August Housing Activity Slight Dip Follows Patterns of Seasonal Slowing
Posted by DeAnna Crysler on
- August show month-to-month drops in new listings, total inventory, pending sales, close sales, and median prices
- NWMLS statistics show the volume of new listings added during August declined from July (down 11.5%)
- “We are seeing homes stay on the market slightly longer and more instances of sellers overpricing their properties."
- Prices showed signs of moderating during August. The average price was down $10,000 from July.
Northwest MLS brokers say August housing activity follows patterns of seasonal slowing KIRKLAND, Washington (September 7, 2021) – August typically brings a dip in housing activity and this year was no different, according to representatives from Northwest Multiple Listing Service when commenting on newly-released…
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