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Area Home Prices up 6.3%
Inventory "Well Below" normal levels
Some Seattle neighborhoods under 1 month supply of inventory
Western Washington housing market in "recovery mode" but some brokers say it’s still not at full potential
KIRKLAND, Washington (Aug.6, 2014) – More sellers listed their homes for sale during July compared to a year ago, but brokers with Northwest Multiple Listing Service say inventory remains "well below" what is considered to be a balanced market. Last month’s pending sales rose slightly from a year ago while prices system-wide increased nearly 6.3 percent.
"Some agents and firms are beginning to feel the summer doldrums, while others are experiencing a definite