Seattle home sales showed small bump in prices from late April to mid-May of this year, while total home sales were down almost 20% in the same period. King County in general, seems to have taken a Memorial Day break from home buying.
According to recent NWMLS data, King County real estate sales went from 883 in the second half of April 2009 to just 707 sales in the first half of May. The median price, at the same time, went from $346,000 in April $355,000 in May. Median days on Market went from 44 days to 53 days.
While these numbers are limited in that they are just a quick snapshot of the market, they are interesting in light of the upward trend in home sales thus far in the Spring. NWMLS data for the entire month of May should be released this week, giving us a better picture of sales trend for King County and Seattle real estate.
Sam DeBord and Brian WiegandSeattleHome.com (206) 431-5900
Seattle Waterfront Real Estate Brokers - RE/MAX Connected
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