A recent Seattle Times article regarding sales in King County was published over the weekend. The statistics were very interesting. Here’s an excerpt:
The median price of a King County single-family home that sold in July was $384,000 — down 2.9 percent from $395,000 in June and down 13.7 percent from $445,000 in July 2008. No turnaround evident here.
But closed sales — which reflect demand — were up more than 10 percent from the same month last year, surging to their highest level since August 2007.
Here’s a LINK TO THE REST OF THE ARTICLE.
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