Posted by Hailey Miller on Monday, July 8th, 2019 at 1:01pm.
Area Home Prices Increase a Normal 3.5% YTD
King County Prices Slightly Down
Inventory, pending sales and prices all increased during June
Buyers getting “some relief” as key indicators point to strong summer for housing market
KIRKLAND, Washington (July 8, 2019) – Inventory, pending sales and prices all increased during June compared to a year ago, according to the latest report from Northwest Multiple Listing Service. The same report, which covers 23 counties in Washington state, shows year-over-year drops area-wide in both the volume of new listings and closed sales.
“Clearly we now see that the market is moderating – that is we’re definitely moving from a
Inventory increases by 22.9 percent throughout Western Washington
King County leads inventory gains with 78 percent year-over-year increase.
Buyers could choose from 19,526 listings nearly double the inventory from February of this year
KIRKLAND, Washington (October 4, 2018) - Housing inventory continued to improve during September while the pace of sales slowed in many counties served by Northwest Multiple Listing Service. "Balance is finally returning to the market, and with it, slowing home price growth," stated OB Jacobi, president of Windermere Real Estate.
A new report from Northwest MLS shows double-digit increases in inventory in several of the 23 counties it serves, led by
Posted by Hailey Miller on Thursday, August 30, 2018 .
For the first time in nearly two years, the Seattle area no longer leads the nation in home price increases. The monthly Case-Shiller home price index, released Tuesday, showed Las Vegas now claims the title as the nation’s hottest housing market.
The Case-Shiller numbers don’t reflect the full scope of the slowdown however, do in large part to the fact that it includes a three-month moving average through June (things have cooled even more since then), and also because it reflects the entire metro area (Pierce and Snohomish counties haven’t slowed down quite as much as King).
A new analysis from Zillow, using more recent numbers, showed Seattle had the biggest slowdown in