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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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King CountyHome Prices for
June 2012
Presented byAnton Stetner
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
King County Months of Supply
Data From Broker Metrics via of Keller Williams Realty Marysville
King County Supply and Demand
Data From Broker Metrics via of Keller Williams Realty Marysville
King County Closed Sales
Based on Residential Closed Sales from NWMLS
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
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