Market UpdatesReal Estate June 11, 2012

Low Inventory & Interest Rates Fueling Home Sales

According to a recent report by the Northwest Multiple Listing Service, our record-low interest combined with a dwindling number of homes for sale has boosted home sales by more than 20%…and reaching levels we haven’t seen since 2007. Median single-family home prices are up nearly 5% in King County compared to last year and are continuing to rise at a slow but steady pace.

Click here for the full article and a statistical summary by counties!



Source: Northwest Multiple Listing Service