Summer in the Emerald City is just starting to heat up, but real estate here has already reached record highs. The latest data from the Northwest Multiple Listing Service (NWMLS) shows the median price for a single family home in King County pushed past $1 million for the first time in May, up 10 percent from last year.
As the Seattle Times reports, much of the pricing pressure is from the Eastside, where the median single family home costs an eye-popping $1.7 million (up 17 percent). In Seattle, the median price for a single-family home is $965,000. That’s up about 6 percent from last year.
As some areas reach new
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