This is an official Washington court form for use in a divorce case, a Petition for Dissolution of Marriage.
A Seattle Washington Residential Time Summary Statement is a detailed report that provides an overview of the residential real estate market trends in Seattle, Washington. It highlights crucial information regarding the average length of time that residential properties stay on the market before being sold or rented out. This statement serves as a valuable tool for real estate agents, investors, and potential homebuyers to assess the health and dynamics of the local housing market. Key information included in a Seattle Washington Residential Time Summary Statement may consist of average days on market (DOM), median days on market, average and median listing and sales prices, number of active listings, and average price per square foot. These statistics help determine the level of demand and supply in the market, allowing individuals to make informed decisions about buying or selling homes. There are different types of Seattle Washington Residential Time Summary Statements available, each focusing on a specific residential property type or location within the city. For instance, there may be separate statements highlighting the time summary for detached single-family homes, townhouses, condominiums, or different neighborhoods within Seattle, such as Downtown, Capitol Hill, or Queen Anne. Additionally, these time summary statements may be further categorized based on time frames, such as monthly, quarterly, or annual reports. Such categorization allows for a comprehensive understanding of how the market fluctuates throughout the year and over a specified period. To maximize the utility of the residential time summary statement, it is vital to consider other relevant factors alongside these time statistics. These may include factors like current market conditions, interest rates, economic stability, and local governmental policies impacting the real estate market. Overall, a Seattle Washington Residential Time Summary Statement plays a pivotal role in providing accurate insights into the market's health and activity, allowing buyers, sellers, and industry professionals to make educated decisions in the dynamic Seattle real estate market.
