{"id":104428,"date":"2017-04-10T12:34:09","date_gmt":"2017-04-10T19:34:09","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=104428"},"modified":"2017-04-10T12:35:39","modified_gmt":"2017-04-10T19:35:39","slug":"nwmls-median-price-surges-pending-sales-slip","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2017\/04\/10\/nwmls-median-price-surges-pending-sales-slip\/","title":{"rendered":"NWMLS: Median Price Surges As Pending Sales Slip"},"content":{"rendered":"<p><em>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 <a href=\"http:\/\/seattlebubble.com\/blog\/membership\/\" title=\"Seattle Bubble Membership\">becoming a member of Seattle Bubble<\/a>.<\/em><\/p>\n<p>February market stats have been published by the NWMLS this week. Here&#8217;s <a href=\"http:\/\/www.northwestmls.com\/index.cfm?\/News--Information\" title=\"NWMLS Press Release\">their press release<\/a>.<\/p>\n<blockquote><p><strong>NWMLS brokers report 50 percent spike in new listings<\/strong><\/p>\n<p>&#8220;Although we&#8217;re seeing better news for buyers related to increases in new listings during the past three months, we&#8217;re continuing to sell inventory at a faster rate,&#8221; stated Mike Grady, president and COO of Coldwell Banker Bain. &#8220;This lack of supply continues to put an upward pressure on home prices. We&#8217;re in for yet another frenzied spring,&#8221; he believes.<br \/>\n&#8230;<br \/>\n&#8220;It&#8217;s a straight up crazy, frenzy market in King and Snohomish counties,&#8221; said J. Lennox Scott, chairman and CEO of John L. Scott. About 75 percent of homes are selling within the first 30 days, according to his analysis.<\/p><\/blockquote>\n<p>I love how in <a href=\"http:\/\/seattlebubble.com\/blog\/2017\/03\/09\/nwmls-record-low-listings-sales-slip-slightly\/\" title=\"NWMLS: Record Low For Listings, Sales Slip Slightly\">last month&#8217;s post<\/a> I jokingly used &#8220;crazy hot&#8221; to refer Lennox&#8217;s obvious excitement over frothing prices, and this month he actually says it.<\/p>\n<p>What I don&#8217;t love is the absurd market we now find ourselves in. I suppose if I wanted to sell my house and leave the Seattle area, it would be awesome, but for most people in the area it <strong>stinks<\/strong>.<\/p>\n<div style=\"width: 590px; margin:0 auto 15px; border: 5px solid #000000; background:#FFFF00; color:#000000; font-variant: small-caps; font-size:130%; font-weight: bold; text-align: center; padding: 3px;\">\n<div style=\"font-size: 150%; background:#000000; color:#FFFF00; margin:-3px -3px -10px; padding:5px;\">CAUTION<\/div>\n<p><\/p>\n<p style=\"margin:0;\">NWMLS monthly reports include an <a href=\"http:\/\/seattlebubble.com\/blog\/2010\/08\/11\/one-more-look-at-bogus-reports-from-the-nwmls\/\" title=\"One More Look at Bogus Reports from the NWMLS\" style=\"color:#000000; text-decoration:underline;\">undisclosed and varying number<\/a> of<br \/>sales from previous months in their pending and closed sales statistics.<\/p>\n<\/div>\n<p>Here&#8217;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<style>.CNNTable {margin: 5px auto 15px;} .CNNTable td {padding: 0px 5px; text-align: center; font-size: .9em;} .top_row {font-weight: bold;} .CNNTable img {border:0;margin:0;}<\/style>\n<table class=\"CNNTable\" border=\"1\" cellpadding=\"0\" cellspacing=\"0\" style=\"width:450px;\">\n<tr class=\"top_row\">\n<th style=\"font-size: 105%; border-top: 0; border-left: 0;\">March 2017<\/th>\n<th>Number<\/th>\n<th>MOM<\/th>\n<th>YOY<\/th>\n<th>Buyers<\/th>\n<th>Sellers<\/th>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Active Listings<\/td>\n<td>1,703<\/td>\n<td>+18.8%<\/td>\n<td>-21.0%<\/td>\n<td><img decoding=\"async\" src=\"\/images-global\/down-red.gif\" \/><\/td>\n<td><img decoding=\"async\" src=\"\/images-global\/up-green.gif\" \/><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Closed Sales<\/td>\n<td>2,079<\/td>\n<td>+53.9%<\/td>\n<td>+8.8%<\/td>\n<td><img decoding=\"async\" src=\"\/images-global\/down-red.gif\" \/><\/td>\n<td><img decoding=\"async\" src=\"\/images-global\/up-green.gif\" \/><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">SAAS (<a href=\"http:\/\/seattlebubble.com\/blog\/2009\/04\/27\/seasonally-adjusted-active-supply-a-new-measure-of-market-virility\/\" title=\"Seasonally Adjusted Active Supply: A New Measure of Market Virility\">?