/PRNewswire/ Columbia Trust Company announced today that Sharry Nadjm has joined as a vice president and trust real estate specialist, effective immediately..
Calculated Risk calculatedriskblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from calculatedriskblog.com Daily Mail and Mail on Sunday newspapers.
Skip to main content
Currently Reading One of the best on record : High home listings added in Seattle area in March, but supply still low
Sign In
FacebookTwitterEmail
A real estate sign in Seattle.Claire Maulding, Special to the Seattle P-I
The Seattle-area housing market in March was marked with bidding wars as buyers continued to compete for the limited number of homes on the market, according to a new report.
According to the latest report from Northwest Multiple Listing Service, brokers across Western Washington added the highest number of new listings to the market since September. But, even with the increase in listings, it didn t stop buyers from snatching up the homes just as quickly, making the total active inventory for the month far lower than it was at the same time last year.
4/07/2021 01:39:00 PM
Note: Inventory is down sharply in the Northwest almost everywhere except Seattle. And inventory is low in Seattle too, but was even lower a year ago.
“There’s no April fooling when it comes to how hot the housing market is right now,” commented J.
Lennox Scott, chairman and CEO of John L Scott Real Estate. “In King, Snohomish, Pierce and Kitsap
counties, the current spring market we’re seeing is one of the best on record.”
James Young, director of the Washington Center for Real Estate Research at the University of
Washington, agreed, noting March marked the first post-COVID/pre-COVID comparison. “It is very