Industry News

Luxury home sales surge in Washington

Photo by Zac Gudakov on Unsplash

The Seattle Times | Katherine Khashimova Long

Underscoring the uneven impact of the pandemic, sales of the most expensive Seattle-area homes surged in the third quarter of the year at more than double the rate of the area’s most affordable homes.

Sales of homes over $2 million, the top 5% of the market in King and Snohomish counties, jumped more than 35% from July to September, compared to the same three months last year, according to Seattle-based digital brokerage Redfin.

Sales of homes under $600,000 rose by half that amount, 18% — and for homes under $417,000, sales fell by nearly 4%.

Find the full story online here: Luxury home sales surge in Washington

Related posts

Kitsap Housing Market Heats Up

jlspr

US foreclosures are down for first time in 12 years

jlspr

The easiest way to make impactful real estate videos

jlspr