Spring Surge of New Listings Met with Frenzy of Buying Activity
Posted by Cary W Porter on
Northwest MLS brokers report 50 percent spike in new listings, but brisk sales prompt predictions of “frenzied spring”
- Over 10,300 new listings met with 10,500 Buyers!
- Inventory at Historically Low Levels
- Area Homes For Sale Below 10,000 for 2nd Straight Month (Only 2 times in History)
- Home Prices jump 11.5%!
- Inventory Down 23% Over Last Year
KIRKLAND, Washington (April 6, 2017) – Northwest Multiple Listing Service brokers expected an uptick in the number of new listings during March, and that expectation was met with a significant gain – up more than 50 percent from February. Members added 10,321 new listings last month, but they also reported an even greater number of pending sales (10,447), leaving inventory near historic…
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