This is a monthly contribution to the Blog by Greenwood realtor Doron Weisbarth
Once again, our PhinneyWood real estate market showed resilience compared to the rest of Seattle, despite economic news that dented the spring sale.
The first quarter of 2025 brought strong momentum, making April’s slowdown all the more disappointing. New listings in our neighborhood dropped both year-over-year and month-over-month, while the rest of Seattle saw large increases. Still, the number of homes for sale in PhinneyWood held steady, indicating solid activity, while Seattle’s inventory jumped 20%.
You can find all the latest data and the full analysis online go to PhinneyWoodHomes.com.
As of this writing, the stock market has recovered, unemployment and inflation remain stable, and mortgage rates have dipped slightly. What buyers do next remains to be seen—but the smart ones will act now and negotiate great deals, potentially reigniting the market.
Understanding timing and trends—especially when things are off-cycle—can help you get the best results. Planning to buy or sell this year? Let’s create the right plan for you. Call Doron for a no-obligation consultation at 206-779-9808.
