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.

Key drivers in Seattle will be the healthy harbinger of big tech, particularly in the realm of artificial intelligence, a stabilizing stock market, and a gradual decline of mortgage rates, likely averaging in the mid-6 percent range.

If YOU want to be a smart seller in the first quarter of 2024 but need help making it happen, reach out to our team! We specialize in helping prepare your home quickly and effectively to maximize your sale.