{"id":105824,"date":"2019-07-08T12:40:45","date_gmt":"2019-07-08T19:40:45","guid":{"rendered":"https:\/\/seattlebubble.com\/blog\/?p=105824"},"modified":"2019-07-09T12:22:22","modified_gmt":"2019-07-09T19:22:22","slug":"nwmls-home-prices-and-sales-stagnated-in-june","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2019\/07\/08\/nwmls-home-prices-and-sales-stagnated-in-june\/","title":{"rendered":"NWMLS: Home prices and sales stagnated in June"},"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

Five posts in a single day! This has to be some kind of record.<\/p>\n

The NWMLS just updated their June stats, so let’s take a look at how the month shook out for the housing market. The King County median price of single-family homes was down year-over-year again in June, the fourth month in a row of declines. Inventory was up from a year ago again, but the as we mentioned in the preview post earlier this morning<\/a>, the rate of increase is rapidly declining from the all-time high set in December. Closed sales were down a bit from a year earlier, while pending sales were up slightly.<\/p>\n

The NWMLS hasn’t published their press release<\/a> yet, so let’s get straight into the numbers.<\/p>\n

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CAUTION<\/div>\n

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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