The Time is Now: Seattle Market Update
Selling your home is one of the biggest decisions (and undertakings) you go through as an owner.
In order to keep positive equity, deciding WHEN to sell is just as important as how much you decide to list your property at.
Seeing data and trends make a huge difference so you are informed to capitalize at the right time.
Here are the most important stats for FEBRUARY that you should know if you've been thinking of putting your home on the market
|Avg List Price to Sales Price %||101% (5-20+ offers is common)|
|Median Sales Price||$675,000 (up 8.9%)|
|# of Homes For Sale||685 (down 25%)|
|# of Homes Pending Sales||999|
|Months of Inventory||1.3 (4-6 months is considered a balanced market)|
The bottom line? If you've had ANY thoughts of selling, now may be the time.