Northwest real estate sales slide

Inventory growth helps lift home prices

Inman News

Home sales in western Washington fell 9.1 percent in March from a year ago, as prices posted another month of double-digit gains, according to the latest figures from the Northwest Multiple Listing Service.

Brokers reported 8,043 closed sales last month, down from 8,776 reported a year ago.

Last month's closed sales of single-family homes and condominiums had a median selling price of $292,000, eclipsing the year-ago figure of $256,783 by 13.7 percent, according to NWMLS.

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