Foreclosures and uncertainty are clogging up the real estate market, and one local expert says prices won't go up again before next year.
The median price of a home in King County is down nearly 7% compared to a year ago. That's one of many tidbits in the mass of numbers released this month by the Northwest Multiple Listing Service.
Sales data for February show the median sales price in Washington's most populous county down 7 percent compared to last year. The median price of a home in King County has dropped to $320-thousand dollars. That's about $23,000 dollars less than in February of last year.