Archive
Category: Monthly Market Update
Monthly Market Update
Market offers hope for homebuyers, but Northwest MLS brokers say it may be temporary
KIRKLAND, Washington (July 7, 2021) – Homebuyers may find some good news in the latest report from Northwest Multiple Listing Service (NWMLS). The number of active listings at the end of June, 6,358, reached the highest level since November when buyers could choose from 6,505 properties. The volume of new [..]
Monthly Market Update
May marked a month of new records for some Northwest MLS market indicators
KIRKLAND, Washington (June 7, 2021) – May was a month of record-setting highs and lows for some key housing market indicators tracked by Northwest Multiple Listing Service. Northwest MLS director Robb Wasser, branch manager at Windermere Real Estate/East in Bellevue, noted the number of active listings for single family homes [..]
Monthly Market Update
Brokers detect good news for home buyers, citing gains in listings and moderating prices
KIRKLAND, Washington (May 5, 2021) – Finally, some good news for home buyers! Sizeable increases in new listings compared to a year ago and reports of moderating prices “might mean we are seeing some relief for buyers,” suggested John Deely, a board member at Northwest Multiple Listing Service. In commenting [..]
Monthly Market Update
Northwest MLS brokers say bidding wars, escalating prices, and buyer fatigue are widespread
KIRKLAND, Washington (April 7, 2021) – Brokers with Northwest Multiple Listing Service (NWMLS) added 10,562 new listings to inventory during March — the highest volume since September when they added 11,210 properties to the selection. Even so, demand continued to outstrip supply, keeping inventory depleted. The latest statistical summary from [..]
Monthly Market Update
Housing market stays hot despite some “lousy” February weather
KIRKLAND, Washington (March 4, 2021) – Housing activity during February remained hot around much of Washington state despite significant accumulation of lowland snow over the Valentine’s Day weekend, according to latest statistical report from the Northwest Multiple Listing Service. “It’s amazing how close the February numbers are when compared to [..]
Monthly Market Update
Pandemic presents new option for home buyers as market “kept foot firmly on the accelerator”
KIRKLAND, Washington (February 4, 2021) – Home buyers who have been precluded from entering Puget Sound’s competitive market may want to consider condominiums as an option, according to industry experts who commented on the latest housing statistics from Northwest Multiple Listing Service. “With the trend toward telecommuting and moving to [..]
Monthly Market Update
“Extraordinary market conditions” sustain strong home sales around Washington state during holidays
KIRKLAND, Washington (January 6, 2021) – “Insatiable buyer demand” is keeping inventory scarce as house hunters try to outmaneuver and outbid each other, according to reports from Northwest Multiple Listing Service (NWMLS). Its statistical summary for December showed strong activity throughout the holiday season with double-digit increases in new listings, [..]
Monthly Market Update
Northwest MLS brokers say real estate activity across Washington remains strong
KIRKLAND, Washington (December 7, 2020) – Some real estate brokers expect the competition for homes to ease somewhat over the holidays, but the latest statistics from Northwest Multiple Listing Service indicate activity is unusually strong heading into December. “The rush is on for housing,” exclaimed J. Lennox Scott, chairman and [..]
Monthly Market Update
Anxiety among home buyers “incredibly high” as they vie for unprecedented shortage of homes across much of Washington state
KIRKLAND, Washington (November 5, 2020) – “Finding and buying a home today is more difficult than at any time in the past 40 years of my career,” was how broker Dick Beeson summed up the latest statistics from Northwest Multiple Listing Service. The Northwest MLS report recapping October activity showed [..]
Monthly Market Update
Northwest MLS brokers say September’s home sales reached highest level since June 2018
KIRKLAND, Washington (October 7, 2020) – Northwest Multiple Listing Service brokers completed 10,175 sales transactions during September – the highest monthly volume since June 2018 when MLS members reported 10,072 closed sales. September’s closings also marked a jump of nearly 28% from the same month a year ago, according to [..]