Tom Perry - Real Estate Solutions

An agent that listens to you, acts on your needs and expectations then guides you with viable options and probable outcomes based on years of experience: Hundreds of transactions right here in Seattle’s eastside have taught me that every client, house, and transaction is unique. My clients are grateful for the personal and candid assistance they receive in making many important decisions along the way. Buying and selling real estate in Seattle is truly a huge emotional step for most people. My personal, hands-on, and systematic approach has proven to be the best way to succeed.

2022 Summary of the year

When analyzing the market trying to get a handle an where it’s headed, there are a number of data points that I find valuable. This effort is ongoing. When searching for a client selling or buying, I have to get more specific to their situation, the property, and expectations.

2022 Months of Inventory

Months of inventory: This number tells us how active the buyer market is. It is affected by the number of available homes priced and presented well, and the number of active buyers. For instance, we have 100 homes on the market and 40 have SOLD in the past 30 days. This means that we have 2.5 months of available inventory.

A Normal Market

Sellers have to realize that the competition for buyers is brutal as shown by the huge increase in months of inventory and days on the market. Also, home prices have settled. The seller’s list price is critical. Buyers are looking at the new listings and those that sit will do just that until there is a significant adjustment in price.