Welcome to our East King County blog! In several local communities, employees from The Talon Group are excited to share relevant real estate related content and items of interest with real estate professionals and the people they serve. You will find our other community area blogs wherever The Talon Group provides title and escrow services.
Our August 2008 East King County Market Stats Report is a great example of what you can expect to see on all of our area blogs.
We go directly to the county database when we gather our statistics. This way, we can account for every transfer of ownership rather than just those listed via the local multiple listing service. Our Talon Market Stats report uses the following criteria for reflecting monthly sales:
- Current use code of single family homes. (look for a condo sales report in the near future!)
- The sales price is greater than 35% of the assessed value. (eliminates quit claims with no monetary consideration and other like tranfers)
- Sale dates are recorded and reported by the county within the reports timeframe.