Welcome to our Lifestyle & Real Estate blog.
Shift Happens! Throughout the year, we’ve been sharing shifting market conditions, and May represented a significant tipping point in favor of buyers. Homes available for sale doubled over last year, with over 2 months' supply of inventory on the market. This sharp increase in inventory resulted in a 4% reduction in the median sold price versus last year.
Read MoreOur 2025 market predictions are playing out mostly as we expected. The seasonal wave repeated the trend of previous years, with the median sold price on the Eastside rising monthly from December through March. In March, the median sold price on the Eastside was $1.71M, nearly an 11% increase from December of 2024.
Read MoreWhile listings increased 17% over last year, persistent demand outpaced inventory. There was just 1.1 months of inventory on average throughout 2024, down 14% versus last year. The lack of inventory and moderating interest rates led to the median sold price on the Eastside being up to $1.59M or +12% vs. last year.
Read MoreThe traditional seasonal cooling is reflected in the median sold price on the Eastside dropping nearly 3% month over month. The longer view demonstrates that Homes are still selling for way more than they were two years ago, 24% to be exact!
Read MoreSLOW DOWN TO SPEED UP!? Have you heard that simple saying before? Well, it describes perfectly the state of the market.
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