Contributing Editor- Puget Sound Business Journal
Seattle is one of the eight hottest residential real estate markets in the country, according to Seattle online real estate company Redfin.
According to Redfin, Seattle homes sell faster and spend fewer days on the market than the nation’s average.
Seattle homes were on the market for only 36 days before being sold in February, which is less than the Redfin average 43 days for sale in the 27 market it covers.
And nearly 41 percent of Seattle homes sold in two weeks or less in February, which is less than the nation’s average of 22.5 percent of homes selling in two weeks or less.
“These eight markets have seen job growth of between 2.3 percent and 4.5 percent since last year, far better than the national average of 1.6 percent,” Redfin said in a statement.