Next up: Lively inventory.
The gains in stock and new listings were in King County. Snohomish and Pierce saw some increases, but farther out it’s of a mixed bag, with some counties still seeing inventory and declining listings.
Here ’s a graph comparing the cost in May. Every Puget Sound has exceeded the peak price plus can be charting new territory.
In summary: Thus far the inventory surge is largely happening in King County, but it looks like it might be starting to get some steam from the other counties. The closer you are to Seattle, the more inventory seems to be rising.
We are aware that stock is growing in King County, but allow ’s look at broader Puget Sound region. Now that May is over, let’s upgrade our “for King, Snohomish, Pierce, Kitsap, Thurston, Island, Skagit, and Whatcom counties Around the data.
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Inventory was up sizeably from year in King, Snohomish, and Skagit. Pierce was barely increased in by it, also fell in Thurston. Kitsap, Island, and Whatcom were all down double digits from a year before.
Here’take a peek at brand new listings across the area:
We’re heavy in vendors ’ market land, but all three of the central Puget Sound counties saw months of distribution increase.
To start, a table: