RECENT BLOG POSTS
NWMLS July UpdateThe greater Seattle real estate market is still strong just like the rest of the state, but there are signs of change.  For instance, across the NWMLS pending (-24%) and closed (-30%) sales are down from the previous year.  Thus, the number of condos and homes listed is up to 15,...
08/10/2022
Puget SoundBroadly defined from Olympia to the south and the Canadian border to the north so to include the San Juan Islands as well as the approximately 30+ other islands, there were 315 watefront homes sold in the first half of 2022.  This was down from the 385 homes that sold in the first six ...
07/25/2022
Despite the negative news, the Greater Seattle real estate market is still relatively strong.  It is slowing down, but the sky is not falling.  Across the NWMLS, inventory is up to 13,405 listings (homes and condos) which is over double last June (6,358 listings).  Nevertheless, inventory is at 1...
07/20/2022
Residential properties across the NWMLS (26 counties) sold for 107.8% over asking price in April.  King County is one of two counties where inventory is down from a year ago.  This is especially true for condos where inventory is down 35%.  Thus King County prices are up nearly 20% for single fam...
05/12/2022
Luxury real estate market is extremely hot.   In the first quarter of the previous year there were 371 sales over $2 million in King County.  In the first quarter of 2022, there were 513 luxury home sales over $2 million.  Not only were there more sales, the average list price of those luxury hom...
04/29/2022
The holiday season is historically slow time in the Seattle real estate market.  During COVID the last two years, the real estate market has not been as affected by  holidays as other years.  This November and last November are nearly identical in the number of transactions.  Both years the numbe...
12/23/2021
Across the Northwest Multiple Listing Service inventory is down over 23% and prices are up 15% from last year. Prices in Seattle, while not as impressive, are still up 5.3%.  Other areas of King County have seen large gains. For example, Vashon prices are up 33% and the Eastside is up 17.3%.  The...
11/10/2021
Real estate inventory continues to be low.  While new listings outpaced pending sales, it was very close.  In September there were 11,373 new listings with 11,318 pending sales.  That makes this September the second best September for pending sales in the last 20 years.  Therefore, overall real e...
10/19/2021
NWMLS Real Estate ReportYear over year, closed sales are up 23% and pending sales have increased nearly 8% which has caused real estate inventory to decrease to 43% and prices to increase to 13.8%.  While inventory is down 43%, it varies per county by quite a bit.  For example, King County invent...
12/17/2020
Update on Greater Seattle Condo MarketThe Seattle condo market has been steady in 2020. For example, through October 2020 the average Seattle condo price in Downtown and Belltown is just over $839,000. In contrast, the average condo in the area sold for over $863,000 in 2019, but that is only par...
11/05/2020
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Ewing and Clark is Washington State's oldest real estate company. This blog highlights what's going on in the national and Seattle real estate market as well as some of our most unique listings.