December market stats have been published by the NWMLS. Here’s a quick excerpt from their press release:
“Exceptionally Low” Inventory Slows Year-End Home Sales, Contributes to Steep Price Hikes around Greater Seattle region
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This is the lowest level on record (going back to 2000) for months of supply. The previous record low was December 2016 at 0.76, and the record low before that was December 2015 at 0.86. Supply and demand have never been as far out of balance in the Seattle area as they are right now…