When residential home sales picked up speed in the wake of the initial quarantine of the pandemic, many experts weighed in on this outlying trend. A year later, as Realogics Sotheby’s International Realty examines the data from the Eastside to Bainbridge Island and markets in between, it’s easy to see that a lack of inventory and an onslaught of buyers wasn’t a one-off. The question for many following the trendlines now, is when will median sales prices start to plateau, and the number of homes available for sale starts to tick back up.
Read MoreWestern Washington’s housing market has remained competitive over the last year and shows no signs of slowing down. To get a sense of how the market has been, and where the trends might lead us next, check out our analysis of these key market areas.
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