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High Prices Continue to Challenge Market Affordability

In November 2024, the median price of single-family homes and condos reached $837,350 in King County and $760,000 in Snohomish County. Single-family homes alone saw a 4% increase in King County, rising from $885,500 to $925,000, and an 8% increase in Snohomish County, climbing from $725,000 to $784,975.

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Shannon interviewed state Senator Guy Palumbo (D-1st District) about the recently signed SB 5674, which will make the final plat approval process significantly more efficient.

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This week, Nick Harper steps in for Shannon and talks to Clay White, LDC Inc., about the recently passed SB 5254 and what it will do for the housing industry.

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