Real Estate

Read the latest news about residential and commercial real estate in the Seattle area and Pacific Northwest. Topics include home sales and prices; rent and mortgage rates; apartment, condo and single-family housing markets; development, skyscrapers, construction and office space; and affordable housing issues. Some of the players in the marketplace include Vulcan, Zillow, Redfin and Case-Shiller.

Seattle-area housing market is ‘on steroids’; see what’s happening near you

The North Edmonds neighborhood of Picnic Point, seen from the air Tuesday, April 6, 2021, is where Lis Manning and her husband finally had an offer accepted on a house (not pictured). It was their 8th offer. They paid over the list price and waived almost all contingencies. 216818

Prices continue to rise in the Seattle-area housing market as buyers jockey for a limited supply. While more houses were listed last month, they sold almost as quickly as they appeared. The median single-family home in King County is now about $825,000.

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