Clyde Hill, WA Real Estate Update

If you are looking to sell or buy Clyde Hill, WA homes for sale, knowing what is happening in the local market can guide you as both a buyer and a seller. Knowing the average and median sold price of homes for sale in Clyde Hill, WA can help you come up with a market appropriate list price as well as a competitive offer. Using things like days on market, price per square foot and month supply can also be handy as you figure out which offer is the best for you in both buying and selling. Of course, choosing a qualified Clyde Hill, WA realtor can also make a huge impact as an experienced professional can help you navigate each part of the process successfully. So how is Clyde Hill, WA real estate doing? Let’s take a look!

The good news for sellers is that the median and average sold prices for Clyde Hill, WA real estate have increased compared to this time last year. The median sold price for Clyde Hill, WA homes for sale is up 23.6% at $2,658,000. The average sold prices for homes for sale in Clyde Hill, WA are also up 38.9% at $3,083,211. The price per square foot is up 16.6% at $696. This is great for sellers as it means that they have a good chance of making a great profit at resale. The bad news for buyers is that new Clyde Hill, WA real estate listings are down 29.5%. Clyde Hill, WA homes for sale are also down 14.3%. Pending sales are down 27.5% and closed sales are down 34.9%. Median days on market in this neighborhood are at 14 while the average is at 53. The month supply for Clyde Hill, WA real estate is at 3. In order for a market to be considered balanced, it needs a 6 month supply.  As a Clyde Hill, WA realtor, I prefer to pull these details from our local Northwest Multiple Listing service to ensure that I am providing accurate data. If you are looking for a custom market analysis for your neighborhood or simply want more info from a Clyde Hill, WA realtor, feel free to give me a call. I would love to discuss your real estate needs!

Posted on January 8, 2018 at 8:33 pm
Britt Wibmer | Category: Britts Picks

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