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September 2018 Seattle Area Real Estate Report

Windermere Mercer Island

Balance “finally returning” to housing market
as buyers welcome more choices, moderating prices

 

KIRKLAND, Washington (October 4, 2018) – Housing inventory continued to improve during September while the pace of sales slowed in many counties served by Northwest Multiple Listing Service. “Balance is finally returning to the market, and with it, slowing home price growth,” stated OB Jacobi, president of Windermere Real Estate.

A new report from Northwest MLS shows double-digit increases in inventory in several of the 23 counties it serves, led by a 78 percent year-over-year gain in King County. Despite improving selection in the central Puget Sound region, a dozen counties reported drops in the number of active listings compared to last year. Read the entire NWMLS Press Release here.

Windermere Mercer Island

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 Neighborhood Reports

SEATTLE

West Seattle
South Seattle
Central Seattle
Queen Anne
Ballard-Green Lake
North Seattle
Shoreline-Richmond Beach
Kenmore-Lake Forest Park
Downtown Seattle Condos

EASTSIDE

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Mercer Island
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Woodinville
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Downtown Bellevue Condos


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© Copyright 2018. Information and statistics derived from Northwest Multiple Listing Service.

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