In the past 24 hours there have been 630 new listings added to the Northwest Multiple Listing Service (NWMLS).  This is the database that thousands of local agents and brokers use to search for homes for their prospective buyers. 

There were 65 homes put back on the market with 85 price increases, compared to 673 price reductions.  21 properties are now listed as contingent, usually waiting for the buyer to sell their own home and/or obtain financing. 265 properties were newly listed as pending and 276 sales closed.

There's a lot of activity on the market, but noting all the new listings and price reductions, it looks to be turning into more of a buyers marekt.  The question is how many of the price reductions are actually enough to get them sold?

If you are thinking about selling your home, it is very important that it is listed on your local mulitple listing service (MLS).  This helps ensure exposure to all the potential buyers out there.  Whether you choose to use a full service broker to list your home, or you choose to save thousands in important equity by using a $500 Flat Fee Listing with AAA Properties - do get your home listed on the MLS.