Market Conditions

Written by Posted On Wednesday, 07 November 2007 16:00

Prices are up about 10.1% from this time last year, in Kirkland, Washington.

Increased buyer demand has swayed the balance between buyer and sellers, even as the market adjusts hard -- with 41.5 percent fewer sales than last year at this time.

And as one expert writes to Realty Times, "The real estate market continues to do well despite the lower levels of inventory and the large numbers of buyers searching for property."

The average sales price for late summer was $673,000 -- up from the $645,000 just a year ago.

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