Nov. 23, 2009 - 2009 King County Home Sales

Single Family Homes For Sale in King County WA are represented in the graph below in the royal blue bar. The lighter blue bar represents homes sold YTD.

County-wide, 29% of homes sold for $300,000 or less, and 92% sold for $800,000 or less. I mention this because the new tax credit for 2009 - 2010 limits the purchase price to not more than $800,000.

On a County-wide basis that accounts for a huge % of people buying homes. BUT even though less than 8% of all home sales were for $800,000 or more, almost 20% of the homes for sale in King County have asking prices of more than $800,000. For the people trying to sell those homes, especially those trying to sell for a tad over the $800,000 cutoff...things may have gotten just a little bit harder.

In the graph below, I have just rearranged the numbers a bit to show that more than half of all homes sold in King County as a whole, sold for $400,000 or less.

Still, not many people, if any, are looking to buy or sell a home based on full County data results. So in subsequent posts I will break down the market areas to add meaningful detail to the stats.

(NWMLS requires this disclosure: These stats are not compiled, verified or posted by The Northwest Multiple Listing Service.)