This week in the King County market, sales rose to 3,068 homes sold over the last 30 days, which might be due in part to an established upward trend in price reductions, with 1,295 being reported in the same time frame. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. While the number of price reductions trended higher, months of inventory is on a four-week upswing, this week hitting one months. The increase in sales and the low inventory drive home the fact that King County is a solid seller's market.
from Alberta Matelich Wells-John L Scott http://ift.tt/1tlWZwE
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