Have We Reached This Year's Peak in King County Homes For Sale?

Did we hit the peak a couple of weeks ago when the number of homes for sale in King County, WA hit 14,198?

King County Real Estate for Sale

Number of King County, WA Homes for Sale, 7-06-10

There are a lot of homes for sale in King County Washington right now, although the number may be beginning to drop if this year follows typical patterns.  The peak may have been the week of June 28th. In 2009, King County reached the peak of inventory, homes for sale at the end of July.  Typically, there are more homes for sale during the summer and this year follows that typical pattern.

Since the beginning of the year, there have only been 6 weeks when the number of homes for sale dropped.  This past week, 277 homes came off the market, which is one of the biggest declines in homes for sale.  The next several weeks will determine whether we have reached the peak in the number of King County homes for sale as rarely does the peak not fall during the summer months.

What’s happening in your area?  Is the inventory of homes for sale at a high point in the year?

Posted on July 7, 2010 at 6:08 pm
The Beaupain Team | Category: For Buyers, For Homeowners, For Sellers, Market Statistics, Real Estate | Tagged , , , ,

4 responses to “Have We Reached This Year's Peak in King County Homes For Sale?”

  1. I personally don’t think so Debra. It seems like there have been many more new listings than sales lately – although I do agree the summer months traditionally have more homes for sale. I’ll think we may continue to see increases in those numbers.

  2. Debra Sinick says:

    I am hoping you are right, Joe. But we shall see. I do agree there are far more new listings than sales lately. We have the double whammy of now absolutely fabulous, but hot, weather when people want to play and the expiration of the tax credit. I think we may not see much of an increase in sales either.

    On another note, I will be previewing your listing in the Highlands in the next few days.

  3. Debra Sinick says:

    Hey, Joe.

    Let’s check back with each other at the end of August to see what’s happening. Meanwhile, enjoy the sun.

  4. Hi Debra – thank you for wanting to preview my listing in the Kirkland Highlands. It’s a great house and I look forward to your feedback.

    If you are interested, I am holding public open houses both today (Saturday July 10) and tomorrow (Sunday the 11th) and you are more than welcome to stop by. It would be good to see you!

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