<\/a>)<\/td>\n<td>1.27<\/td>\n<td>+12.3%<\/td>\n<td>-11.4%<\/td>\n<td><img decoding=\"async\" src=\"\/images-global\/down-red.gif\" \/><\/td>\n<td><img decoding=\"async\" src=\"\/images-global\/up-green.gif\" \/><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Pending Sales<\/td>\n<td>2,723<\/td>\n<td>+30.7%<\/td>\n<td>-5.4%<\/td>\n<td><img decoding=\"async\" src=\"\/images-global\/up-green.gif\" \/><\/td>\n<td><img decoding=\"async\" src=\"\/images-global\/down-red.gif\" \/><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Months of Supply<\/td>\n<td>0.82<\/td>\n<td>-22.8%<\/td>\n<td>-27.5%<\/td>\n<td><img decoding=\"async\" src=\"\/images-global\/down-red.gif\" \/><\/td>\n<td><img decoding=\"async\" src=\"\/images-global\/up-green.gif\" \/><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Median Price<a href=\"http:\/\/seattlebubble.com\/blog\/2010\/03\/10\/declines-in-kings-median-price-softened-by-sales-shifts\/\" title=\"Declines in King's Median Price Softened by Sales Shifts\">*<\/a><\/td>\n<td>$599,950<\/td>\n<td>+7.1%<\/td>\n<td>+12.9%<\/td>\n<td><img decoding=\"async\" src=\"\/images-global\/down-red.gif\" \/><\/td>\n<td><img decoding=\"async\" src=\"\/images-global\/up-green.gif\" \/><\/td>\n<\/tr>\n<\/table>\n<p>For the second month in a row, the only &#8220;good news&#8221; for buyers in this month&#8217;s numbers is the year-over-year decline in pending sales. Interestingly, although pending sales have been down year-over-year for two months in a row now, closed sales continued to increase year-over-year.<\/p>\n<p>Here&#8217;s your closed sales yearly comparison chart:<\/p>\n<p style=\"margin: 5px auto; font-size: 0.8em; text-align: center;\"><a title=\"King County SFH Closed Sales\" href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/04\/KingCoSFHClosed_2017-03.png\" rel=\"lightbox[104428]\"><img decoding=\"async\" style=\"border: 0;\" title=\"King County SFH Closed Sales - Click to enlarge\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/04\/KingCoSFHClosed_2017-03.png\" alt=\"King County SFH Closed Sales\" \/><\/a><\/p>\n<p>Closed sales shot up 54 percent from February to March. Last year over the same period closed sales rose 44 percent, so while this was a strong increase it was slightly less of a seasonal bump than last year. Despite that, year-over-year closed sales increased from up two percent in February to up nine percent in March.<\/p>\n<p style=\"margin: 5px auto; font-size: 0.8em; text-align: center;\"><a title=\"King County SFH Pending Sales\" href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/04\/KingCoSFHPending_2017-03.png\" rel=\"lightbox[104428]\"><img decoding=\"async\" style=\"border: 0;\" title=\"King County SFH Pending Sales - Click to enlarge\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/04\/KingCoSFHPending_2017-03.png\" alt=\"King County SFH Pending Sales\" \/><\/a><\/p>\n<p>Pending sales rose 31 percent from February to March, but were down five percent year-over-year.<\/p>\n<p>Here&#8217;s the graph of inventory with each year overlaid on the same chart.<\/p>\n<p style=\"margin: 5px auto; font-size: 0.8em; text-align: center;\"><a title=\"King County SFH Inventory\" href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/04\/KingCoSFHInventory_2017-03.png\" rel=\"lightbox[104428]\"><img decoding=\"async\" style=\"border: 0;\" title=\"King County SFH Inventory - Click to enlarge\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/04\/KingCoSFHInventory_2017-03.png\" alt=\"King County SFH Inventory\" \/><\/a><\/p>\n<p>Listings rose 19 percent from February to March, which is a larger increase than the 12 percent gain we saw last year. Still though, year-over-year listings were down 21 percent.<\/p>\n<p>Here&#8217;s the chart of new listings:<\/p>\n<p style=\"margin: 5px auto; font-size: 0.8em; text-align: center;\"><a title=\"King County SFH New Listings\" href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/04\/KingCoSFHNewListings_2017-03.png\" rel=\"lightbox[104428]\"><img decoding=\"async\" style=\"border: 0;\" title=\"King County SFH New Listings - Click to enlarge\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/04\/KingCoSFHNewListings_2017-03.png\" alt=\"King County SFH New Listings\" \/><\/a><\/p>\n<p>We&#8217;re not setting new record lows anymore, so that&#8217;s good. Still though, the number of new listings fell slightly short of last year&#8217;s level.<\/p>\n<p>Here&#8217;s the supply\/demand YOY graph.  &#8220;Demand&#8221; in this chart is represented by closed sales, which have had a consistent definition throughout the decade (unlike pending sales from NWMLS).<\/p>\n<p style=\"margin: 5px auto; font-size: 0.8em; text-align: center;\"><a title=\"King County Supply vs Demand % Change YOY\" href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/04\/KingCoSupplyVsDemandPct_2017-03.png\" rel=\"lightbox[104428]\"><img decoding=\"async\" style=\"border: 0;\" title=\"King County Supply vs Demand % Change YOY - Click to enlarge\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/04\/KingCoSupplyVsDemandPct_2017-03.png\" alt=\"King County Supply vs Demand % Change YOY\" \/><\/a><\/p>\n<p>No big change here, it is still a very strong sellers&#8217; market out there.