As November draws to a close, would anyone care to venture any guesses as to what the King County MLS numbers for the month will show? Here are my guesses, straight outta left field:
Median Closed Sales Price (Res): $435,000If the numbers come out close to those, that would pretty much fall in line with my expectations for the close of this year. YOY listings would be up ~32% and sales down ~14%, while the median price falls back slightly to early summer levels (but up ~12% YOY).
Median Closed Sales Price (Condo): $260,000
Active Listings (Res): 7,250
Pending Sales (Res): 2,000
I also predict that if pending sales are in that ballpark, there will be no shortage of claims in the press that the slow sales are "due to the unusually wet weather."
What are your predictions?