Listing inventory has remained stable with about the same number of new listings as pending sales in all areas except Ballard-Greenlake, which saw a decline in the number of available homes for sale; and North Seattle, which had a 10% + increase in the number of homes for sale. Renton, East Bellevue, East Lake Sammamish, Kirkland, Woodinville and Ballard-Greenlake where are hotbeds of activity with a significant increase in pending sales over the week prior.
Only one area, Mercer Island $2 million and above, was a buyer’s market—with 57 homes for sale and few sales in the past month resulting in a 13-month supply of standing inventory on the market.
East Lk Sammamish
© Copyright 2016, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.