June 2024 Housing Market Update for Western Washington’s Puget Sound Region

Thanks for watching The Goelzer Home Team's monthly housing market update for the Western Washington Puget Sound Region. Are you or somebody you know looking to buy, sell, or invest in the Seattle / Bellevue / Tacoma / Puyallup / Olympia areas? If so, our team is here to help!

To search homes currently for sale in the Puget Sound Region, go to: http://NewListings.GHTHomes.com

To request a free Comparative Market Analysis to see your home’s value, go to: http://HomeValue.GHTHomes.com

If you have questions about buying, selling, or investing in real estate, please call (253) 244-3433 to speak with a REALTOR® for free. (Licensed real estate agents are available 7 days per week from 8:00AM to 9:00PM PT)

HOUSING UPDATE SUMMARY:

►Interest Rates Holding Steady: Interest rates continue to hover around 7% and are predicted to remain steady throughout the summer.

►Homes for Sale (Inventory) is Increasing: Year-over-year inventory levels have improved dramatically. Relative to May 2023 the number of homes available has increased by 41%.

►Prices Up, but Starting to Stabilize: Washington counties covered by the NWMLS saw an overall increase of 7% in the median price of sold homes, relative to May 2023.

►It Just Might Be Time to Make that Move: With interest rates holding steady, inventory levels increasing slightly, and price increases starting to slow down, it may be the time to think about pursuing your real estate goals.

The full article with further details is available on our blog at: http://www.GHTHomes.com​​

The Goelzer Home Team
Keller Williams Realty Puget Sound
33434 8th Ave S, Ste. 103
Federal Way, WA 98003
(253) 244-3433

Each office independently owned and operated. Information and statistics compiled and reported by the Northwest Multiple Listing Service.