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!
Sunday, October 16th 12:00pm – 3:00pm
Friday, September 30th 4:00pm – 6:00pm
Saturday, October 1st 12:00pm – 3:00pm
Sunday, October 2nd 3:00pm – 6:00pm
|Plaza on State Street|
|This gorgeous 2-Bedroom, 2-bathroom, this light-filled condominium is nestled on the second floor of the sought-after Plaza on State Street building. Just steps to the coveted downtown Kirkland district, known for its pleasant Lake Washington waterfront park, the library, famous restaurants, boutique shopping district, and enjoyable nightlife. With a territorial view, it sits directly across from the Kirkland library and its popular surrounding park. A short walk to the new Google Kirkland Campus, and the popular PCC Market. It offers a secure storage unit, and 2 assigned covered parking spaces. The building will be updating to a smartcard entry system shortly and offers secure entry and gated covered parking with two additional visitor lots. It boasts a strong, well-managed HOA, with all special assessments having been paid in full by the seller. This property is located within the award-winning Lake Washington school district and is convenient to commute. A rare opportunity, that will not last. Come see your new home.|
Fri Apr 22 2022 3:00pm — 6:00pm
Sat Apr 23 2022 10:00am — 4:00pm
Sun Apr 24 2022 10:00am — 4:00pm