Contact: data@mbaks.com

The median price for single-family homes and condos surged to $820,000 in King County and $715,000 in Snohomish County. In King County, the median price for single-family homes rose by 14% to $914,500, compared to last year. Similarly, Snohomish County witnessed a 9% increase, with the median price climbing to $750,990. These increases reflect a broader trend: the median sales price of homes increased in 19 out of 26 counties and decreased in 7 counties relative to February 2023.

Read the full March Builders Bulletin:

By MBAKS Senior Policy Analyst Allison Butcher

In May, the median home price rose to $775,000 in King County and $655,000 in Snohomish County, up 23.6% and 32.86% respectively from a year ago. The low inventory of homes for sale plus high demand continues to put upward pressure on home prices.

The Builders Bulletin is intended to provide a convenient way to track housing in our market and includes information from the Northwest Multiple Listing Service, State of the Cities Data Systems, Office of Financial Management, and the Washington State Employment Security Department.

Download this month's report:

This week, Shannon discusses the benefits of the Built Green® program with Leah Missik, Built Green program manager.

More about Built Green