Builders Bulletin
The Builders Bulletin is intended to provide a convenient way to track housing in our market. This monthly report includes information on housing supply, home prices, building permits, and population and job growth in the Puget Sound region.
-
Posted on Dec 1, 2022 in:
While home prices are falling month-over-month, they are still higher than where they were a year prior. In King County, single-family median home prices are up 12.22% from November 2021, and in Snohomish County they are up 5%.
Read More
-
Posted on Oct 28, 2022 in:
This month's Builders Bulletin features a new data point, the NAHB/Wells Fargo Housing Market Index (HMI). This is a national and regional indicator that tracks builder perception of current single-family home sales and expectations. It has decreased every month in 2022, reflecting a general bearish outlook towards the housing market amid rising construction costs and high interest rates.
Read More
-
Posted on Sep 30, 2022 in:
King County’s August median home price of $815,000 stayed relatively flat compared to the previous month, which was $810,000. Snohomish County saw a month-over-month dip in its median home price of single-family homes and condos—from $737,500 in July to $700,000 in August. Year-over-year prices were up 5.6% in King County and 4.9% in Snohomish County.
Read More