By MBAKS Senior Policy Analyst Allison Butcher

The number of homes for sale in King and Snohomish counties was up in July compared to June, which has eased price increases somewhat. While this is good news for buyers, the 1.57 months’ supply of inventory in King County and 1.45 months’ supply in Snohomish County are still well below the four-to-six month level considered to be an indicator of a healthy market.

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 Margo Greenman, 425 Business Magazine

Headquartered in Bellevue, the Master Builders Association of King and Snohomish Counties is one of the oldest and largest local homebuilders association in the United States. With a more than 100-year history, the association has deep roots in the region.

By MBAKS Senior Policy Analyst Allison Butcher

The Office of Financial Management (OFM) has posted its annual population update, which shows continued growth in the Puget Sound region. As of April 1, 2021, King, Kitsap, Pierce, and Snohomish counties added 66,200 people. According to The Seattle Times, the Seattle metropolitan area, which includes King, Pierce, and Snohomish counties, now exceeds 4 million people.

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.

Download this month's report: