January 2025 Market Report
Market Report James Campbell February 14, 2025
Market Report James Campbell February 14, 2025
The Seattle real estate market continues to exhibit strong momentum into 2025. While interest rates have stabilized, the market remains competitive, with buyers actively seeking well-maintained properties.
Interest Rates: Interest rates have remained relatively steady, providing some relief to buyers.
Inventory: Inventory levels have improved, but demand still outpaces supply in many neighborhoods.
Demand: Buyer demand remains strong, particularly for single-family homes and condos in desirable locations.
Pricing: Prices have continued to appreciate, although the pace of growth has slowed compared to previous months.
Strategic Planning: Buyers should work closely with their real estate agent to develop a comprehensive home-buying strategy.
Competitive Edge: To stand out in a competitive market, buyers may need to be prepared to act quickly and offer competitive offers.
Pricing Strategy: Sellers should consult with their real estate agent to determine an optimal listing price.
Home Presentation: A well-presented home can attract more buyers and potentially command a higher price.
The Seattle economy remains robust, with continued job growth and a strong tech industry. This positive economic outlook is expected to support the real estate market in the coming months.
Note: To provide a more accurate and up-to-date market analysis, it is recommended to consult with a local real estate professional.
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Thank you for the acknowledgment, Coldwell Banker! The International President’s Circle places me among the top 4% of brokers in the Coldwell Banker network. What an honor! Thank you to my clients and referral network for this accomplishment. Cheers to 2024 and a successful 2025!
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Real estate, for me, is about obsessive and detailed customer service. Customer service is not just a strength of mine, it is my professional and personal North star. Whether you’re looking for your first, next, or moving from your current home, I look forward to helping you on your home buying or selling journey.
