{"id":104067,"date":"2016-09-09T09:31:15","date_gmt":"2016-09-09T16:31:15","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=104067"},"modified":"2016-09-09T09:31:15","modified_gmt":"2016-09-09T16:31:15","slug":"nwmls-sales-listings-august","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2016\/09\/09\/nwmls-sales-listings-august\/","title":{"rendered":"NWMLS: Sales Up, Listings Down in August"},"content":{"rendered":"

Get access to the full spreadsheets used to make the charts in this and other posts, as well as a variety of additional insider benefits by becoming a member of Seattle Bubble<\/a>.<\/em><\/p>\n

Apologies for the absence! I’ve been having some computer issues lately, plus I had a few very busy weeks of my other obligations in life. Here’s your NWMLS data!<\/p>\n

August market stats were published by the NWMLS on Wednesday. Here’s an excerpt from the NWMLS press release<\/a>:<\/p>\n

Housing market still active, with overall direction “positive””<\/strong><\/p>\n

“The market remains just as intense as July,” observed J. Lennox Scott, chairman and CEO at John L. Scott, Inc. “The best opportunity for homebuyers to find a home will be in the next 60 days,” he suggested, explaining the number of new listings coming on the market is likely to drop by 50 percent each month between November and February. “We expect a repeat of conditions from last winter when every available home that came on the market in areas with a shortage of inventory received quick action.”<\/p><\/blockquote>\n

Always be closing, Lennox. Always. Be. Closing.<\/p>\n

\n
CAUTION<\/div>\n

<\/p>\n

NWMLS monthly reports include an undisclosed and varying number<\/a> of
sales from previous months in their pending and closed sales statistics.<\/p>\n<\/div>\n

Here’s your King County SFH summary, with the arrows to show whether the year-over-year direction of each indicator is favorable or unfavorable news for buyers and sellers (green = favorable, red = unfavorable):<\/p>\n