In King County, the median price for single-family homes and condos reached $860,000, while in Snohomish County, it was $762,500. For single-family homes alone, King County saw a 5% increase in median price, rising from $906,250 last year to $955,000.

Meanwhile, Snohomish County experienced a 7% increase, with the median price climbing from $730,563 to $780,000.

For more data contact: data@mbaks.com

Download the PDF: Sep. Builders Bulletin

By MBAKS Senior Policy Analyst Allison Butcher

Single family permits in the Seattle metro area were down 14% and multifamily permits down 6% through the end of May, compared to the same period last year. Meanwhile, the supply of homes for sale continues to be very low—just 1.77 months in King County and 1.49 months in Snohomish County during June. These are just some of the housing statistics you’ll find reported on in the latest Builders Bulletin.

The Builder's 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:

MBAKS hosted our annual Housing Solutions Breakfast on October 14 at the Meydenbauer Center in Bellevue. This year’s program focused on unlocking housing supply and featured Justine Underhill, economist, journalist, filmmaker, and Falls Church, Virgina Council Member, as our keynote speaker.

Justine shared valuable insights on how to use storytelling to convey the benefits of increased housing supply. She also showed examples of her videos explaining why housing at every level helps improve affordability. Visit Justine’s YouTube channel to learn more about her work.

“We’re grateful so many members and public officials could be part of this important conversation on ways we can work together to make home happen,” said MBAKS Government Affairs Director Jennifer Anderson.

As part of the program, MBAKS recognized Domestic Violence Services of Snohomish County as our Housing Solutions Community Partner of the Year.

Here are some Housing Solutions resources MBAKS shared at the event:

• MBAKS’s 2026 Legislative Priorities
• MBAKS’s Housing Toolkit

We encourage members to keep the momentum going by attending our monthly Builder Council meetings, following legislative updates on MBAKS Connect, and voting for pro-housing candidates on Election Day November 4.

Your voice matters. By staying engaged, you help amplify our collective efforts to advance housing solutions and make home happen for everyone.

View Housing Solutions Breakfast Photos