Seattle Market Update – October 2013

As we enter the fall season, the real estate market continues to thrive. The health of our local economy is driving the King County real estate market.While interest rates and inventory have risen over the last 90 days, we continue to see many transactions at all price levels.

New construction and move-in ready homes continue to be in highly sought after by buyers.  Builders are extremely active acquiring  lots and tear-down homes to meet demand for new construction.  Inventory of waterfront and high-end homes remains low, creating strong competition among buyers looking to upgrade.

We appreciate being able to help our clients over the many years we’ve been involved in the Seattle market.  If you have any questions, big or small, with regards to real estate please do not hesitate to call.

Want to know what’s happening in your neighborhood? Check out our monthly Neighborhood Report for:

Laurelhurst

Windermere

View Ridge

Sand Point Country Club

Bryant

Wedgwood

Capitol Hill

Madison Park

Montlake

Portage Bay