May was not as hot as 2018 but with summer here we are starting to heat up a bit! I have started to see a bit more listings come on the market and price points under $450k were faster to move as buyers are starting to pick up the pace. Homes under $400,000 your chances of competing with multiple offers was much higher. It has certainly helped all price points that interest rates have leveled and even dropped a bit.
We are up 1% May 2019 vs. May 2018
There were 2,426 available homes to come on the market +362 vs. April.
Down 5% May 2019 vs. May 2018
1962 units -109 vs. April
+0%!!! May 2019 vs. 2018
1660 units +223 than April
Snohomish County Active to pending 27 days vs. 18 a year ago. Down 8 days from last month. Homes prices over 450k seem to be taking up most of that time.
Median home price in Snohomish County 494,000 +0% last year. Down $1,000 from last month!
Bothell-$670,500 down 8% from last month.
Edmonds/Lynnwood -4% to $525,000.
Everett/Mukilteo -3% to $452,000. Snohomish/Monroe +4% to $465,000
Lake Stevens/Granite Falls + 10% to $449,000
Marysville +6% to $410,000
King County Median home prices are $661,000 that is down 2% over last year and up $22k from last month. Woodinville area Median price is $764,000. Last year they were over 800k. Definitely a leveling in our east Snohomish/King County area. Days on market 36 compared to 11 a year ago.
The below snapshot from the NWMLS is for 23 counties in the Puget Sound region. For the Snohomish county area and the record we broke on median home price please click here.!
Happy New Year everyone! I hope 2019 is starting out, and will be, an amazing year for you and yours.
I am reaching out to you today to share some VERY exciting news. It has been wonderful to help so many families find homes, investment properties, save homes for those that needed it with my short sale and foreclosure knowledge and help others sell as they transition into something more comfortable for their changing lifestyle. I have been blessed by many of you referring me to your friends, family and colleagues. Thank you!
Life IS ever changing and because of the ever-changing nature of the real estate market, it’s imperative that my clients have the most up-to-date information available. My philosophy is that the market waits for nobody, and that’s why I pledge to go beyond the standard level of service even after your home has closed. I always want my clients to feel free, and comfortable, to contact me with questions, referrals for home repairs, or to just say hi!
With change in mind I am excited to announce that I have officially brought on an amazing, buyer’s specialist to assist me in providing the quality of service I want to give my clients and they deserve. Please help me in welcoming Britt Maltos to my team!
I am excited to partner with a Realtor who, like myself, is from Washington. I feel it gives us so much more knowledge of the neighborhoods we are helping families in. Britt grew up in Ballard and lives in Edmonds with her husband and kids. I grew up in Lynnwood and then the north Seattle area. My first apartment was in Ballard before moving to Redmond for many years and finally settling in the Everett/Snohomish area with my family.
I like to say we’re your local homegrown Real Estate team!
When you have Real Estate needs you want someone who knows the prospective area inside and out, someone who will not only find you the best property for your needs, but the best neighborhood as well. A team that can direct you to which loan product works best for you and knows of many that will save you money along the way. A team that now gives CASH back to our local community heroes (firefighters, EMS, law enforcement, teachers, healthcare, and military) when they buy or sell a home with us. A team that is qualified to help seniors with downsizing or lifestyle changes and providing a senior discount (new)!
That’s where we come in: We can provide you with information that will inform your real estate decisions. So, rest assured that as long as you’re in the market, we are committed to be your neighborhood specialists and more.
Even if you are not considering buying or selling a home now, if any of your friends, family or colleagues express an interest and would appreciate the level of service we provide please, feel free, to give out our contact information. We would be happy to chat with them and promise to take great care of them.
Thank you, It is so rewarding to help families make their real estate dreams come true.
Hello December! Enjoy and experience happiness this month. Most importantly whatever you do have a wonderful Holiday season!
REAL ESTATE news
Sales of existing homes slipped 0.7 percent in July, fourth straight monthly decline
Lower priced homes are experiencing fewer price reductions than upper end properties
Home value growth slowing in several hot markets
MORTGAGE & FINANCE news
Young homebuyers funding home down payment from their retirement account
Massive student debt makes homeownership almost impossible
Guide to understanding your home’s value
Declutter your kitchen and double your storage space
Questions to ask before buying a condo
Buyers see hope on the horizon in cooling Seattle market
Seattle-area drops to the #12 market for home price growth
Home price acceleration slows, but it’s still a challenge if you’re a buyer
Seattle #2 on list of best cities for ice cream lovers
Performing arts and affordable housing come together in planned Rainier Valley development
The SR-99 tunnel gets its stripes (and some running stick figures)
Port of Everett breaks ground on huge and historic modernization project
Where do Washington State’s billionaires live?
WEEKLY DOSE OF awesomeness
What do the smart home systems of the wealthy have that Alexa doesn’t?
(hint: Morgan Freeman)