December 2011 statistics published by the NWMLS show the highest sales figures since 2006. Closed sales show prices stabilizing in King and Snohomish counties. Median prices dropped just slighly in Pierce, Thurston and Kitsap counties. Interest rates remain at a record low of 3.875% for 30 yr fixed rate mortgages.
More buyers are coming into the marketplace. Agents report that the best priced listings in King and Snohomish counties often receive multiple offers. 2012 will begin on a positive note.