Seattle Area Homes Sales More Trick than Treat for October
Posted by The Cascade Team Real Estate on
www.TheCascadeTeam.com
KIRKLAND, Wash. (Nov. 3, 2011)
King County Home Prices drop 17.9% from October 2010!
King County reported one of the sharpest year-over-year declines. The median price on last month‟s completed transactions in the county was $287,500, which compares to a year-ago figure of $350,000 (down about 17.9 percent). For single family homes (excluding condominiums), median prices slipped 14.7 percent, dropping from $375,000 a year ago to last month‟s figure of $320,000.
– Befitting October and Halloween, last month‟s housing activity had both tricks and treats. Northwest Multiple Listing Service members reported solid gains in pending sales (up almost 21 percent from a year ago), consistent demand in many price ranges, a shortage…
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