NWMLS: August 2011 Market Update
Northwest MLS brokers notch this year’s best monthly tally of sales during August
KIRKLAND, WA, September 6, 2011. August now ranks as this year’s best month for both pending and closed sales around Washington state, according to the latest report from Northwest Multiple Listing Service. Last month’s volume of pending sales was the highest number of mutually accepted offers since April 2010 when the homebuyer tax incentive expired.
Northwest MLS brokers reported 7,632 pending sales during August, a gain of more than 26 percent from the same month a year ago when they notched 6,037 pending sales. Last month’s total for the 21 counties in the MLS service area surpassed July by 450 transactions.
Thirteen counties had double-digit gains from a year ago, led by Snohomish County where pending sales jumped more than 46 percent.
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