In order to get a little bit better of a feel for how the tax credit expiration is affecting the sales mix, let’s take another look at a histogram of single-family home sales in King County.<\/p>\n
To generate the chart below, I downloaded all the sales data for homes sold in King County from the beginning of the year through the end of July. Since my data download puts late-reported sales into the month that the sale actually took place rather than in the month they were reported<\/a>, there is a slight difference in the number of sales I’m counting vs. what the NWMLS reports each month.<\/p>\n The NWMLS reports showed 1,879 sales in June and 1,474 in July (a 22% MOM drop), while my data includes 2,008 sales in June and 1,425 in July (a 29% MOM drop).<\/p>\n