Kates Seattle Real Estate Blog - Archives December, 2011

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Home : Blogs : Kate Pedersen : Kates Seattle Real Estate Blog : Archives December, 2011

Seattle Area Market Statistics - November 2011 - 12/14/11 09:19 PM

Looks like a Sellers market but still acts like a Buyers market. Inventory is low and Buyers are negotiating great deals.
Inventory:
The number of houses for sale continues to drop from last year and last month - not unusual for this time of year though. The North Seattle neighborhoods have as low as 3.2 months supply of houses for sale and on the high end are the Edmonds condos at 7.9 months of supply. Overall King County inventory is at 4.2 months.

Short Sales and Foreclosures:
King County's short sales and foreclosure active listings are about 30% of inventory. … (1 comments)

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