{"id":1384,"date":"2008-01-07T11:45:11","date_gmt":"2008-01-07T19:45:11","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/2008\/01\/07\/nwmls-seattle-off-15-yoy-king-county-off-11\/"},"modified":"2008-01-29T09:49:07","modified_gmt":"2008-01-29T17:49:07","slug":"nwmls-seattle-off-15-yoy-king-county-off-11","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2008\/01\/07\/nwmls-seattle-off-15-yoy-king-county-off-11\/","title":{"rendered":"NWMLS: Seattle off 1.5% YoY, King County off 1.1%"},"content":{"rendered":"

Quick post, NWMLS numbers have been released for December – showing that both Seattle and King County SFH have gone negative on a year-over-year basis.<\/p>\n

From Aubry Cohen at the PI<\/a><\/p>\n

The median selling price in December was $455,975 in Seattle

Edit:
\nHere are a couple other tidbits. First number is Seattle, second is King County
\n– Pending sales off 23% and 34%
\n– Closed sales off 14% and 28%
\n– Inventory up a whopping 70% and 61%, respectively<\/p>\n

It’s hard to put a positive spin on a month as dismal as this one, but based on the articles posted so far – the press release appears to try with a few “Yun-esque” Realtor quotes.<\/p>\n

In a news release accompanying the numbers, area brokers said flooding and above-normal precipitation contributed to the typical seasonal slowdown, but expressed optimism about the market.<\/p>\n

“Traffic at open houses between Christmas and New Year’s was the heaviest we’ve seen in a long time,” said Dick Beeson, a listing-service director and broker\/owner of Windermere\/Commencement Associates, in Tacoma. “I believe the bottom has arrived in the Puget Sound marketplace and from here on prices will stay level or advance slightly in 2008.”<\/p>\n

J. Lennox Scott, chairman and chief executive of John L. Scott Real Estate, said several factors point to a market turnaround.<\/p>\n

“Interest rates are down, sellers have adjusted their prices, apartments are full, job growth is strong and there is a pent-up demand of buyers coming into the market,” he said.<\/p><\/blockquote>\n

The full text of the NWMLS press release is available over at Seattle Housing Buzz<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Quick post, NWMLS numbers have been released for December – showing that both Seattle and King County SFH have gone negative on a year-over-year basis. From Aubry Cohen at the PI The median selling price in December was $455,975 in SeattleInfolgedessen wenn Sie bequemem Vorratsbehalter online denken, \u00fcberpruft Organisation Ihr Schotterhaufen oder Einkaufen auf Ihrer…<\/p>\n","protected":false},"author":8,"featured_media":0,"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":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[8],"tags":[432,6,200],"coauthors":[],"class_list":["post-1384","post","type-post","status-publish","format-standard","hentry","category-stats","tag-beeson","tag-nwmls","tag-statistics"],"yoast_head":"\nNWMLS: Seattle off 1.5% YoY, King County off 1.1% \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\/2008\/01\/07\/nwmls-seattle-off-15-yoy-king-county-off-11\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"NWMLS: Seattle off 1.5% YoY, King County off 1.1% \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"Quick post, NWMLS numbers have been released for December – showing that both Seattle and King County SFH have gone negative on a year-over-year basis. 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