Seattle Real Estate in March: Sales down 7.8% YoY, Inventory up 136% YoY from Low Levels

The Northwest Multiple Listing Service reported Housing Market Rebounds From February Freeze Both pending sales and new listing activity around Western Washington surged during March as buyers, sellers, and brokers emerged from February's record snowfall. ... At month end, there were 12,017 active listings of single family homes and condos in the Northwest MLS database. That represents an increase of more than 36 percent from a year ago when there were only 8,825 active listings. Inventory more than doubled in King County compared to a year ago, rising from 2,060 active listings to 4,263 at......(read more)

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