Seattle Waterfront Real Estate Inventory January 2014 to August 2014

Seattle Waterfront Real Estate Inventory January 2014 to August 2014



Seattle waterfront single-family residential properties are on an upswing from the months of January 2014 through August 23, 2014. The increasing numbers of Seattle waterfront properties for sale on the market increased from 22 to 47 which is a 113% increase year to date.


Seattle Waterfront Single-Family Residential Homes Inventory Year-to-Date

 

Seattle Waterfront Homes

 

 

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?

 

Seattle Waterfront Homes

Starting in January 2014 the Months of Inventory for Seattle waterfront single-family residential properties was three months which is a strong seller market. As of August 23, 2014 it is now nine months of waterfront inventory which tells is it is leaning more towards a buyers market for Seattle waterfront single-family residential properties.

 

Seattle Waterfront Properties

 

However this does not mean Seattle waterfront single-family residential property sellers are "giving" away their property. They are not.

If you are thinking about selling your Seattle waterfront property... call me at (425) 290-3114 for a FREE market analysis.

 

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

Participate