Market Update - April 2021

In the latest episode of Market Update for April 2021, Aaron Janus and Diane Davi give us an in-depth look at the current state of the Seattle real estate market. Home sale prices continue to rise across King County - an increase of 14% year-over-year, to $740,000. Demand from Seattle area home buyers remains strong, and coupled with a dearth of new listings coming on the market, is resulting in a competitive seller's market with just 0.6 months of homes available for purchase. The 30-year fixed-rate mortgage rate has ticked up a bit to 3.13%, and will likely continue rising slightly. The homes that do come on the market are selling quickly. If you are considering a move this spring, let our team take care of you. Contact us today to get the process started.