Are We Seeing The Number of Homes On The Market in King County Dropping?

Number of King County Homes for Sale 11-29-10

It’s easy to see that King County real estate is following the national trend right now. There are fewer homes on the market than just a few weeks ago and, definitely, from a few months ago.  The peak of the competition was back in the last week of July when there were 14,639 homes on the market.

This week, we’re about ready to cross the line below 12,000 homes for sale with the number standing at 12,119.  The number of King County homes for sale should drop back below 12,000 by next week or the week after.   Plan on it.

It would be great to get back below the the 10,000 mark as we did back at the beginning of this year.

Many people think this time of year isn’t a good time to sell a home.  With the lower number of homes for sale, meaning less competition for buyers, what do you think?