April 4, 2008
March Real Estate Madness
Open houses this weekend:
- Open House: 2br Corner Unit Issaquah Townhome
- Open House: 3br with Open Floor Plan in Woodway
- Open House: Price Reduced 4br in Woodinville
- Open House: 4br In Sammamish With A Deluxe Master Bedroom
- Open House: 3br Redmond Townhome
- Open House: 3br Lynnwood Townhome
The NWMLS stats are out for March and they’re looking grim for sellers especially outside of King County. Skies are brighter near Seattle, we’re still in the black in King County in terms of average price.
Usually March is a better month for real estate but the anticipated upswing was nowhere to be seen. I think around this time people start spring cleaning and decide instead of get rid any of their stuff they really need a bigger place to store it. This spring we might see more garage sales since it seems people are staying put.
Seattle Bubble has done some comprehensive number crunching to show that in a nutshell in the greater Seattle area:
- supply is increasing
- demand is decreasing
- prices are declining
What else is new?
