Catherine Weir
QUARTERLY UPDATE DECEMBER 2022
some success and clients I made very happy in November In this quarter’s newsletter I am discussing some
success and clients I made very happy in November. I listed a beautiful home in the Trossachs neighborhood of Sammamish where there were 3 homes on the same street for sale and around 10 homes in the entire neighborhood active on the market. I was the only agent that got a house under contract within 9 days! The average days on market in that neighborhood were around 60 days just for context. In addition, I got my clients the highest sale price/square foot in the area. What was the secret sauce? A lot of the credit goes to my sellers who listened to my advice and worked really hard to get their house ready for the market. They also listened when I told them where to price the home. I kept them updated with what was going on in the neighborhood so they knew that I was bringing them the best offer that they could get in the current market conditions. I worked hard on the marketing of the house which I will break down for you next and I also ran open houses and showed the home
WHAT ’S INS I DE Eastside Market Updates, pg. 3
to clients who couldn’t make it to the open house- even if they were working with another agent. There is nothing I won’t do to get my clients the best offer out there. I followed up with agents and people that come to the opens, and I also worked very hard on the buyer’s agent to get them to present and offer and then to present something that would work for my clients. Below I breakdown the marketing so you can see some of the aspects that sets me apart from the rest- I don’t just take photos and wait for the phone to ring. In this market you must chase down all the buyers that you can as buyers have a squirrely mentality right now. Not only that but you must get as many people to see the home online and then into the home and this is where property marketing that works starts. 1. It may sound like a no brainer, but professional photography is a must. In this house I had 3 shoots, morning, evening, and twilight to get the house in all the best light.
Q 4 2 022
Success and Clients I Made Very Happy continued...
King County
“October saw less houses go on the market. Home prices were higher over last month and higher over the previous year.”
2. I create a single property website that is viewable on all devices and easily social media sharable 3. I create a just listed e-flyer that goes out to my extensive list of clients and my professional network. 4. I create a professionally produced photos slideshow with narration 5. I do print advertising not just locally but also in the VIEW magazine which is inside the wall street journal 6. Yes, your house will be on TV on the CW channel on Saturday at 1pm on the Coldwell Banker TV show At home in the Pacific Northwest- that’s a way to reach a lot of people! 7. Of course, I have professionally printed glossy brochures at the house 8. And a mobile brochure so that anyone that sees the yard sign can get all the home information on their phones 9. And then there is all the above and beyond old school ways to reach people that may not even be thinking about buying but may have family and friends that may be. I send out a just listed professional postcard to all the neighbors 10. I also do targeted online advertising and geographically target local buyers on line and on social media 11. All the agents in the area also get notified that the property I have listed has just gone on the market- the house comes to them- so agents can miss it. 12. Finally extensive national and international online exposure on sites you know and use, Realtor, Zillow, Trulia etc. just to name a few.
So how much does all this cost you as a home seller? Absolutely nothing at all!! These are my marketing costs and I pay them. To list your house and get all of this I am competitive will all brokerages including the discount ones too. What are you waiting for? When you want real results connect with me.
Connect With Me! C E
206.313.9714 catherineweir@cbbain.com facebook.com/catsyweir linkedin.com/in/catherineweir/ instagram.com/catsyweir/ youtube.com/channel/UCmu4AZ16UNVp7W1F5p4Ib4A
CURRENT vs PREVIOUS MONTH
CURRENT vs PREVIOUS YEAR
CURRENT vs Same QUARTER LAST YEAR
Oct 22
Sep 22
% Change
Oct 22
Oct 21
% Change
Oct 22
Oct 21
% Change
For Sale
3415
3738
-8.6%
3415
1412
+141.9%
3415
1412
+141.9%
Sold
1613
1906
-15.4%
1613
2774
-41.9%
5647
8573
-34.1%
Pended
1562
1567
-0.3%
1562
2493
-37.3%
5107
7981
-36.0%
Avg Sq Ft Price (Sold)
$496
$490
+1.2%
$496
$485
+2.3%
$494.35
$483.67
+2.2%
2.1
2.0
+5.1%
2.1
0.5
+314.3%
1.9
0.5
+260.6%
Months of Inventory (Closed Sales)
October 2022 market snapshot! The number of
homes listed for sale was down from one year earlier and from the previous month. The number of homes under contract was down compared to the previous month and down compared to the previous year. The Months of Inventory based on Closed Sales is up from last year. Based on the 3 month trend, the Average Sold Price is up 2.2% over last year. The Average Days on Market is up over last month and compared with last year.
Homes on the Eastside are closing at 95% of the listing price a slight decrease of -8.7% compared to the previous year.
Q 4 2 02 2
Eastside Update
Catherine Weir Coldwell Banker Bain 1151 NW Sammamish Rd #103 Issaquah, WA 98027
Just sold | $1,900,000
27233 SE 18th Place, Sammamish, WA 98075
Just sold | $2,040,000
3859 163rd Ave SE, Bellevue, WA 98008
“I value each and every one of my clients and always negotiate to get them the best terms possible. When you want first class service from someone that is honest, straightforward and an advocate for you – make me your first call.”
Catherine Weir