Weekly King County Market Watch
Pending sales spiked more than 32% last week as buyers quickly re-entered the market, and that demand is likely to carry forward as improved affordability draws out sidelined shoppers. While active inventory rose modestly and new listings slipped, the combination of fewer sellers and more engaged buyers sets the stage for competitive conditions. With sold prices and price per square foot both climbing, we anticipate that momentum will continue to fuel steady buyer activity and support pricing strength into the early fall coupled with Tuesday's (9/16) rate drop.
Contact me today to set up a consultation in person or virtually to learn more about market conditions, Compass Concierge, and how I can leverage our nationwide network to source buyers to sell your home for more money.
