3.77%
June List 2019
Eastside Housing Update - Resale Only
SCALE: MONTHS SUPPLY
Average % of
New Listings (Pending)
in the First 30 Days
Normal
Nearby schools are an important part of the equation when buying or selling a home, which is why John L. Scott Real Estate launched a school search function on our website and app last year. To use the feature, search the name of the school you’re interested in and select it from the drop-down menu. Once selected, you’ll see a map of the school boundaries and all the current active listings within this area. When looking at a school, that school’s district, county and GreatSchools rating will appear.
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50%
Summer is here, which is when the highest number of homes go under contract. However, it can feel like the market slows down during the summer, due to the greatest number of new listings coming on the market, which creates disbursed buyer energy. When comparing July 2019 to July 2018, new resale listings are down and the number of homes under contract are up on the Eastside. From June to July 2019, unsold inventory is lower.
Sales were strong in the luxury price ranges in July, with more pended listings last month than in the prior July.
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5
3
Current
Amazing Interest Rates
JOHN L. SCOTT’S SCHOOL SEARCH
5
Nearby schools are an important part of the equation when buying or selling a home, which is why John L. Scott Real Estate launched a school search function on our website and app last year. To use the feature, search the name of the school you’re interested in and select it from the drop-down menu. Once selected, you’ll see a map of the school boundaries and all the current active listings within this area. When looking at a school, that school’s district, county and GreatSchools rating will appear.
30%
Source: Mortgage News Daily
JOHN L. SCOTT’S SCHOOL SEARCH
4
Current
It’s Not the Lazy Days of Summer for Housing
Key Market Indicators – July Recap
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