Home Prices in King County on the Rise!

For the first time in a very long time, home prices in King County rose last month, and have increased significantly in the Seattle city limits. According to the Seattle Pi, the median sale price was $360,000 countrywide in April and was $425,000 in Seattle. Rates have risen 2.9% nationwide, and 10.4% in Seattle alone. There’s something to be said for the Northwest after all.

Of course, there are still areas within King County that aren’t seeing the same increase that Seattle is, such as South King County where activity was simply OK. Lender owned homes, which generally sell for less went up this month as well, and overall sales of homes and condos were up in Seattle, and nationwide 19.2%.  Pending sales in our city have risen, indicating an increase in activity even though some of these don’t always close. It’s very promising that although the prices of homes are continually on the rise in Seattle and the surrounding King County areas, sales are just as high as ever. For listings in the Seattle area, click here.

Rapid Ride Construction Continues

Construction on the Rapid Ride Route 120 in West Seattle continues this week, steadying the process for the bus service that is scheduled to start this upcoming fall. While construction crews have eased away from the east side of SW Alaska st, they have migrated to the other side of the street, and are tearing up the concrete on the west side near Key Bank. The North entrance to that alleyway into the back parking lot is blocked, which many locals use frequently while shopping or eating out, but the lot is still open during construction.

Today is also the scheduled Metro meeting for route 120, open to the public from 5:30-7:30pm at Youngstown Cultural Arts Center. Get all of your questions and concerns addressed tonight.