Published February 15, 2024
Your 2024 updated Puget Sound Area home price
Home prices here in the Puget Sound Area have been climbing since this time last year, so you can likely still make a profit when selling, even if you bought at the recent peak.
It’s no secret it’s more expensive to get a mortgage since the Federal Reserve raised rates last year. However, there’s also a home shortage. This keeps prices stable. Although rates are higher than most consumers are used to, The Fed has predicted they will drop rates 3 times in 2024. In my opinion, you should just believe!
With just the mention of 3 future rate drops, it has set the market in a frenzy earlier than we normally see. The spring real estate market is here today!
The key is to know what price to list your home. The changes are based on recent sales in your neighborhood. You also have to factor in your home’s unique features, and how long you can wait to get the offer you want. I’ll tell you its current full market value price at no charge. While I pay money for this home value tool, it’s free to you.
Enter your home address here to find out what buyers will pay for it.
Keep in mind that it’s just an estimate based on your neighbors’ sales. If you want to send me a few photos of your home, I can factor in what the algorithms can’t and give you a more accurate suggested listing price based on your home’s unique features.
The bottom line is if you’re thinking of selling, I’m here. Ask me anything; I talk to buyers all day and know exactly what they want and what they are willing to pay. I’ll help you understand all your selling options: from taking an investor’s offer, to listing traditionally, to making renovations before selling, or even how to secure a bridge loan to buy your next home before you sell.
It all starts with knowing how much equity you have in your home. I’ll tell you for free.
