June numbers are in.  Much like May, we definitely saw the impact of the end of the federal tax credit program.  Here are some tidbits that are worth noting:

  • Pending sales were 30% lower than June 2009.  Believe it or not, this was better than May 2010 which was 40% lower than May 2009.
  • Closed sales were up 11% versus last year and prices held steady — up 1.8%.
  • The winner for most resilient neighborhood in Seattle: Belltown/Downtown.  Despite the lack of tax credits, Belltown/Downtown was the only Seattle neighborhood with positive year over year June pending sales.