2011 Market Report for Seatac, Washington

2011 Market Report for Seatac, Washington

2011 Market Report for Seatac, Washington

Seatac real estate did not follow the general market. Now that we're in 2012 we can report activity, averages and trends.

Seatac real estate activity has been picking up, with less inventory, based on the observations of the Phil Leng Team. We have sold many homes this past year, with our average market time around 49 days.

The overall statistics for Seatac are uncommon. Which of these two categories do you want to be in? The red (not sold) category, or the (sold) green category? The Phil Leng Team will help you get into the sold category in a timely manner.


The trend of median sold prices in Seatac is obscure from this next graph. The median price appears to have held somewhat steady through 2011.

Good news in Seatac is that the number of new properties going for sale every month has been dropping over the last year. It looks like the trend of new listings every month is down dramatically.

The average Days on Market in Seatac appears to have been going down without an apparent trend factor.

For our Sellers the next graph is excellent news: The Months supply of inventory has gone down dramatically. Less inventory can expedite sale time significantly.

Conclusion: If you are a serious seller and need to sell this next year in Seatac, hire the Phil Leng Team. We have the experience and the track record to help you reach your real estate goals this year.

All data for this 2011 Market Report for Seatac, Washington is from the NWMLS and is their property. Accuracy has not been independently verified.

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