(Inman News Features) - Home sales in the Pacific Northwest numbered 4,920 in November, despite poor weather in the Seattle area and the gloomy national economic outlook, according to a report from Northwest Multiple Listing Service. Last month?s volume of pending sales was 3.2 percent higher than the year-ago figure and reversed the pattern of September to October, when brokers reported fewer transactions than for those months last year.
Eight of the 13 counties in the MLS report improved on year-ago production and two other counties had only one fewer sale than they posted in November 2000.
Sales in King County accounted for about 44 percent of the total and increased slightly from a year ago. Brokers notched 2182 pending sales in King County last month, up from a year-ago total of 2177 sales.
The median asking price for residential listings in the MLS market area at month-end was $226,000. That figure is 9.1 percent higher than the median price of $206,990 for residential listing a year ago.
Local brokers are optimistic about a strong year-end finish.
Windermere?s Tom Huxtable said November marked a record month for sales.
"We have not noticed any downturn here," Huxtable said. "It?s been quite the contrary."
John L. Scott Real Estate President Lennox Scott expects 2001 to be the most successful year in the company?s history. He said the brokerage surpassed totals for 2000 by the third week of November and expects to surpass its results for 1999, when the all-time record was set, next week.