King County – Residential
For sale – 8,680 – UP 172
In Escrow – 2,064 – UP 158
Closed month to date – 608 – UP 169
King County – Condo Market
For sale – 3,009 – UP 80
In escrow – 823 – UP 25 – 2.6% of those are contingent contracts
Closed month to date – 204 – UP 60
Next week I’ll have to post both end of month and Sunday night stats plus YOY closings for the month of January.
Single family home market keeping pretty good pace with those closing and going into escrow vs. coming on market. Condos not so good. Hard to believe that with over 3,000 on market, only 18 went into escrow two weeks ago and 25 this past week. If the condos don’t move, the single family market will see the consequences of that come Spring and Summer.
“Statistics not compiled or published by NWMLS.