King County Weekly Market Watch
Despite the holiday weekend and the usual slowdown, last week saw a surge in buyer activity. Pending sales increased along with the number of sold listings, while active listings slightly declined. In King County, the median active and sale prices remained stable. However, the days on market decreased as demand outstripped the 41.4% drop in new listings introduced last week. Given this pent-up demand, we can expect a rise in the median sale price and a continued decline in days on market.
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.
