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June 2009 Seattle Area Market Updates

July 25th, 2009 Posted in Seattle Area Market Updates

June 2009 Seattle Area Market Updates

JuneKING COUNTY
In King County, number of sales increased by 20.7% over May which is a strong rise month over month. First time home buyers carry the day, and we are busy busy busy, closing 4 first time home buyer transactions!  We are still seeing multiple offer situations on the lowest price range homes as well as bank owned homes in most price ranges.  From June‘08 to June ‘09 the median price is down 12.16%.

SNOHOMISH COUNTY
In Snohomish County, the number of sales rose 8% from May ‘09.  The average price of a residence is 11.61% lower than June ‘08. The rate of price drops is slowing.

Please remember that these numbers are county wide trends, and that real estate pricing is very localized and can also be affected by the owner’s situation.
Please call us for a closer look at properties that interest you.

Lynette Hensley

Here are downloadable PDF’s:
Real Estate Market updates for King, Snohomish Counties:
King County

Snohomish County

Compiled by our title partner, from MLS statistics.

Lynette Hensley, Associate Broker, Realtor
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