Now that the first quarter is behind us, I thought it might be instructive to give it a little context.
Here’s a look at quarterly closed sales of King County single-family homes from 2000 through 2009 Q1:
And here’s the same view of pending sales:
…and here’s the same view of total new listings:
And lastly, just for fun, here’s a look at the quarter-to-quarter change in the median price for each quarter since Q1 2000:
Summary: It’s a good time to be home shopping.