That is a wrap for the 2020 real estate year. The real estate market has been very strong in 2020 despite all the challenges. Low inventory and low interest rates are fueling a high demand for buyers with little inventory to choose from. 2021 is going to kick off fast, are you ready?
As we head into the final days of 2020, the real estate market is still going strong for sellers in Duvall and Lake Marcel. Are you ready for 2021?
MLS # 1693152. Welcome home! Move in ready Shoreline townhome, with fully remodeled open kitchen. White cabinets, Carrera marble counters, white farmhouse sink + stainless appliances, all included. Cute built in dining seating. Vaulted ceilings on main and upper floors. Electric fireplace in living room opens to deck and green buffer area. 2 upper floors, the first with large Primary bedroom & on-suite dual sink bath. 2nd bedroom also has window seat & huge closet. Stacking washer/dryer included. Top floor with optional 3rd bedroom + bonus space & another deck. Carport parking + storage area & fresh paint throughout. Great location close to I-5, Shoreline, LFP, & future light rail station!
Pending home sales in Duvall and Lake Marcel during the first two weeks of November took a big dip. The election played a big part in the slowdown.
12 of 15, 7 days, and lowest level of Active inventory for the year. See what is happening in the Duvall and Lake Marcel area.
10 out of 12 homes sold over or above list price in the last two weeks in Duvall and Lake Marcel area. That was the real estate market four to six weeks ago when those homes went under contract. Have you noticed a change in the market since then?
64% of the homes that sold in the last two weeks in Duvall and the Lake Marcel area sold at list price or over list price. Inventory is down currently to levels of February 2020. What is your game plan?
MLS#1669700 Forever sweeping views at the top of Stonecrofte. This open concept home includes 2,770 sqft, 4 bedrooms & 2.75 bathrooms. Great room features soaring ceilings, gas fireplace & hardwood floors. Kitchen has SS appliances, walk-in pantry, eating area & Butler’s pantry. Main floor includes a bedroom, ¾ bathroom & dining room with views. Master bedroom has 2 walk-in closets & 5 piece bathroom. Also featured are 2 extra study/zoom/play areas, 2 car garage, terraced private backyard with fire pit. $799,950
62% of the homes going under contract in Duvall and Lake Marcel over the last two weeks waived their Inspection Contingency. 55% of the homes that sold in the last two weeks were at list price or over list price. The market is very strong for seller and buyers need a great game plan.
How is your internet this week with school starting? There was a big jump in new construction homes going under contract over the last two weeks. The average price for closed homes in the Duvall and Lake Marcel was the highest for the year at $848,000. How is your workspace holding up?