Hey there—fall’s around the corner, and so is a market shift worth watching.
After peaking in June, Seattle home prices have dipped nearly 8%—a sharper-than-usual summer slide that signals a real (but not panicked) correction. August closed with the median price at $1 million even, while inventory continued its slow climb to 2.2 months—pushing us further into balanced territory. Homes that shine still go fast, but the rest? They're sitting longer and selling for less. Time on market now means real money lost.
If you're thinking of selling this fall, pricing strategy matters more than ever. And if you’re buying? It’s a great moment to move smart, not fast.
Always here to talk it through.
— Erik
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