Same as to prices. Even in the boom years, the relationship of prices from June to July was pretty much the same as it is now. Prices are running slightly above where they were this time of year in 2006.
Both of the above graphs are for King County Residential (not condo). The question isn’t whether or not August will be down, but whether it will be down in a normal relationship to June and July.
The text is centering and I can’t stop it 🙂 Since it’s almost 1 a.m., I will do the regular weekly stats in the morning and post a link here. I was more interested in end of July stats. A few more will trickle in for months, so I’d say July was not a bad month overall.
Stats not compiled or published by NWMLS (required disclosure)