What really happened in Seattle’s housing market this May? In this month’s RE radar, I break down key trends in both residential and condo sales — including why prices are slipping, pending sales are shifting, and why even with a flood of new listings, closed transactions are still way down.
We’ll talk about:
🏠 Median price drops from April to May
📉 28% fewer closed sales compared to 12-year average
📈 Listings climbing, but buyer demand stalling
📊 Condo prices continue to fall month over month
💸 Why older buildings and special assessments may be scaring buyers off
If you're trying to make sense of Seattle’s ever-shifting housing market, this update will help you feel a little more grounded. Questions? Drop me a message — I'm always happy to help.
#realtor #podcast #seattle #seattlerealestate #seattleshousing #homebuyers #homesellers
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