Housing Inventory Plunges To Lowest Level Of Year, As Housing Sales Hit Busiest November Period Of All Time!
Posted by Cary W Porter on
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The Seattle residential real estate market is not taking time off for an end-of-year breather!
- “Last year’s holiday season ended up being the best time to sell a home around King County”
- November showed a 13.2 percent drop in inventory of single family homes.
- November also showed a 31.3 percent spike in closed home sales.
- And an 11 percent increase in prices compared to the same month a year ago.
KIRKLAND, Washington (Dec. 5, 2016) – Pending sales of homes hit an all-time high for the month of November according to the latest statistics from Northwest Multiple Listing Service. The report covering 23 counties around Washington state also shows the number of new listings added during the month plunged to the lowest level in 11…
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