Our Ever-Changing Seattle/Eastside Market

What is our actual Seattle/Eastside market like?

Did you know that the real estate market changes daily? You could ask three different agents what they think our market is like and get three completely different answers. That’s not because one agent knows what they’re talking about and the other two don’t. It’s because every area is different and every price range is different.

Talk to an agent that works in the condo market on the Eastside and ask them how it’s going. That’s completely different than the agent that spends a lot of time selling old houses on Phinney Ridge.

Our market in the Seattle area is still quite strong. Don’t let the newspapers tell you that our bubble is bursting and prices are going to fall through the floor. The Seattle-area is land-locked by water on one side and mountains on the other. In the meantime, our 4 million+ population in the Puget Sound area isn’t getting any smaller. More and more jobs are coming as our local economy is booming. More jobs mean more employees. More employees mean more homes/condos. As the developments mover further north and south away from Seattle/Bellevue, the demand for housing closer into the cities gets higher.

Higher demand = Higher prices. No matter how you look at it.

Thoughts? Let me know! I’d love to hear feedback on your opinions of our market.

To search listings, view current market information, and many other resources - visit www.soderlundhomes.com.

Good luck!
Aaron