Southeast King County Housing Update - Resale Only
The Winter Housing Market Arrives
Traditionally, the number of new monthly resale listings coming on the market drops substantially over the next four months compared to the spring-summer-fall. September is usually the high point for available unsold inventory, with January being the low point. After the holidays, the rise in the number of buyers will increase the Sales Activity Intensity™ for new resale listings.
SALES ACTIVITY INTENSITY™ SCALE
6.06%
4.13%
4.35%
2.89%
UNBELIEVABLE INTEREST RATES
3.18%
MONTHS SUPPLY SCALE
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KEY MARKET INDICATORS NOVEMBER 2023 (OCTOBER Recap)
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Source: NWMLS. Data is for Resale only.© 2023 John L. Scott Real Estate
