Seattle Real Estate in December: Sales up 18.7% YoY, Inventory down 24.6% YoY

The Northwest Multiple Listing Service reported Eager home buyers were plentiful in December but their choices were meager "The buyers are out there and are showing up at open houses and making multiple offers on new listings," was how one industry leader summarized December's housing activity involving members of the Northwest Multiple Listing Service. ... Newly-released figures from Northwest MLS show inventory at the end of December was down 31% from the same month a year ago , with only 8,469 active listings compared to the year-ago total of 12,275. The figures include single family homes ......(read more)

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