Seattle Real Estate News October 2017:
Slowdowns in Some Areas, Price Hikes in Others
Seattle Real Estate News October 2017
KIRKLAND, Washington (October 5, 2017) –
“October will be the best month for selection and availability until late February,” proclaimed J. Lennox Scott when commenting on the latest statistics from Northwest Multiple Listing Service.
MLS figures for September show inventory reached 1.7 months of supply at the end of the month, matching the year-to-date high in February. That level is still well below the 4-to-6 months of supply that many industry analysts use as an indicator of a balanced market. [Read more…]