water tank, doors, carpet, molding, fixtures & refinished oak hardwood floors. Large backyard & entertaining sized patio. Conveniently located to Bellevue, Microsoft, I-90 & I-405.
Presented by John Fiala
Seattle and Eastside homes under contract for the week of 9-3-12, presented by John Fiala
This information looks at the Active Listings versus Pending Sales for residential home for the week of September 3rd, 2012. This data shows the city and price range of the homes that have gone under contract in the last seven days compared to the active listings. North Seattle had the largest percent go under contract with 14% for the week. In Redmond, there were no homes that went under contract over $900,000 for the week and Bellevue was very active in the $350,000 to $399,999 range for Sellers. The chart below has more detailed information about each area and price range.
Active vs Pending 9-3-12 Presented by John Fiala
Pending homes sales for Seattle and the Eastside areas for the week of 7-22-12
Here is a look at the weekly ratios ending on July 22, 2012 for residential homes in five areas. This information looks at what has gone Pending (under contact) over the last seven days. Of the five areas that I track, North Seattle had the highest percentage of homes go under contract with 21%. In Redmond, only 8% of homes went under contract. The hot price ranges for Sellers are in the red and yellow boxes below. You can see that in Kirkland, there are currently two homes active in the price range of $250,000 to $299,999 with 5 homes going under contract last week. You can look at your competition by price range and by your area to help you make an educated decision about listing your home or coming up with a strategy to buy a place. How does your area look?
Active vs Pending 7-22-12 presented by John Fiala
Real estate inventory is low, homes are going quickly in Bellevue Washington
This home went under contract in two days because of the quality of the remodel and the low inventory in the area.
Stunning Bellevue home remodeled from the studs out. This 2,680 approx sqft, 4 bed, 2.75 bath is a must see. The home features a master retreat, office, bonus room and a 2 car garage. Updates include a new roof, siding, vinyl windows, bathrooms, Sub-Zero, Viking gas burner, bamboo floors, kitchen cabinets, quartz countertops, hot water tank, faucets and security system. This is just the start. Large private fenced backyard. Easy access to freeways, parks, and Microsoft. Bellevue School District.
King County Washington Real Estate Trends Video presented by John Fiala
Here is a good video that looks at the real estate inventory levels in King County Washington over the last five years. Inventory is down and pending homes sales are still strong. Enjoy the video.
King County Real Estate Market Trends
The chart below looks at the last five years of King County Residential homes. You can see how the inventory fluctuates during the year. The inventory normally increases after the New Year and decreases in the winter months. Currently, this is not the case. Inventory is down significantly from last year and from the preceding five years. Notice the yellow line below, this gap between the new listings and pending home sales has decreased dramatically since the height of the market in July 2007. The amount of new inventory is not keeping up with demand, and in some areas there is appreciation occurring. Pending home sales (under contract) are in the orange line below. We are at the same level of Pending home sales today as the height of the market in 2007 with half the inventory available. Buyers who have been waiting for the bottom of the market are starting to come off of the fence and purchase homes. In some areas and price ranges, there are multiple offers and escalation clauses in contracts. If your home is in a hot area for Buyers, it could be a great time to put your home on the market. If you are curious about your home or your area, please let me know how I can help.
King County Washington Real Estate presented by John Fiala
Active Listing vs. Pending Sales for 3-11-12 Video
This video looks at the active listings and pending sales for the date of 3-11-12. The pending sales (under contract) are for the previous seven days. This shows where the market is hot and who can have an advantage in the market by location and price point, essentially where the fish are biting in real estate.
Bellevue had three Sellers markets this week which you can see in the red areas and Central Seattle had an active week for homes going under contract in the higher price ranges. Overall, the five areas that I track on this report, North Seattle had the highest ratios of homes going under contract last week.
John Fiala Ratios for Active Listings vs. Pending Sales 3-11-12
