Seattle Home Sales Hold Steady

SEATTLE (DQNews) --Seattle-area home sales held steady in September, rather than falling as they normally do from August, thanks mainly to a rise in sub-$200,000 transactions. The median sale price held firm, too, at $300,000 for the third consecutive month, a real estate information service reported.

A total of 3,794 new and resale houses and condos closed escrow during September in the Seattle-Tacoma-Bellevue metropolitan statistical area encompassing King, Snohomish and Pierce counties. September logged one more sale than the 3,793 in August, while it posted a 5.5% gain over the 3,595 sales in September 2008, according to MDA DataQuick. The San Diego firm tracks real estate trends nationally via public property records.

Total Seattle-area sales have risen on a year-over-year basis for three consecutive months. Before this July, the region had seen 37 consecutive months of annual sales declines.

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