Ballard Market Update - April 2020

What you should know about the market:

Here’s a snapshot of the Ballard area real estate market for April 2020. Here’s what you should know:

1️⃣ Active listings went down 24%

2️⃣ Pending sales went down 23%

3️⃣ Sold listings tripled in April! Since the beginning of the year, we were seeing this number around 5-6 sold per month. This shows us homes are still closing despite social distancing.

Inventory has dipped, and buyers are back out. If you’re thinking about selling this is a great time to sell.

If you have questions about buying or selling real estate during this time, we would be happy to schedule a virtual consultation to discuss the options.

Prayers and best wishes for the health of you and your loved ones.