King County- Higher Sales Prices

Article form PSB.  buyers…,make your move now.

Fewer April home sales, higher sale prices in King County

Puget Sound Business Journal

Date: Thursday, May 5, 2011, 10:42am PDT   

There were fewer April home sales in King County compared with a year ago, but the average home sale price rose dramatically.

There were fewer April home sales in King County compared with a year ago, but the average home sale price rose dramatically.

In King County, there were 1,896 home closings last month, compared with 2,096 a year ago, but the average home sale in April was $410,289, up from $408,715 in 2010 and $394,918 in March 2011.

Brokers surveyed by the Northwest Multiple Listing Service (NWMLS) said the lower number of homes on the market is leading to a competitive market, with sellers receiving multiple offers from buyers on their homes.

NWMLS data from the 21 Western Washington counties it surveys indicate that there were 10,083 new listings in April, compared with 12,664 a year earlier. Total inventory in the NWMLS-surveyed area is down 13 percent from a year earlier.

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About rogerkinn44

Roger Kinnaman a Seattle real estate agent working at Coldwell Banker-Danforth.As a Certified Internet Marketing and Social Media Specialist, I can find your dream home or get you home sold in the shortest amount as time as possible. It’s all about service, integrity and research. Serving, local neighborhoods, North and Northeast Seattle and surrounding King County. In Seattle Magazine I was voted Five Star: Best in Client Satisfaction Real Estate Agent 2008 & 2010. .
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