Tag Archives: Normandy Park Real Estate

The Secret Is Out!

Burien, Des Moines, Normandy Park, Real Estate, , , ,

With buyers moving out of the city in search of more space and lower prices, South King County has become a HOT spot. The cities of Burien, Des Moines, Normandy Park, SeaTac and Tukwila have seen an influx of new home buyers who are enjoying the parks and beaches along with the easy access to freeways, the airport and downtown Seattle.

Normandy Park Market Activity

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The Normandy Park real estate market is following the regional trend where homes are listed one day and quite literally SOLD the next. Every May we begin to see an uptick in the number of houses coming on the market but with the large backlog of buyers we expect sale activity to remain strong all summer! Below are the latest stats for Normandy Park residential real estate. Reach out if you have questions!

Just Listed: Normandy Park

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Pending in 4 Days!
1369 SW 174th St
5 Beds  |  3.75 Baths  |  3,640 Sq. Ft $997,000
This Normandy Park home has it all: Ideal location, Puget Sound views, and room for everyone!
Pending in 6 Days!
8132 Marine View Dr SW 
3 Beds  |  2.75 Baths  |  2,410 Sq. Ft
Listed at  $750,000
Entertainment sized living room with vaulted ceilings, stunning stone fireplace, Puget Sound views from the deck and generous sized backyard.

Median Sales Price

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How Does Normandy Park Compare?

We’ve all heard that the lack of inventory, strong job growth and higher demand have driven housing prices up throughout our region. These price increases vary by area but the overall upward trend is the same.

I compiled the map and chart below to give you a sense of how Normandy Park home prices compare to our surrounding area neighbors. You will notice that the median sales price in Normandy Park is up +19.1% over just the last two years! Incredible – but why is that?

Many home buyers have been priced out of Seattle and are exploring the surrounding neighborhoods. Normandy Park has proved to be a great alternative for buyers looking for a family friendly community in a very convenient location.

Real Estate in The New Year!

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The 2020 residential real estate market in the Puget Sound region is already heating up! Buyer demand is high and inventory is low resulting in quick sales in affordable and mid price ranges. Interest rates remain low and our local job market strong.

There are several issues that may affect our real estate market in the year ahead: Trade wars, political uncertainty and the election may leave their mark on our housing market. That being said I’m optimistic and excited to see what 2020 will bring!

If you have real estate needs in the year ahead, I hope you’ll give me a call. I’m here to help.  Happy New Year!