NWMLS: Listings up, sales flat, prices fall in May

The NWMLS published their May stats today, so let's take a look at how the month shook out for the housing market. The King County median price of single-family homes was down year-over-year in May, the third month in a row of declines. Inventory was up from a year ago again, but the as we mentioned in the preview post earlier this week, the rate of increase is rapidly declining from the all-time high set in December. Pending and closed sales are increasing, but only modestly.

The post NWMLS: Listings up, sales flat, prices fall in May appeared first on Seattle Bubble.

NWMLS: Listings up, sales flat, prices fall in May
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