>Washington Home Sales Down, But Prices Are Up
>The National Association of Realtors reported that year-over-year sales volume in the Washington market was down 9.7 percent from August 2009. If you are a buyer looking for a home, you’d probably agree with this statistic, as there feels like there are no homes on the market! If you are a seller, however, don’t fret about this statistic because in the same report, median prices are up 5.4 percent from a year ago to $345,500.
Nationally, sales of existing homes rose 7.6 percent in August, and median existing home prices rose 0.8 percent.