Tag Archives: John L. Scott Real Estate Broker

Market Update

Normandy Park, Real Estate, , ,

Normandy Park Q2 Market Report

The inventory of homes for sale in Normandy Park has dropped, the median sales price has increased and the average days on market has decreased. This coupled with historically low interest rates resulted in homes selling faster and for higher prices due to the higher demand. Despite the pandemic, the real estate market continues to show resiliency.

There’s still time to make your real estate goals happen this summer. Let’s talk!

Hot Off The Press

Burien, Des Moines, Normandy Park, Real Estate, West Seattle,
  • Seattle’s not the only place with increasing home prices. Record rising home prices have hit the suburbs. The median single family home price in Southwest King County (Burien, Tukwila, Des Moines, Normandy Park, SeaTac, Federal Way and West Kent) increased 11.2% last month compared to February 2016. North King County (Shoreline, Lake Forest Park and Kenmore) median home prices rose by 16.6%, according the Northwest Multiple Listing Service.
  • Did Seattle’s population just hit 700,000? According to Mayor Murray in his State of the City address, 67 people per day moved to Seattle in 2016. If true, this pushed the city population over the 700,000 mark. You can’t help but wonder what these people think about all our rain?
  • The cost of a parking spot: A designated spot in the Park Slope Garage in Brooklyn New York is on the market for $300,000. That’s the same price as a condo in other parts of the neighborhood.   The Associated Press as printed in the Seattle Times.