Follow & Review Us On:
KIRKLAND, Wash. (Dec. 4, 2013) – Improving inventory, stabilizing prices, fewer short sales, and a healthy local economy are credited with keeping the real estate market "chugging along nicely" around western Washington, according to brokers with the Northwest Multiple Listing Service.
The latest figures from Northwest MLS show year-over-year gains in inventory (up 4.8 percent), pending sales (up nearly 1.6 percent), closed sales (up 5.3 percent) and median selling prices (up 4.86 percent).
Brokers reported 6,624 pending sales (mutually accepted offers) of single family homes and condominiums during November, improving on the year-ago total of 6,522 for a 1.56 percent increase.
Closed sales across the 21 counties…