The median price of single-family homes sold in King County jumped in April, hitting $480,000, just $1,000 shy of the peak set in July 2007 before the housing bubble burst.
April’s median price was 9 percent higher than in March and 11.5 percent higher than a year ago, according to data from the Northwest Multiple Listing Service.
Buyers have hit the gas, fearing higher interest rates and offering premium prices in the face of a record low inventory of homes for sale. (click the link below for the full story)
Source: King County home prices surge, just shy of 2007 peak | The Seattle Times
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