Seattle house prices up again

SeattlePI.comFrom SeattlePI.com
By AUBREY COHEN, SEATTLEPI.COM STAFF
Published 06:16 p.m., Thursday, April 5, 2012

Seattle house prices rose for the second month in a row in March, the Northwest Multiple Listing Service reported Thursday. One reason is an extremely low supply.

The median sales price for a Seattle house that sold in March was $397,000, up 3.1 percent from a year earlier, after a 2.8 percent rise in February. March’s median was up 8.8 percent from February’s, although seasonal fluctuations can complicate monthly comparisons.

King County’s median price, $330,000, was down 4.35 percent from a year earlier but up 7.1 percent from February. Read the entire article here>