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Home Prices Around Here Continue to Soar

(KOMO News)

SEATTLE -- Home values around the Puget Sound area continued to soar last month, according to the new July report from the Northwest Multiple Listing Service. The combined median sale price for houses and condos in King County reached $658,000 – that’s $103,000 more than the median price in July 2016. There's also a shortage of properties on the market and that continues to keep the pressure on buyers.

On the KOMO Midday News (weekdays 1-3pm) Lennox Scott, chairman and CEO of John L. Scott real estate, talked about the ongoing housing frenzy. (Click the picture above to hear the audio).

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