MLS director John Deely, principal managing broker at Coldwell Banker Bain in Seattle, described King County’s residential market as “balanced on a fulcrum between growth, stagnation, and decline.” New listings of single family homes (excluding condos) in King County dropped year-over-year and when compared to last month, he noted. Total active listings and pending sales both improved from a year ago, but slipped from June’s totals.
- Median price dropped 2.7%.
- Increased listing inventory from prior months put pressure on pricing,”
- Home Prices declined about 2.9% from June.
The Cascade Team Real Estate is a 2019 Neighborhood Favorite on NextDoor!
Northwest MLS brokers report mixed activity during July, as volume of closed sales
…