Local Housing Market "Balanced On A Fulcrum Between Growth, Stagnation, and Decline"
Posted by DeAnna Crysler on
MLS director John Deely, principal managing broker at Coldwell Banker Bain in Seattle, described King County’s residential market as “balanced on a fulcrum between growth, stagnation, and decline.” New listings of single family homes (excluding condos) in King County dropped year-over-year and when compared to last month, he noted. Total active listings and pending sales both improved from a year ago, but slipped from June’s totals.
- Median price dropped 2.7%.
- Increased listing inventory from prior months put pressure on pricing,”
- Home Prices declined about 2.9% from June.
The Cascade Team Real Estate is a 2019 Neighborhood Favorite on NextDoor!
Northwest MLS brokers report mixed activity during July, as volume of closed sales…
3026 Views, 0 Comments