While home sales in the King County market have been above average, in this week's report they fell 6.9% to 3,453 homes sold over the last 30 days. In comparison, nearby Pierce County had 1,408 sales in the same time frame, the most of all neighboring counties. The median sales price dropped to $515,300 over the latest reporting period for King County, down from $523,342. Despite the slip in sales, a relatively low one month of inventory indicates that King County is a solid seller's market.
from Beth Kerr at John L. Scott Real Estate http://ift.tt/29NHQLO