Home Prices Hit New Record Highs
Once again, the Puget Sound housing market is setting new records, according to this article from The Seattle Times. In February, the median price of single-family homes in the city jumped to a new all time high of $777,000 – up $20,000 from January’s record setting prices. In fact, every county in the Puget Sound region saw home prices increase by at least 15%!
And while we still saw a drop in overall inventory in King County year over year, the good news is that the decrease was the smallest our area has seen in years.
Read the full article here – New home-price highs: $777,000 in Seattle, $950,000 on the Eastside