Seattle Waterfront Real Estate Inventory January 2013 to November 2013

Seattle Waterfront Real Estate Inventory January 2013 to November 2013

 

Seattle waterfront properties are on an upswing from the months of January 2013 through November 2013. The increasing numbers of Seattle waterfront properties for sale on the market increased from 51 to 60 which is a 17.6% increase year to date.


Seattle Waterfront Homes for Sale Listings Year-to-Date

Seattle Waterfront Real Estate

Seattle Waterfront Real Estate

 

One gauge that we use is called "Months of Inventory" which is a term we use that captures the absorption  rate in the market. That is,  what is the amount of time it would take to sell all current listings at the current sales pace if no new listings became available?

Starting in January 2013 the Months of Inventory for Seattle waterfront properties was six months. It fluctuated along the way but as of November 2013 it increased to 10 months of waterfront inventory which tells me it is more of a buyer's market.

 

Seattle Waterfront Real Estate

 

 

Whether buying or selling Seattle waterfront property... call me at (425) 290-3114 for a FREE consultation.

 

I am a graduate of the University of Washington and I know Seattle well.




* Source: Northwest Multiple Listing Service (NWMLS.) The NWMLS did not compile or publish this information. Information is believed to be accurate but should not be relied upon without verification.

Lana Robbins, Managing Broker, Realtor ®

Phone (206) 445-8034
Email: Lana (at) AlohaKaiRealEstate.com

Ed Hinman, Vice President

Phone (206) 445-8034

Email: Info (at) AlohaKaiRealEstate.com

 

Google+

 

Lana and EdAloha Kai Real EstateWe are commited to Fair Housing Laws

 

We are committed to Fair Housing Laws and are an Equal Opportunity Employer.

Comments

Lana, thank you for sharing this important information about the Seattle Washington waterfront real estate market. Keeping sellers and buyers informed about market conditions is one of the most important jobs we have as real estate professionals.

Posted by Stephen Howell, Annapolis MD Homes For Sale 443-994-8043 (Coldwell Banker Residential Brokerage) almost 5 years ago

Waterfront homes are harder to sell in New York and Florida due to the hhigh cost of insurance that is required. Everyone is afraid of the storms.

Posted by Jimmy Faulkner, The Best Of St. Augustine (Florida. Homes Realty & Mortgage) almost 5 years ago

Participate