By MBAKS Senior Policy Analyst Allison Butcher

King County’s August median home price of $815,000 stayed relatively flat compared to the previous month, which was $810,000. Snohomish County saw a month-over-month dip in its median home price of single-family homes and condos—from $737,500 in July to $700,000 in August. Year-over-year prices were up 5.6% in King County and 4.9% in Snohomish County.

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Annual Performance Report Marks Key Milestone for Permit Reform Law

by MBAKS Government Affairs

Report reaffirms the need to improve housing permit timelines so housing can be available more quickly.

The Washington State Department of Commerce has published the first draft Annual Performance Report required by Senate Bill 5290.  The data reflects permits for which a decision was issued in 2024, before the current SB 5290 timelines went into effect. Performance is measured on the average duration it takes to process certain permits by category using calendar days.

The draft report shows where jurisdictions are falling short and reaffirms there is a long way to go to shorten review timelines, enabling housing to proceed more quickly.

Among the initial findings from the report are:

• Construction Permits on average took 81% longer to process than the statute.
• Preliminary Subdivision on average took 199% longer to process than the statute.
• Final Subdivision on average took 184% longer to process than the statute.

The report reinforces the need to reform and streamline the state’s outdated subdivision laws, a top legislative priority for MBAKS. This information is also important for our ongoing work with cities and counties to improve permit timelines. Having transparency in the permit processing data will help us to better identify roadblocks and work with jurisdictions to lower barriers to adding much needed housing.

Seven counties are subject to SB 5290’s annual reporting requirements, including Clark, King, Kitsap, Pierce, Snohomish, Thurston, and Whatcom.  

For more information on SB 5290 requirements, visit Commerce’s Local Project Review page

FOR IMMEDIATE RELEASE
Media Contact:
Sharon Couts
Master Builders Association of King and Snohomish Counties
425.499.1723

$30,000 in Scholarship Funds Available to Students Enrolled in Residential Construction Programs

Deadline to Apply is April 30, 2018

BELLEVUE, Wash—April 23, 2018—Nearly 82 percent of construction businesses struggle to find qualified skilled labor, according to a 2017 survey conducted by the Master Builders Association of King and Snohomish Counties (MBAKS) and Redfin. This labor shortage, area companies say, is a factor in too few homes being constructed and contributes to higher home prices.

In an effort to develop skilled labor for the industry, bring more homes to market, and help ease the costs of housing, MBAKS is working to attract more high school and college students to exciting careers in the construction and trades industries through education programs and scholarships.

Each year, MBAKS offers $30,000 in scholarships to students who are seeking education related to the homebuilding industry and are enrolled at qualifying technical, community college, and university-level programs within Washington state. Students can apply at mbaks.com/scholarships.

About the Master Builders Association of King and Snohomish Counties

Founded in 1909, the Master Builders Association of King and Snohomish Counties has grown to become the largest residential homebuilders association in the United States. With nearly 3,000 member companies, the association is dedicated to membership value, housing advocacy, community service, and financial stewardship throughout the Puget Sound region.

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