<\/p>\n<p>Here&#8217;s the median home price YOY change graph:<\/p>\n<p style=\"margin: 5px auto; font-size: 0.8em; text-align: center;\"><a title=\"King County SFH YOY Price Change\" href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/04\/KingCoSFHPrices_2017-03.png\" rel=\"lightbox[104428]\"><img decoding=\"async\" style=\"border: 0;\" title=\"King County SFH YOY Price Change - Click to enlarge\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/04\/KingCoSFHPrices_2017-03.png\" alt=\"King County SFH YOY Price Change\" \/><\/a><\/p>\n<p>Back up into double digits. We&#8217;ll take a look later this month at how sales were distributed throughout the county, which is often a large driver of big month-to-month changes in the median price.<\/p>\n<p>And lastly, here is the chart comparing King County SFH prices each month for every year back to 1994 (not adjusted for inflation).<\/p>\n<p style=\"margin: 5px auto; font-size: 0.8em; text-align: center;\"><a title=\"King County SFH Prices\" href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/04\/KingCoSFHPricesYearly_2017-03.png\" rel=\"lightbox[104428]\"><img decoding=\"async\" style=\"border: 0;\" title=\"King County SFH Prices - Click to enlarge\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/04\/KingCoSFHPricesYearly_2017-03.png\" alt=\"King County SFH Prices\" \/><\/a><\/p>\n<p>Well, I said we were likely to hit new highs soon, and now we have. Looks like we&#8217;ll have to adjust the scale on that chart very soon.<\/p>\n<p>March 2017: $599,950<br \/>\nJuly 2007: $481,000 <em>(previous cycle high)<\/em><\/p>\n<p>Here&#8217;s the article from the Seattle Times: <a href=\"http:\/\/www.seattletimes.com\/business\/real-estate\/seattle-home-prices-hit-700000-for-first-time-after-doubling-in-five-years\/\" title=\"Seattle\u2019s median home price hits record: $700,000, double 5 years ago\">Seattle\u2019s median home price hits record: $700,000, double 5 years ago<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>February market stats have been published by the NWMLS this week&#8230;<\/p>\n<p>For the second month in a row, the only &#8220;good news&#8221; for buyers in this month&#8217;s numbers is the year-over-year decline in pending sales. Interestingly, although pending sales have been down year-over-year for two months in a row now, closed sales continued to increase year-over-year&#8230;<\/p>\n","protected":false},"author":2,"featured_media":104431,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":true,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"On the blog: NWMLS: Median Price Surges As Pending Sales Slip","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[8,616],"tags":[6,521,200],"coauthors":[1158],"class_list":["post-104428","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stats","category-counties","tag-nwmls","tag-saas","tag-statistics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NWMLS: Median Price Surges As Pending Sales Slip \u2022 Seattle Bubble<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/seattlebubble.com\/blog\/2017\/04\/10\/nwmls-median-price-surges-pending-sales-slip\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"NWMLS: Median Price Surges As Pending Sales Slip \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"February market stats have been published by the NWMLS this week...  For the second month in a row, the only &quot;good news&quot; for buyers in this month&#039;s numbers is the year-over-year decline in pending sales. Interestingly, although pending sales have been down year-over-year for two months in a row now, closed sales continued to increase year-over-year...\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/04\/KingCoSFHNewListings_2017-03.png\" \/>\n<meta name=\"twitter:creator\" content=\"@The_Tim\" \/>\n<meta name=\"twitter:site\" content=\"@SeattleBubble\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"The Tim\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2017\/04\/10\/nwmls-median-price-surges-pending-sales-slip\/\",\"url\":\"https:\/\/seattlebubble.com\/blog\/2017\/04\/10\/nwmls-median-price-surges-pending-sales-slip\/\",\"name\":\"NWMLS: Median Price Surges As Pending Sales Slip \u2022 Seattle