Seattle Real Estate in July: Sales up 10% YoY, Inventory down 15% YoY

The Northwest Multiple Listing Service reported Opportunities abound for home buyers and sellers, but brokers say "don't delay" Brokers added the largest monthly number of new listings during July since May 2019, but pent-up demand from homebuyers meant inventory remained tight, according to Northwest Multiple Listing Service (NWMLS) representatives who commented on the latest housing activity report. … MLS member-brokers reported 9,840 closed sales during July, up slightly more than 3% from a year ago and the highest volume since June 2018 when they notched 10,072 completed transactions.......(read more)

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