Tuesday, September 8, 2015

Seattle Median Home Prices

Single family homes in King County sold in August for a median price of $499,950, just below the figure of $500,000 the MLS reported in June, believed to be an all-time high for the monthly reports. Year-over-
year prices for this market segment jumped 14.4 percent.

The median home price in the city of Seattle was $560,000 for a 3 bedroom, 2 bath house, which sold in just 8 days on market.

In King County, the volume of condo sales was up nearly 21.7 percent. Median prices increased 19.7 percent from a year ago, rising from $249,950 to $299,250.

Bubble prices?

Happy Investing!

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