Sunday, March 20, 2011

Market Report - Do Multiple Offers Still Happen?

Although we are still in a Buyer's market, Buyers must also remember that if a home is priced right it will still move and move quickly! And sometimes with multiple offers bidding up the price.

- In the last 6 months 402 properties have gone pending in under 7 days in Seattle
- Average sold price of those homes: $448,000
- Average sold price as a percentage of list price of those homes: 98.8%

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