The Pending sales volume for March was up 35% in Seattle and 28% for King County as a whole; over February of 2009.  In comparison, the 2008 increase was just 9% in Seattle and 10% Countywide. 

Single family home sales are down just 1.6% countywide compared to March of 2008.  Median house prices are down 17% for all of the County over March 2008.  City prices are down 14% for the same timeframe.

Another positive statistic is the decrease in homes listed for sale; which is down 9.5% in the County and 7.5% in Seattle from March 2008; coming afer smaller drops in January and February of this year.  This continued decrease in availability should stabilize prices as demand rises to meet the supply.

For specifics about your community, contact betsy@betsyweyer.com