what is the market looking like?

Seattle Market Update - July 2023

Watch my video or keep on reading for Seattle Housing Market Updates!

Seattle housing prices are still holding pretty strong with a median sold price of $930,000. This is down 7% from vs the same month last year, where it was at $1,000,000. 

Seattle Sold Prices vs Asking price:

42% sold above asking price

24% sold at asking price

18% sold below asking price

16% sold after price change

86% of homes sold within 30 days in the Seattle market. Inventory in Seattle is at 1.3 months of available supply, which means that the market favors sellers in Seattle.

It’s a great time to sell your home in Seattle if you are thinking about it! Contact me for a Comparative Market Analysis to figure out an estimate of what your house would be likely to sell for in this market!

Interest Rates

Current (when this video was made in the beginning of July 2023) 30 year mortgage rate is 6.70%.

For current 30 year rate go here: 

Financial Calculator with Current Rate

Want to buy or sell right now? Contact me and we can set up a meeting right away! 

Enjoy Your Summer!!

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