Home sales and prices rise in King County

Tuesday, May 5, 2009, Puget Sound Business Journal

King County home sale prices rebound in April. The average and median home sale price in King County rose in April from March; a price increase that hasn’t happened for several months.

The average home sale price of the 1,242 closings last month in King County rose to $417,500 from $394,169 in March. The median home sale price (half sold for more, half sold for less) rose to $350,000 in King County last month, up from $335,000 a month earlier. The median home sale price in April 2008 was $410,000.