The sales numbers are in for May… it seems as though the tax credit ending hasn’t caused much of a hickup for the housing sales in the Seattle and Eastside markets.
New Eastside SFR Pendings in April 2010: 387
New Eastside SFR Pendings in May 2010: 435 (+12%)
New Seattle SFR Pendings in April 2010: 339
New Seattle SFR Pendings in May 2010: 376 (+10%)
New SFR Pendings in West Bellevue are also up 16% from the end of April 2010, and +12% from last week.
My offices sales volume in Bellevue increased from (+/-) $80,000,000 in April 2010 to $110,000,000 in May 2010 (+38%)
So homes sales, as they’re apt to do in Spring and Summer, are on the rise…and our market did not fall of the edge of the earth with end of the tax credit!
That is the good news for the day!