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Jul. 10, 2008 - 2nd Quarter King County Volume Down

Of course we know volume is down relative to last year.  That's pretty much true everywhere in the Country.

Of course the number of sales in the second quarter is more than the number of sales in the first quarter, however the % down has increased.

In the 1st Quarter of 2008 condo sales were down 38% compared to the first quarter of last year.  In the 2nd Quarter of 2008 condo sales are down 47% compared to 2nd quarter last year. 

In the 1st Quarter of 2008 SFH sales were down 31% compared to the 1st Quarter of 2007.  In the 2nd Quarter of 2008 SFH sales were down 37% compared to the 2nd Quarter of 2007.

So volume is not continuing to be less by the same percentage, it is dropping further.

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Aug. 14, 2008 - RE: 2nd Quarter King County Volume Down

Posted by rorysiems
"Of course the number of sales in the second quarter is more than the number of sales in the first quarter, however the % down has increased." yes. you have entered some tough but true lines.

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ARDELL DellaLoggia On Seattle Real Estate including Kirkland, Bellevue, Redmond, Green Lake and most areas around Lake Washington North of Downtown Seattle. Phone: 206-910-1000 - Mailto:Ardell@RainCityGuide.com

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