According to today’s press release from Standard & Poor’s / Case-Shiller Index, home values in Seattle dropped in February for the third straight month, losing a quarter of a percentage point.
The median sales price in King County for February was $336,500, a jump from January’s $315,000. For March, it was $350,000
Regardless, an overwhelming urgency has taken over the local market, with many multiple offer situations including so many pre-inspections that inspectors are booked a week in advance.
J Szczesny of 4 Seasons Home Inspections says, “I keep Mondays open so that when people see a house on Sunday that they want a preinspection on, I’m available.” Other than that, he says, he’s booked out “for the rest of the week.”