map
Map
Homes
Condos
New Construction
Waterfront
Neighborhoods
Condo Buildings
Cities
Popular
Articles
Builders
Contact
Selling
Buying
to
Reset
Reset
Houses
Townhouses
Condos
Land
Price
to
SQFT
to
Bdrms
to
Baths
to
Lot
to
Yr Built
to
Sold
Days On
to
New Construction
Waterfront
Short-Sales
REO
Parking
to
Unit Flr
to
Unit Nbr
Types
Listings
Neighborhoods
Complexes
Developments
Cities
Counties
Zip Codes
Neighborhood · Condo · Development
School District
Zip Code
City
County
Builder
Listing Numbers
Display Settings
Boundary Lines
Labels
event_list
keyboard_double_arrow_down

Home Prices Rise in King County

September 9, 2014

The median resale price for a home in King County rose 7.6 percent from last year to $454,100. Home sales are also up 16.4 percent from August 2013, squeezing inventory in many of the county's cities to seller's markets. Months of inventory for homes in Seattle is just 1.7, while Bellevue and Kirkland are at 2.3 and 2.2 months of supply, respectively.

While lack of supply is seen as the culprit to rising home prices, developers are busy building in the county. 11% of Seattle's home inventory, about 170 homes, are new homes. 15% of the market, 54 homes, in Kirkland are new construction and 9%, 38 homes, are new in Bellevue.

Neither Wicklund Real Estate nor any officer, agent, or employee of Wicklund Real Estate warrants the accuracy, reliability, or timeliness of any information on this website and shall not be liable for any losses caused by such reliance on the accuracy, reliability, or timeliness of such information. Any person or entity that relies on information obtained from this website does so at his or her own risk. The information contained in each listing has not been verified by Wicklund Real Estate. NWMLS listing data (indicated by the three trees icon) is provided (but not compiled) courtesy of the NWMLS.