RECENT BLOG POSTS
Across the Northwest Multiple Listing Service inventory is down over 23% and prices are up 15% from last year. Prices in Seattle, while not as impressive, are still up 5.3%.  Other areas of King County have seen large gains. For example, Vashon prices are up 33% and the Eastside is up 17.3%.  The...
11/10/2021
Real estate inventory continues to be low.  While new listings outpaced pending sales, it was very close.  In September there were 11,373 new listings with 11,318 pending sales.  That makes this September the second best September for pending sales in the last 20 years.  Therefore, overall real e...
10/19/2021
NWMLS Real Estate ReportYear over year, closed sales are up 23% and pending sales have increased nearly 8% which has caused real estate inventory to decrease to 43% and prices to increase to 13.8%.  While inventory is down 43%, it varies per county by quite a bit.  For example, King County invent...
12/17/2020
Update on Greater Seattle Condo MarketThe Seattle condo market has been steady in 2020. For example, through October 2020 the average Seattle condo price in Downtown and Belltown is just over $839,000. In contrast, the average condo in the area sold for over $863,000 in 2019, but that is only par...
11/05/2020
Inventory Down Despite a Plethora of New ListingsThe Seattle real estate market is in King County which is one of the 23 counties that combine to make the Northwest Multiple Listing Service (NWMLS).  While interest rates are low on a national level, the local home inventory is the big story.  The...
09/11/2020
Seattle is surrounded by water with Puget Sound to the west and Lake Washington to the east.  In addtion, Seattle is essentially cut in half by Portage Bay, Lake Union and the Ship Canal.  Seattle also has smaller lakes such as Green Lake, Bitter Lake, and Haller Lake. Finally, Seattle features t...
08/25/2020
Most have seen the headlines such as “Seattle Rents Now Growing Faster Than in Any Other U.S. City” discussing the ever increasing rents in Seattle.  While this news has been true in recent memory (meaning last year and earlier this year), the Seattle rental market has seen some signs of relief f...
12/06/2016
Like the rest of Seattle, the Broadmoor real estate market is very strong. Through the first ten months of this year, there has been 19 sales.  The average sales price is almost $2.9 million with a median sales price of $2.55 million.  For the same ten months last year, there 17 sales with an ave...
11/09/2016
As some of you may know, real estate in Belltown is booming! But do you know by how much? With all the new buildings going up in the neighborhood one can just assume how many people are attracted to the hip and trendy area. There are currently 93 pending listings, 45 of them being in the Insigni...
07/26/2016
Broadmoor has long been an exclusive Seattle gated community with large homes and quiet streets.  A few minutes from the shops and restaurants of Madison Park as well as easy access to Downtown Seattle and other Seattle and Eastside neighborhoods.  Buying a home in Broadmoor is rarely accomplishe...
06/14/2016
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Ewing and Clark is Washington State's oldest real estate company. This blog highlights what's going on in the national and Seattle real estate market as well as some of our most unique listings.