Bubble\",\"isPartOf\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2017\/04\/10\/nwmls-median-price-surges-pending-sales-slip\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2017\/04\/10\/nwmls-median-price-surges-pending-sales-slip\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/04\/KingCoSFHNewListings_2017-03.png\",\"datePublished\":\"2017-04-10T19:34:09+00:00\",\"dateModified\":\"2017-04-10T19:35:39+00:00\",\"author\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f\"},\"breadcrumb\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2017\/04\/10\/nwmls-median-price-surges-pending-sales-slip\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/seattlebubble.com\/blog\/2017\/04\/10\/nwmls-median-price-surges-pending-sales-slip\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2017\/04\/10\/nwmls-median-price-surges-pending-sales-slip\/#primaryimage\",\"url\":\"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/04\/KingCoSFHNewListings_2017-03.png\",\"contentUrl\":\"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/04\/KingCoSFHNewListings_2017-03.png\",\"width\":906,\"height\":618},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2017\/04\/10\/nwmls-median-price-surges-pending-sales-slip\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/seattlebubble.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"NWMLS: Median Price Surges As Pending Sales Slip\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#website\",\"url\":\"https:\/\/seattlebubble.com\/blog\/\",\"name\":\"Seattle Bubble\",\"description\":\"local\u00a0real\u00a0estate\u00a0news, statistics,\u00a0and\u00a0commentary without\u00a0the\u00a0sales\u00a0spin.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/seattlebubble.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f\",\"name\":\"The Tim\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/image\/37756956c11dcc50d2559761ffa5ee70\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g\",\"caption\":\"The Tim\"},\"description\":\"Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer \/ internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market. 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Interestingly, although pending sales have been down year-over-year for two months in a row now, closed sales continued to increase year-over-year...","twitter_image":"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/04\/KingCoSFHNewListings_2017-03.png","twitter_creator":"@The_Tim","twitter_site":"@SeattleBubble","twitter_misc":{"Written by":"The Tim","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/seattlebubble.com\/blog\/2017\/04\/10\/nwmls-median-price-surges-pending-sales-slip\/","url":"https:\/\/seattlebubble.com\/blog\/2017\/04\/10\/nwmls-median-price-surges-pending-sales-slip\/","name":"NWMLS: Median Price Surges As Pending Sales Slip \u2022 Seattle Bubble","isPartOf":{"@id":"https:\/\/seattlebubble.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/seattlebubble.com\/blog\/2017\/04\/10\/nwmls-median-price-surges-pending-sales-slip\/#primaryimage"},"image":{"@id":"https:\/\/seattlebubble.com\/blog\/2017\/04\/10\/nwmls-median-price-surges-pending-sales-slip\/#primaryimage"},"thumbnailUrl":"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/04\/KingCoSFHNewListings_2017-03.png","datePublished":"2017-04-10T19:34:09+00:00","dateModified":"2017-04-10T19:35:39+00:00","author":{"@id":"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f"},"breadcrumb":{"@id":"https:\/\/seattlebubble.com\/blog\/2017\/04\/10\/nwmls-median-price-surges-pending-sales-slip\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/seattlebubble.com\/blog\/2017\/04\/10\/nwmls-median-price-surges-pending-sales-slip\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/seattlebubble.com\/blog\/2017\/04\/10\/nwmls-median-price-surges-pending-sales-slip\/#primaryimage","url":"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/04\/KingCoSFHNewListings_2017-03.png","contentUrl":"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/04\/KingCoSFHNewListings_2017-03.png","width":906,"height":618},{"@type":"BreadcrumbList","@id":"https:\/\/seattlebubble.com\/blog\/2017\/04\/10\/nwmls-median-price-surges-pending-sales-slip\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/seattlebubble.com\/blog\/"},{"@type":"ListItem","position":2,"name":"NWMLS: Median Price Surges As Pending Sales Slip"}]},{"@type":"WebSite","@id":"https:\/\/seattlebubble.com\/blog\/#website","url":"https:\/\/seattlebubble.com\/blog\/","name":"Seattle Bubble","description":"local\u00a0real\u00a0estate\u00a0news, statistics,\u00a0and\u00a0commentary without\u00a0the\u00a0sales\u00a0spin.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/seattlebubble.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f","name":"The Tim","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/image\/37756956c11dcc50d2559761ffa5ee70","url":"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g","caption":"The Tim"},"description":"Tim Ellis is the founder of Seattle Bubble. 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