Market Update: Capitol Hill – August 2014

Sep 16 20140 Comment


Capitol Hill was hot, hot, hot in August! And we don’t just mean temperature wise. Real estate sales in Capitol Hill were up 58.3% over the same period last year and up 20% over July 2014 with 18 units sold . Additionally, 19 units went under contract making months of inventory available based on closed sales a very low 0.8. Translation: houses are selling faster than they are coming on the market. This is drastically reducing inventory and creating an even stronger market for sellers whose homes are priced appropriately.

Interested to see what your home could be worth in today’s market? Check out our new valuation tool using the widget above or visit seattle.smarthomeprice.com.

If you’re looking to buy, you can check out the current Capitol Hill homes for sale here.

TrendGraphix -August 2014 Sales Cap HIll