September Market Update

September 21, 2018

"Life starts all over again when it gets crisp in the Fall."

- F. Scott Fitzgerald

This quote seemed fitting as life is not necessarily anew, but we are in the midst of a seasonal and market shift. Our inventory levels are increasing in comparison to this time last year (up 66% YOY). It appears we are approaching a more balanced market, which is the relief we have needed for some time in the Seattle-area.

Other current market stats:

Median Sales Price - King Couty: $610,000
(up 4.3% YOY)

Median Sales Price - Seattle: $700,000
(up 1.6% YOY)

Median Sales Price - Eastside: $837,000
(up 11.6% YOY)

Avg. Days on Market - Seattle:: 17
(up 21.4% YOY)

Avg. Days on Market: Eastside: 19
(up 11.8% YOY)

With much enthusiasm, I've also launched two new downtown Seattle listings in Belltown Court, a new website, and logo. Take a peek.

​​​​​​​Wishing you a refreshing Fall, Emily

Real Estate in the News

​​​​​​​Seattle Dethroned as Nation’s Hottest Market After Two Years

When it came to home-price spikes, Seattle was king for quite some time. After a cool-down in the market, there’s a new frontrunner. Find out who stole the top spot and where the city’s market is headed right here.

​​​​​​The Number of Mortgage-Free Homes is on the Rise

Despite record-breaking housing costs, the number of mortgage-free homes grew by 36 percent between 2010 and 2016. Read why one in four Seattleites now owns their home outright—and how they got there here.

Local Events

The Best Cocktail Bars in Seattle

There might not be much vitamin D in this city, but there are plenty of clever cocktail bars to keep residents happy. Eater Seattle has an interactive map of the top mixology spots near you. Find the full list here.

Tips & Tricks

Labor Day has come and gone, bringing the inevitable transition to fall along with it. While the trees may still be green, it's time to once again embrace change.

30 Fall-Inspired Decor Ideas

As the summer dust settles, take the time to reinvigorate your space. From micro-changes to jaw-dropping renovations, Elle Decor has collected the best fall-inspired design ideas in this article.

​​​​​​​The Most Beautiful Interior Design Books Arriving This Fall

With a new season comes new releases, and interior design books are no exception. Bring some color to your coffee table with one of these newly minted design compilations, as recommended by Vogue in this article.

Connect with ERH

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