For the first week in over 8 weeks, weekly King County pending sales counts dipped in volume from the previous week. For the 7 day period ending on 5/27, the KC pending count came in at 498. Last week's high water mark for 2009 was 590 pending sales.
Eastside pending counts were also down, but close to the previous week. The Eastside areas tallied 155 pending sales this week vs. 166 last week. 40 percent of the pendings were under $500,000 for the week. Last week this percentage was 38%.
Metro Seattle Pendings were off significantly from the prior week coming in with 169. Last week these areas had 220. The price range under $500,000 came in with 64 percent of the pending sales. Last week, the under $500k price range had 75 percent of the pendings.
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Definitions:
Eastside: NWMLS AREAS 500,510,520,530,540,550,560,600
Seattle Metro: NWMLS AREAS 140,380,385,390,700,705,710,715,720
Pending: All pendings statuses with a pending date during the stated period.
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