Welcome to your latest Shoreline real estate market update! In this video, we dive into the April sales figures to give you a clear picture of what’s happening in the local housing market right now.
Key highlights from this month’s report include: • Median Sales Price: $825,000 (down slightly from $844,000 in March). We even look at a 2,000 sq. ft. home in the Echo Lake neighborhood that sold for exactly this price. • Sale-to-List Price Ratio: 100% – meaning homes in Shoreline are selling right at their asking price on average! • Average Days on Market: Just 17 days. • Inventory / Absorption Rate: A low 1.1 months, indicating that based on the current rate of sales, it would take just over a month to sell everything currently on the market. • Pending Sales: 44 homes went pending, alongside an average price per square foot of $494.
Whether you’re looking to buy your dream home or preparing to sell in Shoreline, understanding these local market trends is crucial.
Click here to watch the video and learn the exact 7-step process we use to help you maximize your net proceeds when you sell—so you feel confident you’re not leaving money on the table:
If you have questions about this information or the real estate market in general, please reach out! I would love to hear from you and help you navigate your real estate journey.
Contact Information: Chris Byler Phone: 206-601-8945 Email: ChrisByler@windermere.com Website: www.NorthEndHomes.com
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