North Seattle Real Estate News |
North Seattle area homes sold last month at the slowest pace for a January in 13 years but are expected to make a big turn around . The region's median sale price continued to hold up relatively well, but rose only barely less than 1 percent above a year ago. It was the smallest annual gain for the median since 2001.
A total of 2,779 new and resale houses and condos closed escrow in the Seattle-Tacoma-Bellevue metro area encompassing King, Snohomish and Pierce counties. That was down 23.4 percent from 3,627 in December and down 34.2 percent from 4,223 in January 2007, according to DataQuick Information Systems of La Jolla, Calif. The firm tracks real estate trends nationally via public property records.
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