ARTICLE: Seattle home median price plummets by $40,000

edited February 2007 in Seattle Real Estate
...from http://seattlepi.nwsource.com/business/ ... ing08.html
I'm surprised that this article didn't get coverage on this website.

Median home price plummets by $40,000

By AUBREY COHEN
P-I REPORTER

Seattle's median home price in January was the lowest it has been in a year, according to statistics released Wednesday.

The median price of $379,990 was down from $420,000 in December, according to the Northwest Multiple Listing Service.

A seasonal decline is consistent with recent years, but Seattle's January median home price also was lower than King County's median -- a first since at least 2001. King County's median home price in January was up 8 percent from a year earlier, while the median for all 19 counties in the Northwest MLS was up 10.6 percent.
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