Sales of waterfront real estate in Seattle and King County are up significantly to start 2011 as compared to last year's sales. Waterfront home sales have been gaining ground since early 2010, and that trend doesn't seem to be changing.
During the months of January and February, we've already seen 33 waterfront homes sales in King County, a 32% increase over the same period last year when 25 waterfront homes were sold.
Prices of waterfront real estate have certainly come down in the meantime, adding to the feeling that we're still in a buyer's market, but inventory reduction and the larger pool of potential buyers have improved the outlook for home sellers.
Sam DeBord
Realtor® | Managing Broker
SeattleHome.com | Coldwell Banker Danforth
ph: 206-658-3225 | email: sam(at)SeattleHome.com
Member NWMLS, N.A.R., WA Realtors, Seattle-King County Realtors
Realtor® | Managing Broker
SeattleHome.com | Coldwell Banker Danforth
ph: 206-658-3225 | email: sam(at)SeattleHome.com
Member NWMLS, N.A.R., WA Realtors, Seattle-King County Realtors
Source: Individually compiled NWMLS data. The NWMLS did not compile or publish this information.
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