August 2020 Update
The Market has been on a tear over the past 3 months making up all of the losses it incurred during the initial shutdown due to Covid-19. September 2020 saw on average a increase of 40%+ more closings than this time last year. Residential homes available across the market noted has dropped to 0.7 months or 3 weeks if nothing came on the market. Multiple offers are occurring almost 50% of time and market times are roughly 70% of what they were last year. Key note: Proper Pricing is everything right now as homes that Sold in 15 days or less than sold for 5% more than those that sold in 16 days or more!
This report is based on Residential and Condominium sales activities on the Eastside.