November King county home sales & inventory

King county homes for sale and King county homes sold. Comparitive numbers,months worth of inventory, from last year this time were almost half of present. King county home purchases have dropped of a bit over the year. We all know the reason behind this. We have a mortgage crisis and low confidence on the part of avaialble home buyers. Not to mention the mortgage situation has perhaps cut the availability of potential buyers in half. Simply put, the tightening of specific mortgage qualifying criteria is making harder for King county home sales

November 2007 Market Snapshot

(DOM = Days on Market)

MLS area	Nov Pendings	Months of Inventory	Average DOM Nov 06 07
100 jovita/west hill	25	6.48	62 89
110 dashpnt/fed way	73	6.09	72 89
120 des moines/rdondo	27	7.48	53 81
130 burien/normandy	65	7.07	53 81
320 blk diam/maple val	64	7.85	59 159
330 kent	89	7.94	79 102
340 renton/benson hill	53	6.67	73 87
350 renton/highlands	49	9.18	73 98
360 skyway area	12	14	69 58
380 central seattle	43	6.27	45 65
385 SODO/beacon hill	18	8.22	54 59
390 central seattle	48	6.06	51 50
500 east side/south	52	8.59	68 76