Are sellers back in the driver’s seat?

ONE IN FOUR LOCAL HOUSES SOLD FOR OVER LIST PRICE IN APRIL

We’ve been hearing a lot about how much hotter this spring has been than spring in other recent years, and the stories of bidding wars seem to be getting more frequent.   Below is a visual picture of the trend by plotting the percentage of houses that sell for over their list price each month.  This is looking back at sales data for King County from 2008-2012 with April’s number highlighted in each year.

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