Welcome to Friday, let’s sweep this week as we again prepare for another, together. Before I get to the “what if…” within my subject line, let’s first look at what is so that we may continue to know our numbers and craft a true narrative for our clients who need to know! *Tammy Heldridge, thank you for your text this week and share of this quote – both meaningful to me…
“The two skills of modern business: storytelling & spreadsheets. Know the numbers. Craft the narrative.”
Ok everyone! Here is what is as we sweep & digest this week…
Seattle May Monthly Talking Points (based on Residential report):
Based on Seattle Residential report:
Through May 2020, sales have steadily increased since the Stay Home order on March 25, though listings have not.
Pending Sales for the Month of May were down 12% (799 for May 2020 vs 903 May 2019).
Active listings were off 41% from year ago (816 for May 2020 vs 1,386 May 2019).
Median closed sales price is down 3% ($765,000 in May 2020 vs $784,925 May 2019)
Buyers are competing with each other.
34% of sales closed for more than asking price in May.
69% of sales had less than 15 days market time in May.
Weekly stats (thru 6.10.2020) are again updated under “weekly” tab on windermerestats:
Quick digestible bites from our weekly #’s…
King County Residential Only:
The number of new pending sales for the week ended 6/10/20 vs 6/12/19 are about the same in King County (100%), up in Snohomish (110%), up in Seattle (103%), and down slightly on the Eastside (93%).
And now for a share (or re-share) that many of you may have already seen, yet I keep going back to it as it has continued to be helpful to me as we navigate 2020. With this week’s sweep, I wanted to include as to amplify the message.
Our kids cleaned out their lockers and virtual lockers yesterday as they wrapped up 5th & 7th grade. Next week we are jumping in a camper van to get lost in being off-grid and off-line. These what if scenarios will fuel my wondering mind. Looking forward to time dedicated to thought, listening and connecting with my family as we transition to summer. *if you are curious, yes – our son is officially the tallest one in the family.
“It’s important to remember the mind is like a parachute, it works best when it is open.”
I am listening,
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