The Post - Week 11 2020

By VDB | Compass

February 2020's Absorption Rate 

February 2020 is a Seller's market*

Absorption Rate based on Pending Sales in February 2020: 91.1

Up 40.6% compared to last month.

Buyer's market: 16.67% and below based on pending sales

*Seller's market: 33.33% and above based on pending sales

Neutral market: 16.67% - 33.33% based on pending sales

Data above provided by TrendGraphix and is based on Seattle and Eastside single family $1M 

and up.  

February 2020's Active, New Listings, Pending & Sold

Home For Sale in February 2020: 337 units.

- Up 2.1% compared to month.

Home Listed in February 2020: 371 units.

- Up 31.1% compared to last month.

Home Closed in February 2020: 202 units.

- Up 28.7% compared to month.

Home Placed under Contract in February 2020: 307 units.

- Up 43.5% compared to last month.

Data above provided by TrendGraphix and is based on Seattle and Eastside single family $1M 

and up.  

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VDB Compass ¦ All Rights Reserved by VDB Compass ¦ Made in Seattle

Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.

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