October Key Indicators For Western Washington Housing Still Rising
Posted by Cary W Porter on
Even with early seasonal snow and the expectation of our usual seasonal slowdown October key housing indicators continue trend upwards.
- Seattle, year-over-year prices jumped 17.6 percent.
- On the Eastside, the median price for a single family home rose 10 percent from a year ago.
- Buyers outnumbered new listings, with 10,586 of them having their offers accepted compared to only 8,466 New Listings further shrinking available inventory.
- Buyers may find themselves in a quandary as the year winds down as they contemplate limited supply, possible upticks in interest rates and tax reform.
Pending sales rose nearly 8 percent from a year ago, closed sales were up 5.2 percent, and prices jumped about 8.2 percent, with 14 counties reporting…
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