My wife and I enjoyed working with Jason during the buying and selling process. He was eager to answer questions and help us throughout the entire process from initiation to close. Given the chaos in today’s real estate market, it was great to have Jason there to navigate the negotiation process with us. Thanks Jason!
Jason’s a great realtor. I am new to WA therefore I had many questions regarding different cities and school districts, he always got back to me right away. He’s very easy to get along with and very knowledgeable about the area. He made the whole process of finding and buying my home very easy!!
Jason was just incredible. I honestly couldn’t ask for a better realtor through this process. He was always willing to go the extra mile to make sure were happy, and always there with sound advice (even when it didn’t benefit him). Really happy we worked with him and will continue to work with him! 🙂 He’s as good as it gets!
With competition for homes growing and inventory shrinking, the real estate market in January was as hot as ever. Home prices were up by double digits as buyers chased severely limited inventory. The number of homes for sale hit a record low for the month of January, which should strongly favor sellers as we move into the prime spring selling season. The average home seller in our area now makes a 64 percent profit, the fourth-highest rate of any region in the country, according to ATTOM Data Solutions.
Home prices on the Eastside continue to climb. The median price of a single-family home was up 18 percent over last January to $938,000 — virtually unchanged from the record high set a month ago. West Bellevue, King County’s most expensive area, saw the median home price surge to a record high of $2.72 million. With less than a month of available inventory, prices aren’t expected to cool any time soon.
An ongoing shortage of inventory combined with an economy that continues to add jobs has kept the Seattle housing market very competitive and increasingly expensive. Seattle’s median price hit a new record in January jumping 19 percent to $757,000. Despite the increase in prices, brokers are reporting open house traffic that can number in the hundreds of interested buyers.
Single-family home prices in King County soared 20 percent over a year ago to $628,388, with double-digit increases recorded in every area of the county. Lack of inventory continues to fuel the market. There were 21 percent fewer homes for sale here as compared to a year ago, with inventory hitting a record low for the month of January. The region has now been the hottest housing market in the country for 15 months in a row.
Home price increases in Snohomish County were more moderate than those in King County. The median price of a single-family home grew 10 percent over a year ago to $450,000. That number is down from the high of last year, and reflects a more common seasonal slowdown.