Jul. 6, 2008 - Residential volume Down 56% from high in 2004

UPDATE:   As of today, July 21st, June 2008 closings show as 1,577.  This number can continue to change slightly throughout the year due to late postings of June closings.  That puts it at 54% lower than the high on a YOY basis.

Original post below:

Above are the stats for King County Residential Sales for the months of June from the year 2000 to present.  # of properties sold is down 56% from the high of 2004 and down 44% from June of last year and down 32% from as far back as I can go, which is the year 2000.

There are likely still some June 30 postings that have not been entered yet due to the 4th of July holiday weekend, so I will update this post in a few days.  Though I doubt the numbers will be dramatically different.

The condo market did not run the same pattern, so I will post the volume for condos in the next post, and then move on to prices.

 Statistics above are not posted or compiled by NWMLS (required disclosure)

Jul. 8, 2008 - RE: Residential volume Down 56% from high in 2004

Hi

It is a great and nice post and I like it

Jul. 8, 2008 - RE: Residential volume Down 56% from high in 2004

Hi

It is a nice moment for buyyers.

Jul. 11, 2008 - RE: Residential volume Down 56% from high in 2004