Seattle Real Estate Market April 2023 | VIDEO

3 KEY INDICATORS


We like to take a close look at these 3 indicators to answer the question, how is the Seattle real estate market in April 2023?

  1. % of new listings that go pending within the first 30 days of being on the market – 63.1%
  2. Current interest rates – 6.44% (mortgage news daily)
  3. Housing inventory levels – 1.2 months supply

HOW’S THE CURRENT MARKET? THIS MONTH’S SEATTLE REAL ESTATE MARKET REPORT


FRENZY SPRING HOUSING MARKET

The housing market activity for new resale listings has been running at a frenzy level of Sales Activity Intensity™ over the last few months.

This activity is for new resale listings going under contract within the first 30 days on the market. In March, Seattle saw this intensity level on homes priced up to $2 million, representing 96% of the sales activity.

J Lennox Scott, CEO of John L. Scott and 29th Most Influential Person in Real Estate

SEATTLE REAL ESTATE MARKET VIDEO TRANSCRIPT

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