According to Real Estats:
YTD Residential sales in King County were off 44% or $8 billion
Residential transactions were off 44% to 16,002
Commercial Volume was off 69% to $2 billion
Average residential home price: $498,008 Unchanged
Average $/sq. ft for homes sold ws $282.16 (all sales) off 6%
Median price in most cities for second quarter 2008 has dropped with the notable exceptions being:
Black Diamond (up 36.9% over last year) at $445,000
Seattle (98104) (up 49.9% over last year) at $384,500
Bellevue (98005) (up 25.5% over last year) at $505,500
The biggest losses for the same period were:
Medina (down 42.3% over last year) at $1,335,000
Ravensdale (down 44.6% over last year) at $242,500
Seattle (98166) (down 29.2% over last year) at $315,000
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