King County Housing Inventory Increases More Than 62%
Posted by DeAnna Crysler on
- King County Housing Inventory Increases More Than 62%
- Total Area Inventory Up 24.5%
- Buyers rejoiced at lower interest rates in May.
- Volume of new listings, and the number of closed sales – both showed slight gains from a year ago.
KIRKLAND, Washington (June 6, 2019) – The housing market in western Washington may not be as hot as it was last spring, but it is heating up, suggested one industry leader in commenting on the latest statistics from Northwest Multiple Listing Service.
Matt Deasy, president of Windermere Real Estate/East, Inc. said his analysis of single family home sales in King County reveals 7 out of 10 properties that sold during May had 15 or fewer days on the market. He also noted more than half the listings (55…
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