Greater Seattle Real Estate Trends Blog - 2017 Year in Review
The Northwest Multiple Listing Service put together a quick infographic video with some pertinent points for Washington and the Greater Seattle real estate market.
This 1 minute and 13 second video starts with a look at the median selling price for Washington as a whole (and the corresponding year over year gain), then breaks it down further to look at King County, Pierce County, Snohomish County, and Kitsap County.
It next touches on the record low number of for sale by owner transactions, and then touches on the record low statewide inventory facing Washington.
The data presented in this video feels like the 'same old story' of a complete imbalance between supply and demand driving prices higher, which has been the case for years now. Though it does conclude with a positive note about new construction homes in Washington.