NE Seattle moving towards a sellers market

The number of homes for sale in  Northeast Seattle have been increasing  since the beginning of September (2012). Price have started trend upward in September as well.  The average  market time is been hovering around 118 days. What’s very interesting about this market is that the Market Action Index has been rising steadily in August and into September, currently at 26, over 28 means the market is shifting towards a sellers market.

Homes for sale in Northeast Seattle neighborhoods:

Pinehurst homes for sale,Victory Heights homes for sale, Lake City homes for sale, Cedar Park homes for sale.

Low interest rates and summer like weather in September are keeping the  buyers out looking  at homes for sale in Northeast Seattle. This a very good time for sellers to list their homes for sale, low inventory levels and interest rates makes it a perfect buying climate for active buyers seeking to purchase.

 

90-day stats for Single Family properties in
SEATTLE, WA98125 as of September 21, 2012
Median List Price: $335,658 Average List Price: $398,351
Total Inventory: 119 Price per Square Foot: $199
Average Home Size: 1,708 Median Lot Size: 7,946
Average # Beds: 3.22 Average # Baths: 2.00
Homes Absorbed: 9 Newly Listed: 9
Days on Market: 110 Average Age: 48

 

 

Related posts:

  1. Northeast Seattle home market a tale of two different markets (16.4)
  2. Upper priced homes in NE Seattle outpacing lower priced homes (14.9)
  3. Northeast Seattle Home Prices Moving Higher (14.5)
  4. Northeast Seattle and Lake Forest Park real estate showing signs of life (14.4)
  5. Northeast Seattle real estate market update (14.2)

 

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Adrian specializes in green home marketing utilizing traditional and social media marketing to create the widest exposure of your property.

 

2 Comments on NE Seattle's real estate moving towards a sellers market

SEP
27
1,445,284 Points 26 Featured Posts Outside Blog Called Shot Master

Thanks for sharing your report.  Some home buyers are shocked to find themselves in multiple contract competition.
3:54am • #1
629,089 Points 1 Featured Post Outside Blog

Hi Roy, A good offer strategy is needed to make sure they come out on top.

 

Have a great week-end.
7:18am • #2


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Adrian Willanger-Coldwell Banker Greater Seattle, Wa.

Seattle, WA

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206 909-7536 TheHomeFunnel.com

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