Listing Side, Representing Sellers, Residential Homes (SFH)
Listing Side, Sale Price/List Price (SP/OLP) Statistics, Residential Homes (SFH)
My Average Sales Price to Original List Price Ratio (SP/OLP): 109%
King County Average Sales Price to Original List Price Ratio (SP/OLP): 101%
Snohomish County Average Sales Price to Original List Price Ratio (SP/OLP): 101%
DIFFERENCE: My SP/OLP averages are 8% HIGHER than the typical agent
On an $800,000 home, 8% more equates to an additional $64,000
If you are considering hiring an agent because they offer a lower fee, consider this: Your biggest expense might be the money you don’t make. How much will that 1% savings actually cost you in the end?
Listing Side, Cumulative Days on Market (CDOM) Statistics, Residential Homes (SFH)
My Average Single Family Home Listing CDOM: 7 days
Industry Average King County Single Family Home Listing CDOM: 27 days
Industry Average Snohomish County Single Family Home Listing CDOM: 22 days
93% of my Single-Family Home listings were Pending in 7 days or less
82% of all my listings (including condos and multi-family units) were Pending in 7 days or less
Buying Side, Representing Buyers, Residential Homes (SFH + Condos)
My Average Sales Price to Original Listing Price Ratio (SP/OLP) for Condos: 96.4%
My Average Sales Price to Original Listing Price Ratio (SP/OLP) for SFH: 108.5%
Note: In 2023 some of my buyers opted for a seller credit instead of a price reduction. Their savings was used to buy their interest rate down instead of reducing the sales price. This increased my SP/OLP ratio and does not accurately reflect my negotiating power.
Windermere Real Estate/Shoreline 2024 Sales Statistics (my office)
Total Number of Transactions: 309
Total Sales Volume: $270,580,494
Locally owned and family run since 1977, the Windermere Shoreline office is a loved and trusted business in our community. We are a diverse group of brokers with decades of experience and a wealth of knowledge and wisdom. I regularly consult with the owners, managing brokers, and my colleagues to ensure you achieve the best results possible.
What these statistics mean to YOU
When Selling: I sell homes faster and at higher prices than industry averages. This nets sellers more money, in a shorter time, with better terms, and fewer headaches.
When Buying: I negotiate to help buyers get under contract quickly for the best price and terms possible.
I know how to win: My buyers average just 1.7 offers before getting under contract.
Do your research and compare! Over the past 5 years in our highly competitive sellers’ market, this number is extremely low.
In an upwardly trending or volatile market with interest rate and price shifts, making fewer offers can mean the difference between purchasing a home and being priced out of the market or the area you want to live.
Remember this interest rate rule of thumb: For every 1% increase/decrease in interest rates, your purchasing power increases/decreases by 10%.
On an $800,000 home, an interest rate increase of 1% reduces your purchasing power by roughly $80,000. Correspondingly, an interest rate decrease of 1% means your purchasing power increases by roughly $80,000.
Note: Unless otherwise stated, all statistics quoted above were calculated utilizing NWMLS data for the period 1/1/2020 through 12/31/2024 for King and Snohomish Counties.
