New Weakening in Contracts for Washington Real Estate Market

Sales fell to 540 homes sold in the Washington market over the last 30 days. Furthermore, a solid downturn in the number of pending transactions continued, with 543 completed in the same period. The median sales price dropped to $549,000 over the latest reporting period for Washington, down from $550,000. With only two months of inventory to sell, Washington is a still solid seller's market, even after taking into consideration the falling contracts numbers.

Trying to find a home in Washington that offers more bedrooms? Then check out these listings that provide the most bedrooms in the area:

$7.8M   $9M   $1.9M  

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Demographic facts about Washington:

  • 37.8% of the people in this area are homeowners.
  • The students per teacher ratio in this area is 12.1:1. (15.3:1 = national average)

Data reported through 1/11/2017

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