Breaking news and resources from across the industry.

Builders Bulletin: Puget Sound Housing Market Sees Modest Increase in Inventory Supply Amidst Ongoing Challenges

Posted on Aug 17, 2023 in:
  • Builders Bulletin


King County recorded a 1.5 months' supply of housing inventory as of June 2023, indicating a slight increase from the 1.34 months' supply reported in June 2022. Similarly, Snohomish County saw its inventory supply rise to 1.07 months, up from 1.34 months a year earlier. These figures illuminate the ongoing challenges of supply and demand dynamics in the area's housing market. According to many industry analysts, a four- to six-month inventory level is often deemed indicative of a healthy real estate market. Despite the increase, the current supply falls notably short of this benchmark, underscoring the continued pressure on prospective homebuyers and the need for further market adjustments. Read the full August Builders Bulletin.

Read the full August Builders Bulletin:

August 2023 Builders Bulletin


Help us build a sound future.