MYNORTHWEST NEWS

Median home price climbs in King County again

May 7, 2018, 6:19 PM | Updated: May 8, 2018, 5:45 am

The median cost of a home in King County continues to smash records while home prices in the North Sound hit an all-time high.

The Northwest Multiple Listing Service shows the median cost of a home in King County hit $725,000 in April, breaking the previous record of $690,000 set in March.

In Snohomish County the median house cost climbed over $500,000 for the first time.

The silver lining is inventory. MLS reported the highest level of inventory since August 2017, but says it likely won’t affect rising prices. MLS says its brokers added 11,271 new listings in April, which is a gain of 6.3 percent over March, and is up nearly 5.9 percent over this time last year.

A new poll from the Puget Sound Regional Council shows the rising cost of living is the worst part about living in the Seattle area. The struggle to afford a home surpassed transportation and homelessness.

MyNorthwest News

school resource officers...

Frank Sumrall

School resource officers won’t be at certain Kent high schools in 2024-25

Both Kentwood and Kentlake high schools will not have school resource officers (SROs) next year, despite the growing advocacy for that role to return.

16 minutes ago

pierce county deputy-involved shooting...

Frank Sumrall

Man killed in Pierce County deputy-involved shooting

Pierce County deputies were in an deputy-involved shooting when they shot and killed a suspect after responding to a domestic violence situation.

1 hour ago

Photo: The King County Council Law and Justice Committee convened to vote on a motion regarding the...

James Lynch

King County Council sees heated comments over family justice center

The King County Council Law and Justice Committee convened to vote on a motion regarding the Patricia H. Clark Children and Family Justice Center.

15 hours ago

Photo: Police responded to a Kent shooting after a boy died near the Kentwood Apartments....

Julia Dallas

Suspect in custody: 13-year-old boy killed in Kent shooting over camera

A suspect is in custody over the shooting death of a 13-year-old boy that happened July 16 in Kent.

17 hours ago

Netanyahu protesters...

THE ASSOCIATED PRESS

Netanyahu vows ‘total victory’ while thousands protest outside capitol

Netanyahu addressed Congress in Washington on Wednesday. Meanwhile, the nation's capitol city was filled with protesters.

19 hours ago

7-year-old robbery...

Luke Duecy

7-year-old among group of juveniles wanted for robbery in North Seattle

A group of juveniles, including a 7-year-old, are wanted for robbery in North Seattle after an incident earlier this week.

22 hours ago

Median home price climbs in King County again