Seller’s market cooling down

Helping clients sell and buy Puget Sound Properties

Seller’s market cooling down

Good article from Seattle Agent Magazine July 8. The seller’s boom is over. Sellers are reducing prices, inventory is increasing, competition is declining and mortgage rates are moderating (for now). Nationally, home are remaining on the market 18 days – flat from 2021 and 52% are selling above list price, down a point from 2021.