With great joy, we all rang in the new year and said goodbye to 2020. What now? Where is the real estate market now and what can we expect in 2021?
We ended the year HOT and it doesn't seem to be slowing down anytime soon. In order to have an idea of where we are going, let's see where we were at the end of 2020.
Sammamish saw median sale prices rise 11.8% in 2020 and the average sale in our beautiful city was $1,090,000. On average, Sammamish homes are only on the market for 6 days!! Have you checked the value of your home recently? How much equity have you gained in your home?
At the end of 2020 there was only slightly more than a two-week supply of homes on the market!
With the mortgage rates staying so low, there is no slowing in sight. 2021 is expected to stay hot! Good thing you have a top-notch negotiator on your side! I'll help you make your real estate dreams a reality in 2021!