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The Cascade Team Real Estate Blog

Seattle Real Estate Trends

Here we are with the latest on how the market is going in Seattle and there's a lot of great information to share in the infographic below. Generally speaking, we're still short on inventory of homes for buyers to choose from. While inventory is down,  other key indicators are all showing gains due to the tight market. Need some insight on how this info applies to your plans? Contact me. 

By the way, look at those average sold prices. If they sold with The Cascade Team's full service for 1% listing fees, a condo seller would have saved over $12,000. A home seller would have saved over $17,000!

 

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North Seattle: Name Your Selling Price And We'll Bring The Buyers! 

2017 was a record year for the Seattle area. Some sections of the housing market increased by nearly 30% with the over-all price for a home increasing just under 17% for the year. Take a look at an in-depth review of The Issaquah Highlands market from the number 1 listing brokerage in the Issaquah Highlands and see where the housing market has grown, the highest priced SOLD home, the home that went the MOST over asking price, and also get an idea of what to expect in 2018

With record low inventory literally causing a Housing Shortage Crisis, We have many buyers out there looking and with a lack of inventory, we may just have a buyer for your home.  All it takes is 30 seconds to

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$539,500 - 1946 Sw 167th St, Burien

   Bedrooms: 3
   Bathrooms: 1.75
   Sq. Footage: 1,600
   Year Built: 1956
   Garage Spaces: 1
   Type: Residential
   MLS® Number: 1261168
OFFERED BY: PROPERTY DESCRIPTION:
  Jared Tadique
Managing Broker
206.948.4320
Schedule a Showing
Request More Info
Beautiful Mid-Century chic home in the coveted Gregory Heights neighborhood. Floor to ceiling windows and original hardwood floors make a bright and cheery main living area. Newer hardwood floors, fridge, and stove in the kitchen on your way out to the huge deck and park-like
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“Information and statistics derived from Northwest Multiple Listing Service.”

  • Even as more homes come on the market for this popular sales season, they're flying off fast.
  • Home prices have now surpassed their last peak, and at the entry level, where demand is highest, sellers are in the driver's seat.

Spring homebuyers are pounding the pavement at a furious pace, but the pickings are getting ever slimmer.

Even as more homes come on the market for this traditionally popular sales season, they're flying off fast, with bidding wars par for the course. Home prices have now surpassed their last peak, and at the entry level, where demand is highest, sellers are firmly in the driver's seat.

Northwest MLS figures for last month show a

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$575,000 - 9119 23rd Ave Ne, Seattle

   Bedrooms: 3
   Bathrooms: 2.5
   Sq. Footage: 1,600
   Year Built: 2006
   Garage Spaces: 1
   Type: Residential
   MLS® Number: 1134940
OFFERED BY: PROPERTY DESCRIPTION:
  Jared Tadique
Managing Broker
206-948-4320
Schedule a Showing
Request More Info
Beautiful and conveniently located Wedgewood home! Enter the main floor from your attached garage to an inviting living room with gourmet kitchen, dining area, and powder room. Upstairs are 3 generous bedrooms including the master w/ full bath & walk in closet, a 2nd full
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$199,000 - 1030 Timber Lane, Freeland

   Bedrooms: 2
   Bathrooms: 2
   Sq. Footage: 1,215
   Year Built: 2001
   Type: Residential
   MLS® Number: 1107157
OFFERED BY: PROPERTY DESCRIPTION:
  Jared Tadique
Managing Broker
206-948-4320
Schedule a Showing
Request More Info
Beautifully remodeled 3 bed (2 bed septic) 2 bath manufactured home in Mutiny Bay! "Studs out" remodel with an open layout. Quartz counters and new SS appliances. Master has walk in closet and 5 piece bath w/ corner tub and shower. Both baths have jetted tubs & marble surrounds. Ultra efficient mini split
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Big price reduction on this remodeled 4 bedroom North Bend home on just shy 2 acres. Tired of bidding wars? Take a look at this one! Take a tour right from your computer with the Matterport 3D tour!


$569,000 - 1015 Nw 14th St, North Bend

   Bedrooms: 4
   Bathrooms: 1
   Sq. Footage: 2,520
   Year Built: 1929
   Garage Spaces: 1
   Type: Residential
   MLS® Number: 1076110
OFFERED BY: PROPERTY DESCRIPTION:
  Jared Tadique
Managing Broker
206-948-4320
Schedule a Showing
Request More Info
Wow! So much potential, so many options for this shy 2 acre property
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HOME VALUES & HOUSING TRENDS FOR 98117

Want more details? Subscribe to our Monthly Market Report. It's all about the current real estate market conditions in 98117, and it's FREE! Curious about your homes valueContact us today for a custom comparative market analysis (CMA) to help determine the valuation of your home.

Please note, that all references to average DAYS ON MARKET in these charts on this page represent the time a home was listed as "Active" in the MLS, and available for buyers to place offers.

Buyer's market = more than 6 months of inventory based on closed sales
Neutral market = 3 - 6 months of inventory based on closed sales
Seller's market = less than 3 months of inventory based on closed sales 

 

98117 HOME INVENTORY

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$210,000 - 19814 15th Ave Ne (unit 308), Shoreline

   Bedrooms: 2
   Bathrooms: 1
   Sq. Footage: 862
   Year Built: 1982
   Type: Condominium
   MLS® Number: 1065806
OFFERED BY: PROPERTY DESCRIPTION:
  Jared Tadique
Managing Broker
206-948-4320
Schedule a Showing
Request More Info
Updated top floor 2 bedroom condo. Private setting with the deck overlooking Forest Creek. Cozy wood fireplace and vaulted ceilings. Many recent unit upgrades including new carpets and paint. Updated bathroom, windows, kitchen with SS appliances, New washer and dryer in the updated in-unit
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$399,000 - 2351 Ne 130th St, Seattle

   Bedrooms: 3
   Bathrooms: 1
   Sq. Footage: 940
   Year Built: 1953
   Garage Spaces: 1
   Type: Residential
   MLS® Number: 924608
OFFERED BY: PROPERTY DESCRIPTION:
  Jared Tadique
Managing Broker
206-948-4320
Schedule a Showing
Request More Info
Beautiful Olympic Hills 3 bedroom rambler. Gleaming hardwood floors inside and a Yuge back yard with 6 fruit trees & new patio really make this home shine. A ton of recent upgrades, including new: roof, triple pane windows, gutters, int/ext paint, doors, mill work (antique knotty pine),
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