Over the weekend, our local television media reported that the national real estate slump has finally hit Washington State. They didn't echo the "doom and gloom" stories that we're hearing from around the country, but they also didn't elaborate very much with their figures. I believe these numbers are specific to the Seattle Washington real estate market ...
- median price falls just under $400,000
- real estate inventory is up 50% from this time last year
- sales are down 17% from this time last year
The NWMLS should release their monthly statistics for October in the next week or so and all of us in the Pacific Northwest are anxious to see their official report.
Comments(4)