Happy Holiday's friends!
As the Holidays approach, we’re in a season known for a natural slowdown in real estate market activity. While month-to-month declines in active listings and closed sales are expected at this time of year, these fluctuations don’t suggest a downturn. In fact, last month saw an increase in year-over-year closed sales, signaling a healthy market with sustained demand. Just after the New Year, many homeowners will begin preparing their properties for spring listings, and with interest rates remaining lower than a year ago, demand from buyers should remain strong. As always, please reach out with any questions you have about your local market - I'd be more than happy to chat!
To read the full market report, including data specific to the Eastside, Seattle, and King & Snohomish Counties, click HERE.
Cheers to a warm, wonderful Holiday season!