Seattle Real Estate in April: Sales down 25% YoY, Inventory down 31% YoY

The Northwest Multiple Listing Service reported Western Washington housing market adjusting to new ways of operating Residential real estate activity around Western Washington reflected expected declines during April with the impact of the coronavirus pandemic taking its toll. A new report from Northwest Multiple Listing Service shows year-over-year (YOY) drops system-wide in new listings, pending sales and closed sales, but prices increased nearly 6.4%. "With the first full month of post-COVID-19 data in hand, it's clear the Puget Sound housing market has been hit but not knocked out,"......(read more)

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