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Market Reports, Realogics Sotheby's International Realty

Quarterly Reports: Market Trends in First Two Quarters of 2017

Realogics Sotheby’s International Realty (RSIR) presents a look at the housing market trends for the first two quarters of 2017, from the shores of Bainbridge Island’s waterfront homes and in-city living opportunities to the Eastside’s most distinguished residences.

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Seattle  |  Single Family Homes

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Prices continued to exceed seller’s expectations in Q2-2017, as the median sales price reached $718,000, an increase of nearly 13% compared to 2016.

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Eastside  |  Residential

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Notoriously anemic supply continues for communities on the Eastside, as inventory decreased to just 0.8 months with a spike in the average list price, up $300,000 from last year.

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Bainbridge Island  |  Residential

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Much of the region is experiencing decreasing inventory, but Bainbridge Island saw a rare increase in months of inventory for Q2-2017, up to 2.1 months compared to 1.7 in 2016.

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In-City Living

Seattle  |  Condominiums

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Inventory continues to be scarce at just 0.7 months, as the average list price increased by $180,000 year-over-year and days on market decreased over 10% compared to 2016.

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Market Trends Around the Sound

Realogics Sotheby’s International Realty Research Editor William Hillis presents the Semi-Annual Report, which takes a deeper look at trends in fifteen of the key markets in the Puget Sound region.

 

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