By MBAKS Senior Policy Analyst Allison Butcher

April marked the second month in a row in King County and the third consecutive month in Snohomish County that the month’s supply of housing inventory was below two months. While this is below the four-to-six-month level—many industry analysts consider as an indicator of a healthy market—the year-over-year gain in inventory is significant.

The Builder's Bulletin is intended to provide a convenient way to track housing in our market and includes information from the Northwest Multiple Listing Service, State of the Cities Data Systems, Office of Financial Management and the Washington State Employment Security Department.

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By MBAKS Senior Policy Analyst Allison Butcher

The median home price of single-family homes and condos in King and Snohomish counties fell month-over-month in July. The median home price went from $637,675 to $625,000 in King County and from $488,950 to $480,000 in Snohomish County, comparing June to July. The July median home price in Snohomish County is up 3.23% compared to a year ago and down 0.64% from last year in King County.

The Builder's Bulletin is intended to provide a convenient way to track housing in our market and includes information from the Northwest Multiple Listing Service, State of the Cities Data Systems, Office of Financial Management and the Washington State Employment Security Department.

Download this month's report:

Shannon, on-site at last weekend's team build in Renton, talks with Andy from Habitat for Humanity on affordable housing and the importance of being Built Green.

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