The Seattle real estate market is experiencing a typical seasonal slowdown as interest rates decline to an average of 6.22%. While home prices remain stable, inventory levels and days on the market are increasing, offering opportunities for buyers, particularly in non-hotspot areas. With interest rates potentially dropping into the mid-5% range, experts predict bidding wars may return by next spring. For buyers, fall and winter could be an ideal time to secure deals, but timing the market isn't as important as buying when financially ready.
Are you ready to make your move in Seattle's shifting market? Contact me today to explore your options and find the perfect home before the market heats up again!