Featured Posts JLS in the News Market Update Real Estate Trends

The Spring Market Heats up: Office Leader Mona Spencer featured in Kirkland Reporter

Annie Gustafson | Kirkland Reporter 

Just like the daffodils, more listings are popping up during the spring residential housing market in Kirkland.

For this time of year, it is typical to see an increase of as much as 60 percent in the number of homes for sale.

“We are seeing more listings come onto the market, but inventory levels are not rising because virtually every home that comes on the market sells immediately due to the backlog of buyers,” said Mona Spencer, a John L. Scott office leader.

Spencer’s reference to the speed of new listings disappearing is not hyperbole. According to Northwest Multiple Listing Service (NWMLS) data for Kirkland, the median number of days a home is available on the market is seven.

Click here to read the article

Related posts

Pristine Shoreline midcentury asks $725K


Lennox Scott and Frank Wilson featured in Puget Sound Business Journal article covering NWMLS June report


October is best month to buy before seasonal drop-off