Third Quarter Market Update: 2021
When residential home sales picked up speed in the wake of the initial quarantine of the pandemic, many experts weighed in on this outlying trend. A year later, as Realogics Sotheby’s International Realty examines the data from the Eastside to Bainbridge Island and markets in between, it’s easy to see that a lack of inventory and an onslaught of buyers wasn’t a one-off. The question for many following the trendlines now, is when will median sales prices start to plateau, and the number of homes available for sale starts to tick back up.
Second Quarter Market Update: 2021
The year started hot for the real estate market. And the second quarter of 2021 continued these trends as low inventory, rising median home sales prices, and fleeting time on market put sellers in the driver’s seat. Realogics Sotheby’s International Realty examines five key markets each quarter to find out where the market has been, and where the trends might lead us next.
RSIR Waterfront Report | 2021
From in-city waterfronts, island living, and vistas along with Washington’s scenic port towns, there is nothing like finding a piece of shoreline to call your own. Heed the call of the water today by diving into our Waterfront Report.
2021 Exclusive Report
This year, Realogics Sotheby’s International Realty presents two reports to inform buyers and sellers in the Puget Sound real estate market. First, the 2021 Exclusive Report looks at how Seattle’s booming and diverse economy has spurred unprecedented development and population growth with a clear urbanization trend. Then, in the Case Shiller Market Watch we observe a year of strong home price growth amid a shift to remote work.
First Quarter Market Update: 2021
Hot, hot, hot—the temperatures keep rising in the real estate market, strongly favoring sellers. Realogics Sotheby’s International Realty examines five key markets each quarter to find out where the market has been, and where the trends might lead us next. And 2021 kicked off with a limited number of available homes. Across these single-family home market areas, a lack of inventory has, at least in part, contributed to escalating median home sales prices, which have increased between eight and 30 percent year-over-year. Sellers take heed, it’s likely still an optimal time to list a home for sale.
2021 Luxury Outlook
The Sotheby's International Realty® Luxury Outlook is an ambitious exploration into high-end residential markets, reflecting on an unprecedented year for real estate and global wealth. Through this report, we offer buyers, sellers, and professional advisors critical insight into the new normal following a global pandemic.
Fourth Quarter Market Update: 2020
When the clock struck midnight on December 31, few were disappointed to see 2020 end. But despite the difficulties endured over the last year, the real estate market remained resilient. It powered forward boasting median home prices that had continued to rise since the initial lockdown last March, more closed home sales than this time last year, and low inventory in nearly all the market areas Realogics Sotheby’s International Realty dives into for its quarterly reporting. Our homes are everything to us—now more than ever. Our office and school, our restaurant and gym—if you’re thinking about entering the market, take a look at our findings and reach out to one of RSIR’s real estate experts for guidance on what your next steps should look like.
Third Quarter Market Update: 2020
In an unusual year, the real estate market has largely been a beacon of positivity. Realogics Sotheby’s International Realty (RSIR) takes a look at these five market areas each quarter to assess where our market has been and prepare for where it’s headed next. And while activity seemed to come to a complete halt for a brief moment in the second quarter, the buyers quickly got off the bench—to take advantage of low-interest rates, to invest in homes with bigger spaces or larger yards as working from home or home school became priorities. And even as the temperatures began to drop this September, the market remained hot in Q3 with appreciating home prices, low inventory, and buyers eager to find the right opportunity.
Second Quarter Market Update: 2020
Each quarter, Realogics Sotheby’s International Realty analyzes market data to examine trends and to ensure our clients better understand the real estate market. The second quarter of 2020 was framed by a very different real estate landscape as Washington’s stay-at-home order was in effect for the majority of this period. The data across these five market areas reflects fewer homes on the market year-over-year likely because of this, and while median prices and buyer demand varied more, it was a seller’s market.
Waterfront Report: 2019-2020
Realogics Sotheby’s International Realty exhibits 15 months of waterfront sales, from January 2019 through March 2020 across five subregions in Western Washington to provide our clients with the information they need before dipping their toe into the market. These geographic profiles have been designed to thoroughly understand and communicate waterfront selling activity in the markets we serve. In this edition of the 2020 waterfront report, we provide a comprehensive survey of waterfront transactions from January 2019 through March 2020 of 14 areas across western Washington State.
First Quarter Market Update: 2020
Each quarter, Realogics Sotheby’s International Realty analyzes market data to examine trends and to ensure our clients better understand the real estate market. In the late first quarter of 2020, the Puget Sound area, its economy, and the real estate market began experiencing the impacts of the stay-at-home order due to COVID-19. The majority of data gathered occurred before that happened, and although we’re understanding the preliminary effects of COVID-19 on real estate, we can see in these reports that it was trending positive for sellers in all four of these market areas.
Annual Market Report: 2019/2020
Realogics Sotheby’s International Realty proudly presents its annual summary of the Real Estate Market in Western Washington. Each year, this in-depth analysis provides data and information by market areas and reflects on how the news events of the past year could economically impact the home buying and selling process.
Fourth Quarter Market Update: 2019
Realogics Sotheby’s International Realty presents a look at the housing market trends for the fourth quarter of 2019, from the shores of Bainbridge Island’s waterfront homes and in-city living opportunities to the Eastside’s most distinguished residences.
Third Quarter Market Update: 2019
Realogics Sotheby’s International Realty presents a look at the housing market trends for the third quarter of 2019, from the shores of Bainbridge Island’s waterfront homes and in-city living opportunities to the Eastside’s most distinguished residences.
Second Quarter Market Update: 2019
Take a look at the housing market trends for the second quarter of 2019, from the shores of Bainbridge Island’s waterfront homes and in-city living opportunities to the Eastside’s most distinguished residences.
Waterfront Report: 2018-2019
An in-depth look at 15 months’ worth of sales on the shorelines of 14 counties around Western Washington with monthly sales activity charts, average and median sales price trends, and topographic maps of 27 areas.
Annual Market Report: 2018/2019
The report includes a 2018 retrospective, performance review of 8 key Western Washington counties and 31 regional market with 2019 home price forecasts, and a look ahead at key drivers in our region for the coming year.