Monday, November 10, 2008

Numbers you should know...

Here are the recent sales numbers for single-family homes in the city of Seattle. Only 26% of the available homes sold or went under contract in the month of October. A more balanced market would see that number grow to 50%. One encouraging number to notice is the decrease in available listings. This amount will hopefully continue to drop as buyers eat up the current inventory and sellers hold off on listing their homes during the holidays.
Click on the chart to see a larger view!

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