Nationally, the U.S. real estate market is certainly putting some boldness into its recovery, as indicated by recent reports. February existing home sales shot up 10.2% from a year ago, the fastest sales pace since the homebuyer tax credit boost in November 2009. The median existing home price is UP 11.6% nationally versus a year ago and has now posted year-over-year increases 12 months in a row.
In Seattle, we can see that the median 3-bedroom home in 98115 sold for $439,975 in 23 days in 2012. This year, that same median 3BR home sold for $464,000 in 11 days! Multiple offers on houses in high-demand Seattle neighborhoods are now the norm.
If you have been sitting on the fence wondering whether now is the time to sell, I would be happy to provide a free, no-obligation home evaluation over the internet. This will give you a ballpark figure for what your home sale might bring in today's market. I also include all the various closing costs that you will incur as a seller, so you will know exactly what you will have left in your pocket after all expenses.
If this would be helpful, please contact me at HomeLandInvestment@gmail.com or call 206.274.0800.