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Q2 2022  |  Western Washington

Home Listings, Prices and Mortgage Rates are on the Rise

With regional economic health back to pre-pandemic levels, the Q2 housing market saw rising home prices, despite concurrent increases in mortgage rates. Listings last quarter were up by 175% compared to the first quarter of 2022, offering buyers more selection. Pending sales outpaced listings by a factor of 3:1, indicating a robust spring market.

 

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Inside the report, you'll find forecasts based on the latest real estate data, including...
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Regional home sales

Analysis of closed transactions by area.
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Average home price

Price trends in your area and elsewhere.
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Days on market

A meaningful barometer of housing market intensity.
Matthew Gardner
Meet Matthew Gardner
As Chief Economist for Windermere Real Estate, Matthew is responsible for analyzing and interpreting economic data and its impact on the real estate market on both a local and national level. Inside his regional report, you'll find forecasts with indicators to determine whether it is a buyer's or seller's market.
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