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Key Market Indicators – December Recap 2021
Eastside Housing Update - Resale Only
2022 is here, and January 1 marked a historically low level of available unsold inventory on the Eastside. Fresh off the heels of the holiday season and snowy weather, the local market will see continued strong buyer demand, multiple offers and premium pricing.
The entire market on the Eastside is virtually sold out. Nearly every price range locally is at uber-frenzy Sales Activity Intensity,™ and the luxury price ranges are particularly hot.
Average % of
New Listings (Pending)
in the First 30 Days
Unbelievable Interest Rates
Source: Mortgage News Daily
88%
Current
3.29%
30%
Normal
New Year Housing Kick-Off
JOHN L. SCOTT’S 2022 HOUSING FORECAST
The year 2022 is poised to be another great year in residential real estate, with strong buyer demand shaping the market. We’ve outlined what’s in store in our 2022 housing forecast, which is available now!
Reach out to your trusted John L. Scott broker associate if you’d like to view the 2022 housing forecast and discuss what the market changes are likely to mean to you in the coming year.
Tap to enlarge and zoom
JOHN L. SCOTT’S 2022 HOUSING FORECAST
The year 2022 is poised to be another great year in residential real estate, with strong buyer demand shaping the market. We’ve outlined what’s in store in our 2022 housing forecast, which is available now!
Reach out to your trusted John L. Scott broker associate if you’d like to view the 2022 housing forecast and discuss what the market changes are likely to mean to you in the coming year.