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Numbers to Know: The Forces Impacting Today’s Housing Market The latest numbers are in, and the housing market may be feeling the effects of global conflict more than ever. Windermere Principal Economist Jeff Tucker connects the dots between oil prices, inflation, mortgage rates, and this spring’s real estate market. Watch the full breakdown in this month’s episode of Numbers to Know. #KarenBalkin #WindermereEconomics #MarketNews #MarketUpdates #HousingMarket #SeattleRealEstate

6 days ago

Wishing you a meaningful Memorial Day as we remember and honor those who served. #MemorialDay #KarenBalkin #ManagingBroker #EliteHomesTeam #WindermereRealEstate

a week ago

Motherhood: powered by love, fuelled by coffee, sustained by deep sighs. #MothersDay #CelebrateMothers #KarenBalkin #ManagingBroker #EliteHomesTeam

3 weeks ago

May Real Estate Market Trends and Stats Seattle April reinforced Seattle’s status as one of the most competitive markets in the region. The median residential sold price came in at $998,899, down 3% from April last year, with 38% of homes selling above asking, indicating that well-priced homes are still attracting multiple offers. With 1.9 months of inventory, savvy sellers still hold the advantage. Strategy matters now more than ever – let’s connect to decide what yours should be. Eastside The Eastside continues to see inventory rise and prices fluctuate. In April, the median price for a single-family home landed at $1.61M, a 4% seasonal jump from March, though 5% below last year’s number. Sellers had to adjust to the changed market as 56% of homes sold below asking or after a price reduction, creating a window for buyers ready to make a move. Let’s discuss how today’s market conditions influence your plans. Reach out anytime to discuss how these trends may impact your plans! #KarenBalkin #EliteHomesTeam #WindermereYarrowBay #RealEstateAdvice #LuxuryRealEstate

4 weeks ago

April Real Estate Market Trends and Stats Seattle The Seattle market remained competitive in March, even as prices softened. The median sold price for a single-family home fell 6% from last year to $944K, while buyer demand continued to drive quick sales and multiple-offer scenarios—78% of homes sold within 30 days and 37% sold above asking. Even with more inventory than last year, well-positioned homes are still moving quickly. Let’s chat about how to navigate today’s market and make the most of your next move. Eastside While the Eastside’s median residential sold price ($1.55M) dropped 9% from March 2025, prices remained relatively stable so far this year, pointing more to prior recalibration than a true slowdown. Buyer activity is still strong, and competition is still high, with 80% of homes selling within 30 days and 32% closing above asking price. Inventory levels do reflect a more balanced market, giving buyers a bit more leverage than at this time last year. Let’s connect and talk about how these trends impact your real estate plans. Let’s take a closer look at how this informs your next move. #KarenBalkin #EliteHomesTeam #WindermereYarrowBay #EastsideRealEstate #SeattleHousingMarket #LuxuryRealEstate #HousingTrends #RealEstateAdvice #marketupdate

8 weeks ago

Happy Easter Everyone! #KarenBalkin #ManagingBroker #EliteHomesTeam #RealEstateServices #EasterDay

8 weeks ago

Eid Mubarak! #KarenBalkin #EliteHomesTeam #WindermereYarrowBay #EastsideRealEstate #EidMubarak

11 weeks ago

Welcome, Spring! A wonderful season of renewal and fresh beginnings! #KarenBalkin #ManagingBroker #EliteHomesTeam #RealEstateServices #HelloSpring

11 weeks ago

Happy St. Patrick’s Day! Wishing you a wonderful day of celebration! #KarenBalkin #ManagingBroker #EliteHomesTeam #RealEstateServices #StPatricksDay

11 weeks ago

March Real Estate Market Trends and Stats Seattle After a slower start to the year, Seattle’s housing market picked up in February. The median residential sold price reached $962,500, a 13% increase from January and nearly unchanged from last year. The strong month-over-month jump points to increased buyer activity, and with it, rising competition. Seventy-one percent of homes went under contract within 30 days, and 35% sold above asking price. Reach out to discuss the best strategy for achieving your real estate goals in today’s market. Eastside The Eastside market gained some momentum in February. The median sold price for a single-family home rose to $1,566,782, up 9% from January, though still 7% below the same time last year. Buyer activity and competition began to build ahead of the spring market, with 20% of homes selling above asking price and 64% going under contract within 30 days. Let’s connect to discuss the best strategy for navigating today’s evolving market. Let’s chat about what this means for your next move. #KarenBalkin #EliteHomesTeam #WindermereYarrowBay #EastsideRealEstate #SeattleHousingMarket #MarketUpdate

12 weeks ago