King County in September had the sharpest decline in inventory for single-family homes among the 26 counties in the Northwest Multiple Listing Service, with total active listings down 32.5 percent from a year ago.
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Competition for homes eased slightly in July across much of the state. Northwest Multiple Listing Service brokers expect the respite to be short-lived, however.
The story remains one of more buyer demand than houses available for sale.
The Walla Walla Association of Realtors will merge its multiple listing service with the Kirkland-based Northwest Multiple Listing Service.
King County’s median sales price for single-family homes and condominiums rose almost 10 percent in December from a year ago, hitting $676,000.
Housing supply remained tight, demand for homes remained high, and median sales prices continued to climb last month, according to new data from the Northwest Multiple Listing Service (NWMLS), which…