By Greg Perry, Eastside Realtor
Overall, August saw a general slowing in the rate of sale between Active inventory and Pending inventory (just sold). Active inventory was UP 5% over 2013 and Pending inventory fell back 8%. While all Eastside areas are still in the SELLER'S ADVANTAGE range (see red areas on the heat map), all Eastside areas had a slight dip in the rate of sale.
MEDIAN PRICES UP 11%. The Eastside median price for August 2014 was $649,881. Last year's median price came in at $587,400.
Homes are still selling quite quickly with an active market time of 40 days.
Here are a couple great charts to view (click to expand).
EASTSIDE STATISTICS YOU MUST KNOW
2014 AUGUST HEAT MAP
eastside real estate, real estate statistics,