Market Update for January 2019

King County

January showed year-over-year improvement in the volume of new listings and total inventory, along with moderating selling prices. Although fewer solds were reported in King county than a year ago, January started as a bit of a surprise with lots of activity which normally isn’t felt until later in the month. Buyers are giving signsof a healthy spring market with their increased search activity and rise in mortgage applications. Indications are that buyers are feeling the real estate market has finally stabilized and sellers are similarly encouraged by having more options with the increase in inventory. It still isn’t clear if the Spring market is going to come later than normal, as some economists have forecasted. All WE know is the market feels healthier than it has in many years!!

Snoqulamie

North Bend

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