Seattle Market Still Hot

Despite a market slowdown, Seattle real estate continues to hum along with the median sales price of a single-family home in King County now $381,250.

There still might be a bidding war for homes in Seattle, but only for good ones. We've seen many real estate signs with "New Price," "Price Reduced" on them and that's for a reason: There's a problem with the house. One, in Magnolia, has a price drop of $94,000 and that's because the bedrooms were in the basement.

Slowing Is Seen in Housing Prices in Hot Markets [NY Times]
Seattle Home Prices and Competition Strong [Seattle P-I]