Where the Eastside Is Quietly Moving
Bellevue, Kirkland, Redmond, Sammamish, and Issaquah - which neighborhoods are leading the spring cycle, and which are quietly catching up.
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Inventory is up year-over-year for the first time in three cycles, but buyer demand in the $1.5M-$3M band has stayed remarkably durable - particularly in Bellevue, Kirkland, and Mercer Island. Here's what that's telling us about the next 90 days.
Days on market have crept up modestly in the entry-level segment, but homes priced to the comp are still receiving multiple offers within the first week. The strategy this spring is precision pricing - not aggressive pricing.
Read the Full UpdateBellevue, Kirkland, Redmond, Sammamish, and Issaquah - which neighborhoods are leading the spring cycle, and which are quietly catching up.
ReadThe unwritten rules of writing offers in the PNW - earnest money, escalation clauses, and the value of pre-inspection.
ReadHow fronting prep costs - and recouping at closing - is the most under-used tool in modern real estate.
ReadMortgage rates, inventory, and the new construction pipeline across King and Snohomish - what the Eastside is showing first.
ReadThe pre-inspection has become a default move in competitive offers - but it isn't always the right call.
ReadHow school district lines shape pricing - and where the boundaries are still mispriced relative to demand.
ReadNew writing every couple of weeks. For the weekly version - market data, neighborhood notes, and listings worth watching - subscribe to The Service Weekly below - weekly notes on King & Snohomish counties.
Weekly notes on what's moving, what's not, and the occasional Pacific Northwest listing worth watching. Written by me, sent every Wednesday. No spam - just the SERVICE you deserve.