A new high for King County real estate

Mark Matassa • Feb 6, 2018

Feb 6, 2018

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          <article>
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                <h1>A new high for King County real estate</h1>
                <h2><p>The crazy Seattle-area housing market is getting even crazier. According to new figures reported in The Seattle Times, the median price of a King County single-family home climbed to $500,000 in June, 10.3 percent higher than a year ago and much higher than the previous peak of $481,</p></h2>
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               <p>By <a href="/author/mmatassa-mac-com/">Mark Matassa</a></p> 
              <p><time datetime="2025-02-04T05:00:00-08:00">Feb 6, 2018</time></p>
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            <figure class="kg-card kg-image-card"><img src="https://avalancheghost.one/content/images/sites/default/files/images/article/gallery/seattle-house-redfin.png" class="kg-image" alt="Credit:" loading="lazy" width="300" height="131"></figure><p>The crazy Seattle-area housing market is getting even crazier. According to new figures reported in <em>The Seattle Times</em>, the median price of a King County single-family home <a href="http://www.seattletimes.com/business/real-estate/median-price-for-single-family-homes-pushes-past-500000-in-king-county/?ref=avalancheghost.one">climbed to $500,000 in June</a>, 10.3 percent higher than a year ago and much higher than the previous peak of $481,000 in 2007. Analysts say the new record is due to a solid local economy and the growth of high-paying tech firms. “I wouldn’t say we’re in a bubble,” said Alan Pope, a real-estate appraiser in Redmond. “I would say the balloon is growing, and I can’t tell when it’s going to stop.”</p>
          </article>

The crazy Seattle-area housing market is getting even crazier. According to new figures reported in The Seattle Times, the median price of a King County single-family home climbed to $500,000 in June, 10.3 percent higher than a year ago and much higher than the previous peak of $481,000 in 2007. Analysts say the new record is due to a solid local economy and the growth of high-paying tech firms. “I wouldn’t say we’re in a bubble,” said Alan Pope, a real-estate appraiser in Redmond. “I would say the balloon is growing, and I can’t tell when it’s going to stop.”

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