Pending Home Sales in Seattle Jump 27% Year-Over-Year

By
Real Estate Agent with SeattleHome.com -Coldwell Banker Danforth

NWMLS statistics released recently point to a number of statistics showing a strong resurgence in the real estate market.

  • In February, pending home sales increased 27.4% compared to last year
  • 20 of 21 counties in the NWMLS service area showed double digit gains
  • Lake Forest Park, Central Seattle, and Normandy Park all marked sales gains of over 50%
  • Inventory of homes available for sale in the NWMLS territory is down 22.5%
  • Inventory in King County is down 32.3% and in Snohomis County is down 38.2% since last year

Rising sales and shrinking inventory can only lead to rising prices in the long-term.  Distressed properties will still drag on the market, but other forces seem to be taking over, and we are just starting the Spring selling market.

 
close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the balloons to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Topic:
Home Buying
Location:
Washington King County Seattle Madrona
Groups:
Seattle Waterfront Real Estate - Waterfront Homes
Seattle Homes
Seattle Homes For Sale
Seattle Real Estate
Posts to Localism

Comments 0 New Comment

Rainmaker
199,876

Sam DeBord

Seattle Real Estate Broker
Ask me a question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the sunglasses to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information

2009 $10MM+ Sales

Top 10 King Co. Sale

Managing Broker

Realtor

206-658-3225


Seattle Waterfront Homes - Seattle Real Estate news, including waterfront homes, water view homes, floating homes, and houseboats.

Sam DeBord and Brian Wiegand
SeattleHome.com
Seattle Real Estate Brokers
Coldwell Banker Danforth
(206) 658-3225

Seattle Homes For Sale
Bellevue Homes For Sale

© Seattle Homes, LLC: - Sam DeBord, Managing Broker, Realtor Coldwell Banker Seattle: Coldwell Banker Danforth & Associates TwitterFacebookLinkedIn | Google + | Sam (at) SeattleHome.com