Podcasts & RSS Feeds
Most Active Stories
- Here's What The Big I-90 Closure Will Look Like. How Will You Survive?
- Report Shows Coal, Oil Trains Would Quadruple Rail Traffic, Alarming Lawmakers
- When A Bomb Goes Off During Your Study On Trauma: New UW Findings On PTSD
- Why Seattle Homeless Advocates Feel Vacant Downtown Building Is Rightfully Theirs
- UW Study Examines New Ways To Involve Immigrant Parents In School Activities
News & Music Contributors
Wed August 10, 2011
WSU research: State home sales decline 4 percent
PULLMAN, Wash. – The Washington Center for Real Estate Research at Washington State University reports home sales and prices declined in the second quarter statewide.
The center reports sales declined 4 percent to 85,000 units, compared to the first quarter. It's 11 percent below the sales rate a year ago.
The median sales price during the first quarter was down nearly 8 percent to about $227,000, compared to a year ago. Prices have declined for the last 14 quarters, with the statewide median now below the first quarter 2005.
The center said Wednesday the bright side to falling prices is that more homes are affordable.