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Local Real Estate market chugging along

July 20th, 2013 2:33 PM by Sam Kader

In the last 18 months, the medial home price in King County has gone up each month when compares to the same month a year ago. The median price also has gone up each month. However, compare to other metropolitan markets - Seattle is still more affordable.

Eastside is still the most expensive in Washington state. The median price has moved up 16% from $510,000 to $591,825. Prior to real-estate bust in 2007 - it was $628,000.

Second highest is Seattle with median price of $458,000 up 19.7% from $382,500 in June 2011. The July 2007 median was $499,000.

North King County median price is $375,000 up 22.4% from $306,250 in June 2011. Prior to July 2007 - the median price was $448,250.

Southwest King County (Renton, East Kent, Auburn, Maple Valley) - the median is $292,100 up 21.7% from $239,900 in June 2011. The July 2007 median was $375,000.

Southwest King County (Burien, Tukwila, Des Moines, Federal Way, West Kent) - the median is $240,000 up 28% from $187,500 in June 2011. The July 2007 median was $330,000.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Posted in:General
Posted by Sam Kader on July 20th, 2013 2:33 PM

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