More good news is emerging from the housing market as pending sales rose 30% in Snohomish County from a year ago. Despite a 9% drop in median price from June 2008, Western Washington has seen a 4.4% increase since January of this year according to the Northwest Multiple listing service. Most of the sales are coming in the low to mid price ranges from $200,000 to $500,000. However, the upper end market is also showing since of improvement as buyer traffic has increased significantly over the last two months.
Read the full story from the Everett Herald here:
http://heraldnet.net/article/20090706/BIZ/907069987#Pending.home.sales.up.in.Snohomish.County
Closed sales are up 4% from a year ago in King County but the median price during that same time edged down slightly.
Read the full story from the Seattle Times here:
http://seattletimes.nwsource.com/html/realestate/2009424140_webhomesales06.html
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