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Residential market update for March 2015 released

The Northwest MLS (NWMLS) released a market update summary and statistics for March of 2015 earlier this week. Here is a quick excerpt from the report:

Buyer anxiety is rising as the pace of home sales is faster than brokers are able to replenish inventory, according to members of Northwest Multiple Listing Service. Figures just released for March show 11,408 pending sales during the month while only 10,505 sellers listed their homes for sale during the same period.

Here is a link to the full news release:

http://www.northwestmls.com/index.cfm?/News–Information/page/Latest-Market-Update

And, here is a link to marketing statistics for March, including more detailed reports for King and Snohomish counties:

http://www.northwestmls.com/index.cfm?/News–Information/page/Marketing-Statistics

 

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