In our local market, we’ve noticed an interesting trend: an increase in the Median Days-on-Market for the majority of communities. Let’s dive deeper into what this means and how it impacts buyers and sellers.
Median Days-on-Market is a crucial real estate metric that measures the time it takes for homes to sell. With the recent increase, it suggests that properties are staying on the market longer before finding a buyer in our area.
For sellers, this shift indicates the importance of strategic pricing, effective marketing, and making homes stand out in a competitive landscape. Understanding buyer preferences and working with experienced professionals can help navigate these changes and optimize the selling process.
Buyers, on the other hand, can benefit from the increased Median Days-on-Market. It provides them with more opportunities to explore available properties, negotiate favorable terms, and conduct thorough due diligence before making a decision.
At MSIR, we stay attuned to the local market trends. Our expertise in this evolving landscape empowers us to guide both buyers and sellers effectively, ensuring they make informed decisions that align with their goals.
For more detailed information on over 60 area communities, take a look at our latest Market Report!
Erin Harold is an International Real Estate broker. Her areas of expertise include residential and commercial real estate, real estate investing, horse properties, farm and ranch properties, vineyard properties, golf properties, resort properties, island and waterfront properties, ski chalet properties, real estate management, and all areas of international real estate around the globe.
Erin has lived in New York, Washington, Oregon, and Idaho. She has lived in the Seattle area for nearly two decades and is well versed with all of its distinct neighborhoods. She can find you the most intriguing legacy properties in this living masterpiece that is Seattle, or tranquil properties that are their own works of art, in its majestic surrounding areas.
Whether locally or globally, she can find exactly what you dream about.
Erin has a reputation for excellence and a unique talent for understanding her clients every desire. She can find exactly what they are looking for every time and deliver that to them professionally, efficiently, and precisely. She is unparalleled in customer service, and embodies all of the qualities that discerning clients appreciate. She is sophisticated, confident, inviting, discreet, savvy and refined. As a result she has developed a very loyal clientele who are 100% satisfied with their results.
She artfully unites extraordinary homes with extraordinary lives.
Throughout her career, she has built a large community of influential business associates locally, nationally, and internationally. She elegantly connects architecture, building and permitting, real estate investing and marketing, real estate law, and the first time home buyer. Erin has the expertise to provide for anything that her clients may need and the resources available to assist them in finding the right answer to their questions.
Erin will show you what she is known for: Excellence, results, and exceptional customer service.
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