Posts tagged team skally advantage
Team Skally's Market Minute | 🏡 Housing Market Balance – What It Means for You

Over the past several months, we’ve been forecasting a notable shift in the housing market—and in June, that shift became official. The Eastside market has transitioned from a seller’s market to a balanced market, where neither buyers nor sellers have a clear upper hand.

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Team Skally | Market Update

While 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.

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