February saw multiple offers over asking price on may homes. At month end, there were 9,091 active listings over 23 counties. This was a drop of 25% from one year ago. The median price of a home rose from $439,950 to $502,000 which was 14.10% increase than 2016. The average time on the market was 1 more day than this time in 2016. New listings for homes and condos in King County decreased 14.40% from 2,791 to 2,389. Closed home and condo sales were at 1,793 compared to 1,824 this time last year.
I have been helping first time home buyers, real estate sellers, corporate relocation clients, and real estate investors for over 10 years. I am currently offering two promotions to help save you money on your next purchase or sale of a home. Buy any home in the area from me and I will give you a rebate up to 50% of my selling office commission plus a 1 year home warranty. Most lenders will allow you to use the rebate to pay for closing costs, buy down your interest rate, pre-paid items, and HOA dues. Sell your home through me at full service for 1% listing fee. Restrictions may apply, contact broker for details.
For more information – please call Neil Ahluwalia with Agency One directly at (425) 757-0271 or visit www.BigHomeRebate.com