Continuing with a Seller’s Market for Aug 2012…this is very encouraging news, as the rest of the country has not had this strong of a comeback in the real estate market or this fast. The rate of market value increases has been slow, but steady. We’re seeing anywhere from 2-4% increase in market value over this time last year. Remember, slow and steady wins the race! Here’s some more
facts and data:
- Months Supply of Inventory 2.1 -46% change
- Total Active Listings 1859 -33% change
- Pending (YTD) 6837 22% change
- # of Closed Sales (YTD) 4746 19% change
Always available to share/explain this info in detail, so never hesitate to engage me. Here’s to a very active and solid 4th qtr for our Seattle Real Estate Market!