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NWMLS releases year end summary for 2014

The Northwest MLS has released its annual summary for 2014.  Here is a quick excerpt:

Despite tight inventory, Northwest MLS brokers complete more than 77,000 sales valued at nearly $28 billion during 2014

KIRKLAND, Wash. (Jan. 22, 2015) – Members of Northwest Multiple Listing Service reported 77,276 closed sales during 2014 to outgain the prior year’s volume by 1,759 transactions for a 2.3 percent increase.

Measured by dollars, last year’s sales of single family homes and condominiums were valued at nearly $28 billion. Compared to 2013, that dollar volume represents a 9.4 percent gain.

The sales activity reflects the work of more than 22,000 brokers across 21 counties in the member-owned Northwest MLS.

Last year’s completed sales included 66,716 single family homes (about 86 percent of the total) and 10,560 condominiums. The total units and dollar volume are the best since 2007 when members registered 82,197 sales valued at $32.3 billion.

To read the full summary release, go here..

Posted in: Home buying, Home selling, Real estate careers, Real estate industry, Residential market reports, Residential real estate Tagged: 2014 summary, market reports, nwmls, residential real estate

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Welcome to Tellus Realty! We’re is committed to helping you make informed and rewarding decisions whether your or looking to buy and sell real estate, or in search of a new home for your license. Tellus Realty provided a more personal, one-on-one experience. We are not affiliated with a big-box or franchise where agents and clients are viewed as a statistic or number. Our team focuses on service and quality.

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PO Box 1113 Duvall, WA 98019

Office@TellusRE.com
877-413-7325
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