2015 in Review: How Is the Market?

As we look back at real estate in 2015, the big news has been a steady growth in home values across the region—sellers in areas such as Mercer Island and Seattle even saw double-digit price gains compared to 2014. Sellers also enjoyed shorter market times as buyers were forced to compete for the relatively small number of homes for sale. The good news for buyers was our continued rock-bottom average interest rate (just 3.85%!), which kept mortgage payments low despite rising prices.

How is the market in your neighborhood?  Click on my reports for Mercer Island, the Eastside, Seattle, Waterfront and Condos to find local info for your area.