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King County Home Prices for June 2012 Presented by Anton Stetner

King County Home Prices for June 2012

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King County, WA home prices for June 2012 where we talk about the market trends, inventory, foreclosures, turn over and what is happening here in King County.

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Page 1: King County Home Prices for June 2012

King CountyHome Prices for

June 2012

Presented byAnton Stetner

Page 2: King County Home Prices for June 2012

King County Foreclosure Inventories

Schedule for Sale are total number of properties with an Auction Date from a Notice of Trustees Sale. Bank Owned / REO is total number of foreclosed on Properties.Data from Foreclosureradar.com

Page 3: King County Home Prices for June 2012

King County Months of Supply

Data From Broker Metrics via of Keller Williams Realty Marysville

Page 4: King County Home Prices for June 2012

King County Supply and Demand

Data From Broker Metrics via of Keller Williams Realty Marysville

Page 5: King County Home Prices for June 2012

King County Closed Sales

Based on Residential Closed Sales from NWMLS

Page 6: King County Home Prices for June 2012

King County RE Market Summary

• Prices Stabilized? – Yes, well almost• Market Bottomed? – It sure feels like it but time will tell• Appreciation? – Might start to see some mild appreciation by end of year• Foreclosure Inventories are still down• Sales are Up and Under Contract are Up• Avg $ YTD -2.6% (almost a bottom, feels close)• Median $ YTD is up 0.9%• 2.5 Months of Inventory-Market Moving Fast!!! • Hardcore Sellers Market• The Seattle Metro and Eastside are both up for median and avg $ YTD • Ballard and Green Lake are really strong areas • 400K Over half of inventory SOLD in last 30 days

Page 7: King County Home Prices for June 2012

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