North Seattle Monthly Statistics:
July statistics for North Seattle show about 5 months of supply, up from 3 months of supply in June. It looks like we are heading back toward a buyers market in North Seattle. King county overall has 7 months of supply.
Prices in North Seattle are up to a median of $438,000, the highest price we have seen for some time and only 5% less than the end of 2006 where prices were the highest.
And North Seattle sales are down considerably from June's 249 closed sales to 179 closed sales in July. This is still more than this past February.
The days on market are taking a little longer. July's sold listings stayed on the market for about 34 days.