Key Market Indicators – February Recap 2022
Southwest King County Housing Update - Resale Only
Buyers can look forward to more available homes this spring, as more listings are on the way. Historically, the number of new listings bumps up in March and April, then goes up even higher in May and June. Last year, new listings in Southwest King County went up 59 percent from February to March; this trend is likely to continue in 2022.
In Southwest King County, Sales Activity Intensity™ is uber-frenzy up to the $2 million price point (98 percent of sales activity). There is very strong sales activity for homes priced above $2 million.
More Listings on the Way
Average % of
New Listings (Pending)
in the First 30 Days
Unbelievable Interest Rates
Source: Mortgage News Daily
THE PRIME-TIME LUXURY MARKET
Spring is almost here, and with it comes the prime-time luxury real estate market! This season provides the best selection of luxury homes for sale, maximizing opportunities for those looking to buy or sell a luxury home. The prime-time luxury season runs from March through October.
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