Seattle Real Estate Market In A Minute Update | October 2019

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🏡#MarketUpdate This month’s Market In A Minute is finally here! Home Buyers Seeking Affordability Are Expanding Search Outside Greater Seattle Job Centers.

Depleted inventory continues to frustrate would-be buyers in Western Washington. Many of these potential homeowners are expanding their search beyond the major job centers in King County.

A comparison of year-over-year statistics for August shows the volume of new listings dropped nearly 13% system-wide and 18.5% in King County. Last month’s total number of new listings (10,488) declined 6.3% from July’s volume (11,193).

Sean Reynolds

Sean Reynolds

The Owner and Designated Managing Broker of Summit Properties NW and Reynolds & Kline Appraisal.

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