KIRKLAND, Washington. (Jan. 17, 2019) - Members of Northwest Multiple Listing Service reported 92,555 closed sales during 2018, fewer than the previous year, but the dollar volumes surpassed 2017 by nearly $688 million for a small gain of 1.4 percent.
Measured by dollars, last year's sales of single family homes and condominiums were valued at almost $47.2 billion across the 23 counties served by the member-owned Northwest MLS.
The sales activity reflects the work of more than approximately 31,700 brokers in more than 2,300 member offices.
Of last year's 92,555 completed sales, 80,232 were single family homes (86.7 percent of the total) and 12,323 were condos (13.3 percent). About 12 percent of these sales were newly built residences.