Seattle Market Update for May 2020

Summary The number of new listings increased 29.2 % in May from April suggesting sellers are returning to the market.  Sold prices dropped between 3-4% in May from April. All counties experienced a drop in sales in May 2020 versus May 2019; but sales increased in all but King County from April to May 2020.  […]

The Greater Seattle 2020 Market Update

The Greater Seattle Area has experienced one of the largest COVID-19 real estate market slow-downs in the US. Under contract listings reached their lowest-point on April 2, down 49% from pre-COVID levels. As of May 5, that number had increased by 56% from April 29 levels, which was 7% above pre-COVID levels.   Median prices were […]