Home Prices Up in Seattle

Nationally, the U.S. real estate market is certainly putting some boldness into its recovery, as indicated by recent reports. February existing home sales shot up 10.2% from a year ago, the fastest sales pace since the homebuyer tax credit boost in November 2009. The median existing home price is UP 11.6% nationally versus a year ago and has now posted year-over-year increases 12 months in a row.

In Seattle, we can see that the median 3-bedroom home in 98115 sold for $439,975 in 23 days in 2012. This year, that same median 3BR home sold for $464,000 in 11 days! Multiple offers on houses in high-demand Seattle neighborhoods are now the norm.

If you have been sitting on the fence wondering whether now is the time to sell, I would be happy to provide a free, no-obligation home evaluation over the internet. This will give you a ballpark figure for what your home sale might bring in today's market. I also include all the various closing costs that you will incur as a seller, so you will know exactly what you will have left in your pocket after all expenses.

If this would be helpful, please contact me at HomeLandInvestment@gmail.com or call 206.274.0800.