Year over year median sales price was up 19% in Normandy Park last year. The 2019 housing market is positioned for another active year. However, we expect the home price appreciation pace to be more moderate than we have seen in previous years.
Tag Archives: Homesbythesound.com
Happy New Year!
Keeping The Changing Market in Perspective
Interest Rates are Rising: Yes, those 3.85% interest rates from a year ago are a thing of the past. Experts predict mortgage interest rates will hit and hover around 5% in 2019. When you consider the average interest rate in 1981 was almost 17% – 5% still seems pretty amazing!
Inventory is Up: The number of active listings in King County is up 135% compared to a year ago. While supply is improving, it’s still considered well below the 4-6 month level industry analysts use as a gauge of a “balanced market”. The added inventory has been welcome news for buyers and homes that are priced right are still selling quickly.
Median Price in King County is Up: The median home price in King County was $643,913 in November, according to statistics from the Northwest Multiple Listing Service. That’s up 2.47% since January.
December Housing Update
Southwest King County Housing Update – September Recap
Easy Commute to Safeco
It’s only 12 miles from Normandy Park to Safeco field! That means less time in traffic and more time at the ballpark. Boom!
Des Moines Offers a Vibrant Condo Community
J
Just listed this beautifully updated downtown Des Moines condo with Puget Sound Views.
MLS# 1273697 List Price $495,000
March Housing Update
Just Listed In Normandy Park
Wonderful 4 bedroom, 2.5 bath home in the heart of Normandy Park. Listed at $635,000. More information at www.johnlscott.com/78966.
Property Tax Distribution
Here’s where your money goes!
