Seattle has set a record for home prices for the third straight month, with the typical house cost nearing three quarters of a million dollars. On the Eastside, the median home is approaching $900,000 for the first time after rising $150,000 in just a year, the biggest jump ever. And Snohomish County home prices are rising at their fastest pace in four years.
Monthly home sales figures released Thursday showed the greater Seattle real estate market — already the hottest in the country — somehow keeps picking up even more steam. And real estate agents don’t anticipate any relief in sight as the spring rush for homes heats up, all while a historically low number of people are putting their houses up for sale.
From Tacoma to Snohomish County and everywhere in between, April saw record prices for homes as a plummeting number of houses for sale drove up competition