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Key Market Indicators – June Recap 2021
Eastside Housing Update - Resale Only
The Eastside market is virtually sold out up to $5 million, which places extra focus on each new resale listing as it comes onto the market. We expect this extremely high intensity will continue in most price ranges locally into the spring of 2022, due to historically low interest rates creating a large backlog of buyers looking to purchase a home.
Sales Activity Intensity™ is predominantly at extreme frenzy on the Eastside for homes priced up to $2 million (90 percent of sales take place in this range). Ultra-luxury homes priced over $2 million are seeing extremely strong sales activity.
Average % of
New Listings (Pending)
in the First 30 Days
Unbelievable Interest Rates
Source: Mortgage News Daily
86%
Current
3.18%
30%
Normal
It’s All About Each New Listing!
SEARCHING FOR NEW LISTINGS WITH JOHN L. SCOTT
The home search on JohnLScott.com offers many options for buyers looking for their next home. Search by geographic area or school district boundary, then filter your results by listing status, price, property type, home features and more.
You can also set up text notifications of new listings that fit your desired criteria, so you’ll be in-the-know when promising new homes come on the market!
Tap to enlarge and zoom
SEARCHING FOR NEW LISTINGS WITH JOHN L. SCOTT
The home search on JohnLScott.com offers many options for buyers looking for their next home. Search by geographic area or school district boundary, then filter your results by listing status, price, property type, home features and more.
You can also set up text notifications of new listings that fit your desired criteria, so you’ll be in-the-know when promising new homes come on the market!