Chart of Active, Pending and Absorption Rates for 2019

I like the graphic representation of what real estate did in King County during 2019. Compare the blue line for 2019 with the brown line of 2011. Real estate often runs in ten year cycles, and so we shall see if this year brings a different trend. One thing we know is that we are experiencing very low inventory this month and multiple offers in some core neighborhoods. 

Click here to see the charts of appreciations rates.