| Residential Status | November | October | September | August |
| Sold | 403 | 412 | 514 | 431 |
| Pending | 799* | 821 | 772 | 829 |
| Active | 4,047 | 4,292 | 4,536 | 4,730 |
This information is courtesy of the NWMLS. This does not include condos.
*296 went pending in the month of November
Thanksgiving was here and gone, and I have much to be thankful for! Wow, what a early blast of winter too.
The real estate market followed the historical trends with all the numbers decreasing as holiday season is in full swing. Two numbers that did increase in November are the percentage of pendings and solds that are "distressed" properties. The percentage jumped from 36% last month up to 43% this month, which is a good sign!
Here is an interesting stastic I came across in my everyday market watch: year-to-date, we have higher unemployment rates than 2009; however, year-to-date Snohomish County has sold more residential homes than in 2009. So, we have lost more jobs than last year, but sold more homes. My conclusion? The $8,000 tax credit.
Merry Christmas and Happy New Years to all and I'll keep the updates coming as we enter into 2011.
Current interest rates are hovering around 4.40%, make homes as affordable as the early 80's!