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Fall Frenzy

September 8, 2017

The August housing market data was released this week by the Northwest Multiple Listing Service.  In King County, the median price of a single-family home saw an 18.2 percent price increase from a year ago.  After record-breaking price increases in August and July, the Spring home-buying frenzy apparently didn't take a summer vacation.  Although the "luxury" market (homes priced above $1.25 million) saw longer days on the market, competition remained fierce for homes below  $1 million.  Combined with low inventory, the buying frenzy doesn't show any signs of slowing down as we move further into Fall.  If you're a buyer, make sure you're prepared (mentally and financially) to act quickly when you find the "right" home.  If you'd like a copy of our Buyer Checklist, click on "Contact Us" at the top of this page to request one.

 

 

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Firm License #19597

NWMLS Office ID #3484

CBA Office ID #1005156

Kelly Byrne, Designated Broker

Blue Pacific RE, Inc.

3900 W Briarcliff Lane

Seattle, WA 98199

206-582-7812