Posts in Real Estate News
Year End Stats for 2023

Rising interest rates were a driver of a slowing real estate market in Seattle for 2023. As expected, the median sales price of $870K and average price per square foot of $536 were both down just under 6 percent compared to 2022. As we look ahead to 2024, we expect to see a similar market ahead, but with increasing spikes of opportunity and optimism.

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Market Trends | The Winter Housing Landscape

Like the seasons, the real estate market is cyclical. Additionally, winter is usually a time in real estate to hunker down and wait for the spring thaw. For instance, five-year trends will show the casual observer that active and new listings peak in May/June and recede through the summer before reaching low points in November/December. However, these cycles can be invigorated or hampered depending on conditions either directly or indirectly related to the housing market.

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Headlines vs. Trendlines | July's Case-Shiller Report Shows Seattle Metro Home Prices Up

Data for median home prices across the U.S. were released Tuesday morning for July 2023. We can see the overall index is posting new highs for median home values, with recent growth since the beginning of the year replacing price corrections experienced during 2022 when the market was initially reacting to the dramatic rise in mortgage rates.

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Market Trends From Around the Sound: Q2-2023

Each quarter, Realogics Sotheby’s International Realty analyzes market data to examine trends and to ensure our clients better understand the real estate market.


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Market Trends From Around the Sound: Q4-2022

Each quarter, Realogics Sotheby’s International Realty analyzes market data to examine trends and to ensure our clients better understand the real estate market.


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Q3 2019 Commercial Office Market Update

Colliers International recently released a report on Seattle and Bellevue’s commercial office markets, which showed steady growth in the Puget Sound region as a whole.

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