October Results and Opportunities for Washington State Real Estate Investors

September picked up after a "slower" August as anticipated. The market in Washington State remains in that borderline frenzied status as inventory continues to lag behind high demand. However, we are beginning to see some changes that we believe you should be aware of.

• The number of new listings in the 26 Washington counties increased by just over 163 listings versus the year prior.
• The biggest impact is outlying counties as people are taking their cash away from the Seattle area, However, King County's median price of $825,000 is still up 10% YOY.
• Examples of outlying growth
• Snohomish County median price is $675,000, up 18% YOY.
• Pierce County median price is $505,650, up 16.5% YOY
• Thurston County median price is $470,000, up 20.5% YOY
• Whatcom County median price is $552,550, up 18% YOY.​​​​

With the current market situation, we anticipate that Fall could bring more inventory for investors. Within the Seattle area and throughout Washington State.

Since we manage our own fund you get to talk with the credit decision-maker, allowing your transaction to fund quickly. That expedites the process and provides you with the competitive advantage necessary in today's marketplace.