Eastside Annual Report

The Eastside showed a surge of sales activity in 2011, with the number of home sales up 10.6% from 2010. Despite this increased buyer interest, median prices dropped 7.9% from 2010. This was largely due to an increase in bank-owned and short sales, which made up a whopping 21.9% of all home sales.

The strong buyer’s market is expected to continue with record-low interest rates and more foreclosures predicted to impact prices in 2012. Click here for the full report and to see how prices fared in your neighborhood!

 

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