2017 looks to be one of the biggest years for home sales on record! Whether you are selling, thinking of selling, or happy to be in your home for the foreseeable future it’s always important to know what’s going on in your local housing market. Below are answers to some of the most often asked questions as well as some that may not be asked but are definitely of interest to people who live in an area that is diverse with builders of all different types of homes from entry level to high end custom. Let us know how we can help you have a better understanding of your home and your neighborhood or a home you are interested in Snoqualmie Ridge.
1. What was the average sales price for a home at Snoqualmie Ridge in 2016?
Conceptual hotel design – side view of access lane.
This latest article by Dana McCall in Living Snoqualmie is already stirring up a myriad of mixed emotions from those who live in and around Snoqualmie from the Ridge to Valley. What will the impacts be on local traffic, kids safety, tax revenues for the city, creating a more vibrant community center for Snoqualmie like other areas have experienced or is small town Snoqualmie on the verge of being lost forever? Read Dana's full article below and add your thoughts to the discussion.
If the City of Snoqualmie Planning Commission recommends some changes to the Snoqualmie Ridge (SR) Business Park Binding site improvement plan and the SR Mixed use plan – and the city council approves them – next summer
Last week I did a blog about how incredibly low the inventory was/is in Snoqualmie Ridge, Fall City and North Bend (http://nwrealestate.thecascadeteam.com/blog/hows-the-inventory-snoqualmie-north-bend-and-fall-city.html). This week I wanted to put some interactive charts behind my numbers to really give a visual to people about just how low inventory is relative to a year ago. 2016 proved to be a record year with where sales prices reached. Much of it was driven by the extremely low inventory that was available throughout the year. You'll be surprised where the trend is heading into 2017 compared to where it was in 2016 and what that can potentially mean for the market in the year ahead and what it could mean for you if you choose to make this the year to
If the past is an indicator of the future, taking a look at inventory numbers from last year to current levels, we are seeing that low inventory pattern is still with us as we get the year started which is a good indication that 2017 could turn out to be another record year for home values increases. The last week of 2015 and first week of 2016 saw zero (that's right NO) inventory in all of Snoqualmie. This is an area with approximately 3700 homes as estimated by Snoqualmie Ridge ROA. This year the inventory is up a bit but still relatively low which will also help give an idea of a trend for 2017 where prices will push higher but not likely to be at the same jump year on year as they were on the previous year on year. The demand is still there, so if