June 26, 2024 Weekly Market Watch with Chris Doucet

Activity decreased slightly from the previous week as we transition into the summer season. Active listings saw a slight increase, while the number of properties sold decreased. In King County, new listings dropped by 5.1% compared to the previous week. However, the days on market, median active price, and median sold price remained nearly unchanged, indicating that buyer interest persists despite a slight market cooling. Contact me today to set up a consultation in person or virtually to learn more about market conditions, Compass Concierge, and how I can leverage our nationwide network to source buyers to sell your home for more money.

Chris Doucet Founding Broker in Seattle M: 206.819.4663 chris.doucet@compass.com

Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

marketingcenter--

June 19, 2024 Weekly Market Watch with Chris Doucet

As we move into the summer market, active listings remain stable despite a decline in pending and sold listings. However, unlike typical seasonal trends, market activity hasn't dropped off as mortgage demand stays flat. In King County, new listings decreased by 5.2% compared to the previous week, while the days on market, median active price, and sale price remained steady. Contact me today to set up a consultation in person or virtually to learn more about market conditions, Compass Concierge, and how I can leverage our nationwide network to source buyers to sell your home for more money.

Chris Doucet Founding Broker in Seattle M: 206.819.4663 chris.doucet@compass.com

Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

marketingcenter--

June 12, 2024 Weekly Market Watch with Chris Doucet

King County experienced a rise in activity compared to the previous holiday week, reflecting strong buyer confidence. Pending listings increased while inventory continued to grow. Active inventory reached a yearly high, and days on market decreased, indicating stability in median sale and active list prices. Although a significant drop in new inventory is typically expected, it only declined by 4.9% from the prior week. Contact me today to set up a consultation in person or virtually to learn more about market conditions, Compass Concierge, and how I can leverage our nationwide network to source buyers to sell your home for more money.

Chris Doucet Founding Broker in Seattle M: 206.819.4663 chris.doucet@compass.com

Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

marketingcenter--

June 5, 2024 Weekly Market Watch with Chris Doucet

Following the holiday weekend, King County saw a decline in pending and closed listings, even as active listings continued to rise. Despite a drop in buyer activity, new listings surged by over 45%. Meanwhile, the days on market and the median active list price remained relatively stable, while the median sale price increased compared to the week prior. Contact me today to set up a consultation in person or virtually to learn more about market conditions, Compass Concierge, and how I can leverage our nationwide network to source buyers to sell your home for more money.

Chris Doucet Founding Broker in Seattle M: 206.819.4663 chris.doucet@compass.com

Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

marketingcenter--

May 29, 2024 Weekly Market Watch with Chris Doucet

Despite the holiday weekend and the usual slowdown, last week saw a surge in buyer activity. Pending sales increased along with the number of sold listings, while active listings slightly declined. In King County, the median active and sale prices remained stable. However, the days on market decreased as demand outstripped the 41.4% drop in new listings introduced last week. Given this pent-up demand, we can expect a rise in the median sale price and a continued decline in days on market. Contact me today to set up a consultation in person or virtually to learn more about market conditions, Compass Concierge, and how I can leverage our nationwide network to source buyers to sell your home for more money.

Chris Doucet Founding Broker in Seattle M: 206.819.4663 chris.doucet@compass.com

Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

marketingcenter--