Dramatic Drop In Housing Availability For Western Washington as Autumn Looms
Posted by DeAnna Crysler on
- New listings dropped nearly 13% system-wide and 18.5% in King County.
- Pending sales rose nearly 6.6% in the Puget Sound region
- June and July were also lackluster this year with regard to listings
KIRKLAND, Washington (September 9, 2019) – Depleted inventory continues to frustrate would-be buyers in Western Washington. Many of these potential homeowners are expanding their search beyond the major job centers in King County, according to market watchers who commented on the latest statistics from Northwest Multiple Listing Service.
The MLS report summarizing August activity shows less than two months of supply system-wide, and only about 1.6 months of supply in the four-county Puget Sound region. The sparse selection is pushing up…
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