I know how much I enjoy being able to check RCG for mortgage rates every Friday, thanks to Rhonda. I’m going to try to do the same for King County Stats on Sunday nights. Each week I will also highlight a different City or Seattle Zip Code over on my blog. Tonight I did Kirkland Stats.
I don’t have any commentary for King County Stats tonight. But there’s plenty of commentary on the Kirkland Stats. There’s less than a three month supply of inventory for property priced at or below the median price sold in 2007. There’s a very strong buyer’s market in the high end of $1M or more for condos and $1.5M or more for single family homes.
I’ll try to post the stats here every Friday night for King County, but until we get a couple of months of sales, or the full first quarter of 2008, commentary would simply be conjecture. I don’t expect the number of homes sold in 2008 to be dramatically different in the first half of 2008, as they were in the last half of 2007.
I expect that brown slice of December 2007 closings to change a bit each week as agents post late. There were even a few late postings for November and October since last week. I’ll try to update and keep the data as accurate as possible. As always, and by mls rule, I must disclose that I, ARDELL compiled these stats using MLS as a source only. The data is not compiled by NWMLS.
“Statistics not compiled or published by NWMLS.