The NWMLS snapshot tells some key market indicators for homes sold within the entire MLS, which is currently 23 counties within WA state. Some highlights for last month include:
- Median closed price is $420,000, up 11% from last year
- There were 1,027 more new listings compared to May 2017, but homes closed fell slightly
- Total sales volume was $4.81 billion, an increase of 11% from May 2017, and up from April’s $4.05 billion
- Months of inventory went up slightly to 1.44, a few more listings eased the market
