By MBAKS Senior Policy Analyst Allison Butcher

The latest Builder’s Bulletin shows just over two months’ supply of homes for sale in King and Snohomish counties during November. While this is an increase from the less than one months’ supply a year ago, it is still below the four-to-six-month level that many industry analysts consider as an indicator of a healthy market. Median home prices fell month-over-month from $613,509 to $605,000 in King County and rose from $445,000 to $450,000 in Snohomish County.

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

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:

Know a service organization that could use a new coat of paint? Painting a Better Tomorrow celebrates its 15th anniversary this November and we’re looking for a recipient organization in King or Snohomish County. If you have an organization in mind, have them submit an application by the July 31 deadline.

Submit an application