Summertime is traditionally slower in our region’s real estate market, as Seattleites pause and take time to enjoy the warm weather, families spend more time together with kids out of school, and residents leave for summer vacay and other fun activities. However, this summer “the total number of single-family homes on the market jumped an eye-popping 43 percent in June from a year ago across King County, the biggest increase since the housing bubble and burst a decade ago,” according to the Seattle Times.
Read MoreThere were $1.72 billion in single-family home sales in the Ballard and Green Lake area of Seattle, at a median selling price of $750,000. This was 13.6 percent higher than the 2016 annual median price of $659,950, just short of advancing home prices in neighboring North Seattle.
Read MoreSingle-family home selling volume reached $1.04 billion in North Seattle, at a median selling price of $776,000, 14.1 percent higher than the 2016 annual median price of $680,000.
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