By MBAKS Senior Policy Analyst Allison Butcher

Single family permits are down 10 percent in the Seattle metro area the first 9 months of the year, compared to the same period last year. The single family permit decline is led by Snohomish County, which is down 25 percent, followed by Pierce County, which is down 14 percent. Within the three-county metro area, the only county to see a slight increase in single family permits through September 2018 was King County, where permits were up four percent.

Meanwhile, multifamily permits are up three percent throughout the metro area. While King County saw a nine percent decline in multifamily permits during the first three quarters of 2018, Snohomish County has experienced an 80 percent increase in multifamily permit activity, and Pierce County is up 35 percent.

The Builders' 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

King County’s August median home price of $815,000 stayed relatively flat compared to the previous month, which was $810,000. Snohomish County saw a month-over-month dip in its median home price of single-family homes and condos—from $737,500 in July to $700,000 in August. Year-over-year prices were up 5.6% in King County and 4.9% in Snohomish County.

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Association Seeking Nominations for MBAKS Hall of Fame

Do you know someone who has made a significant contribution to the Master Builders Association of King and Snohomish Counties? The MBAKS Hall of Fame Award honors those who have made significant and lasting contributions to the association.

We are asking members to nominate someone deserving of this award and submit it to Kelsey Burdulis kburdulis@mbaks.com by Friday, September 6, 2024. Download the nomination form.

Nomination Period Open for Exceptional Service Award

Do you know an association member or staff member who has performed distinguished service to MBAKS on a sustained basis for at least 10 years? Now is the time to consider nominating them for an Exceptional Service Award. The award represents the highest recognition for members and staff for their professional leadership and exemplary service to the association.

If you would like to recommend someone for this award, please submit your nomination to

Kelsey Burdulis- kburdulis@mbaks.com by Friday, September 6, 2024. Download the nomination form.