Seattle Real Estate in September: Sales Down 29% YoY, Inventory up 78% YoY

The Northwest Multiple Listing Service reported Balance "finally returning" to housing market as buyers welcome more choices, moderating prices Housing inventory continued to improve during September while the pace of sales slowed in many counties served by Northwest Multiple Listing Service. "Balance is finally returning to the market, and with it, slowing home price growth," stated OB Jacobi, president of Windermere Real Estate. A new report from Northwest MLS shows double-digit increases in inventory in several of the 23 counties it serves, led by a 78 percent year-over-year gain in King......(read more)

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