Weekly Market Quick Bites With Theresa Ahdieh | March 25th

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View this email in your browser The four Market Numbers you should know:   Active Listings Today 585 Last week 563 One month ago 506 16% less Last year 726 19% more  New Listings (for March) So far in March 501 For the same amount of time last month 486, 3% less At this point last March 501, exactly the same as last year Pending Sales (for March) So far in March 458 A this point last month 422, 9% less At this point last March 2023 400, 15% less Number of Sales Closed (for March) So far in March 396 For the same amount of time in February 314, 26% less On this day last March 346, 15% less   What does this mean? Median closed sales price for the first three weeks of the month still trails the first three weeks of last month, It currently sits at $899K, last month was $919K Inventory levels are sitting at the exact same amount as this time last month, based on pending sales at .9 months Average cumulative days on market continues to come down. So far in March, we are at 29 days, down from 40 for those that closed last month. From Jordan Malloch Managing Broker Windermere Northgate 10 Costs Associated with Selling Your Home Selling a home is an exciting time for homeowners. Once you and your household have decided that you’ll hit the market, it’s easy to think solely about the revenue that comes with the sale.                                       Contact Theresa underthepinkumbrella.net Copyright © 2022 Windermere Real Estate Company, All rights reserved. Under the Pink Umbrella with Windermere Real Estate - Northgate Our mailing address is: 301 NE 100th St. Suite 200 Seattle, WA 98125 Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.