Groundhog Day 2017 Update

Punxsutawney Phil saw his shadow and we’ve got six more weeks of tight inventory. This week we saw 200 new listings come online in the Seattle/Bellevue/Kirkland areas that we’re closely monitoring and 36 are already sold. New listings are down13% this week and percent sold the same week is up to 18%. Last week we felt a slight breather in the market and that continues to be the vibe this week.

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