Category: Real Estate News

Market Update: Days on Market

Single Family Homes on Capitol Hill We are seeing a flurry of activity in Capitol Hill and reported last week that this neighborhood is proving to be a seller’s market (check out the data here in case you missed it). As you can see in the graph below, the average days on market was 31 in April and the average sales price was 98% of ...

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Market Update: Capitol Hill – April 2014

April 2014 was a seller’s market on Capitol Hill with available inventory down 4.8% compared to March and down 23.1% compared to the previous year. The number of homes closed in April was up 183.3% compared to the previous month suggesting that buyers are eager to move! If you are interested in selling your Capitol Hill home, let us know ...

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“But Zillow Says My Home is Worth [Insert Number Here]”

Taking a look at the accuracy of Zillow’s “Zestimate” If you’ve ever taken a look at the real estate website, Zillow®, you’ve likely seen that they offer up what they call a “Zestimate®” on the current value of a property. And oftentimes during the pricing conversation we have with our sellers we hear “but Zillow estimates ...

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When is the best time of year to sell a home in Seattle?

You’ve probably heard it many times before – “spring is the best time to sell your house” – but that isn’t always the case. If we look at sales data for the entire city of Seattle over the last 3 years, you’ll notice that while the number of homes sold typically peaks in May and June, so does the total number of homes ...

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