Market Trends: First Quarter of 2021

Market Trends: First Quarter of 2021

Hot, hot, hot—the temperatures keep rising in the real estate market, strongly favoring sellers. Realogics Sotheby’s International Realty examines five key markets each quarter to find out where the market has been, and where the trends might lead us next. And 2021 kicked off with a limited number of available homes. Across these single-family home market areas, a lack of inventory has, at least in part, contributed to escalating median home sales prices, which have increased between eight and 30 percent year-over-year. Sellers take heed, it’s likely still an optimal time to list a home for sale.

Peter Point on Vashon Island

Peter Point on Vashon Island

Every once in a while, a truly unique estate offering enters the market, and one simply knows that its magic will not soon be offered again. It is precisely this feel that overcomes as you arrive at Peter Point on Vashon Island. Nestled upon 645 feet of private, western-facing waterfront, this nearly seven-acre property is ready for the imagination of its next steward.

Pending | Offered at $2,875,000

Russell and Vivian Wilson

“Laura could see the love and care we had invested in restoring our beautiful English Tudor. She knew that finding the right buyer for a house like ours would require helping them understand the value in each special detail. She enthusiastically marketed our home, and we have no doubt her enthusiasm and energy conveyed during showings with potential buyers. Within a month Laura had three prospects making competing offers to purchase our home! We cannot say enough good things about Laura. She is a tireless advocate for her clients. Hiring Laura Halliday was the best decision we could have made.”

David and Alicia Docter

“We seldom write on-line reviews, but we couldn’t resist writing in praise of the representation provided by Laura Halliday, Realogics/Sotheby’s Real Estate office in Seattle, Washington. From the first contact, through following her advice about how to prepare our special Capitol Hill Seattle home of 28 years for sale, Laura was stellar! Her recommendations for painting various rooms were measured rather than “redo everything”, her thoughts about partial “staging” were reasonable, and her pricing suggestion was within range of our expectations…

The Gathering Place in North Capitol Hill

The Gathering Place in North Capitol Hill

When it comes to making a statement, nothing thrills me like the classic symmetry of an elegant colonial—the style that has launched 1,000 imitations! Proudly sited on the corner of Newton and Federal, The Gathering Place offers a grand scale and a notable address among its many other attributes.