Our market shifts from a buyers’ market (tons of inventory) toward balanced market and even some “red”sellers’ markets (little inventory and multiple offers from buyers).

Statistics ( drawn from Northwest Multiple Listing Service) through October 2009 in the Seattle/King County metropolitan area.

• Red means a seller’s market where the inventory is low, buyers might be competing for properties.
• Green means a buyer’s market where inventory is plentiful, sellers might be lowering prices, and making concessions to buyers.
• Yellow, means a balanced market favoring neither buyer nor seller.   A level playing field - inventory-wise.

Thanks for reading our blog.  Shannon Graf at Windermere Real Estate/East Inc. compiles these wonderful graphs.