King & Snohomish County Market Stats – September 2016

What’s Happening In The Market?

While prices seem to have leveled out over the past 2 months the Days on Market have been still reducing at about a 5% clip per month.  Inventory has had slight increases across the marketplace, however, the Pending Sales have been trending upwards which has been eating up any inventory gains.  This is not the first time we have seen this type of activity over the past 12-24 months and don’t expect it to change anytime soon.