Prices soared as Seattle metro home sales set record in October
Home buyers bid up prices in the Seattle metro area and beyond during October. Median sale prices increased by double digits in all but one of the 23-county Northwest Multiple Listing Service area.
A non-metro county, Kittitas, saw the biggest year-over-year price jump, 39% to $498,950, while the four urban counties saw single-family home prices increase about 13% in King and Kitsap, 17% in Snohomish County and nearly 18% Pierce.
Douglas County in Central Washington experienced a 3.6% increase to $375,000. Compare that to King's new $745,000 median price, Snohomish County's nearly $579,975, Pierce's $430,000 and Kitsap's $437,000.
While median prices were up by double digits across most of King County, Seattle saw only a 3.2% increase to $800,000. Prices rose 16.7% to $1.05 million on the Eastside.
https://www.bizjournals.com/seattle/news/2020/11/06/seattle-metro-saw-record-home-sales-in-october.html
