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Housing Market Tracker: Inventory falls even lower

Housing Wire

The seasonal housing inventory bottom evaded us again last week as active listings fell and new listing inventory decreased. Here’s a quick rundown of the last week: Active inventory fell 5,383 last week, and new listing data is still trending at all-time lows in 2023.

Inventory 521
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Will Springer Realtor - Untitled Article

Will Springer Realtor

The number of new listings for all home types – single-family, townhomes and condos combined – in King (887) fell 47% from November and declined 36% from December 2021. The 2-story house with finished basement was built in 2007 and updated after the former Seahawks star bought the place in 2015 for $6.7M. List: $4.45M ($575/sq.

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HOUSING ‘TRIFECT’ PUTTING SQUEEZE ON BUYERS

Will Springer Realtor

Others are specializing in the design and construction of accessory dwelling units (ADUs) as detached backyard homes (also known as “ mother-in-laws ”). King County new listings fell 13% from June to July (2158), led by a 20% slide in Seattle (690). Bosa developed the twin, 41-story, 698-unit community in 2015-2016.

Buyers 36
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TRACKING THE SINGLE HOUSEHOLD AND OTHER LIFESTYLE CHOICES

Will Springer Realtor

Designers are helping builders broaden options to create homes that consumers can afford – no easy task. The twin high-rises opened in 2015 and 2016 and sold out quickly. LUXURY LIVING Jeff Bezos is (indirectly) in the news with a new listing of his former Bellevue home. Contact me for more information.

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Signs of Inflation Expand Well Beyond Housing Prices

Will Springer Realtor

>> And in a different metric, Seattle-area home prices have risen 55% from December 2015 to the start of this year, according to Case-Shiller, a home-price index from S&P CoreLogic. >> Through February, the number of existing home listings across the U.S. Check out the details of this wonderful home at parc606.com.

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Will Springer Realtor - Untitled Article

Will Springer Realtor

seconds – when not parked in a penthouse high atop a gleaming new urban condo. This specially designed British supercar comes with a super price tag – about $1.7M. though the home is not currently listed on the MLS. . With the settlement, a wave of new listings hit the market in the past several weeks.

HOA 36
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RISING INFLATION, RATES TRIP UP HOUSING MARKET

Will Springer Realtor

While the number of new listings in June jumped 8.2% in new listings and 57% in active listings at the start of this month (3256), up 124% from a year ago. Hidden in secluded forested grounds through a short private drive, the journey home soon opens to a manse with traditional designs and custom features.