BUYER TRAFFIC COMMENTS According to the National Association of Realtors buyer traffic in our state of Washington is still strong. While the market has softened due to an increase in inventory, buyers are still pounding the pavement and looking to secure a home before interest rates have another increase.
Q3: July 1 – September 30 In September, the average days on market landed at 27 days and the original list-to-sale price ratio 98%. Since May, inventory growth has been noticeable, and has given buyers more options. This has led to more negotiations and fewer bidding wars, which is tempering month-over-month price growth to a more […]
Q3: July 1 – September 30 In September, the average days on market landed at 29 days and the original list-to-sale price ratio at 98%. Since May, inventory growth has been noticeable, and has given buyers more options. This has led to more negotiations and fewer bidding wars, which is tempering month-over-month price growth to a […]