Balance “finally returning” to housing market as buyers welcome more choices, moderating prices
Posted by Cary W Porter on
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- 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 a 78…
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