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Snohomish County home prices increase almost 10% in April

Michelle Dunlop of the Herald Business Journal reports April home prices in Snohomish County were amost ten percent higher than in April, 2011.

"The median price for single-family homes sold in the county in April increased nearly 10 percent over homes sold in April 2011, according to the Northwest Multiple Listing Service," said Dunlop. "However, the median price of condos in the county dropped nearly 12 percent in April compared to the same month in 2011."

"The number of home sales in the county continued to climb as well, up 20.7 percent in April, compared to the previous year," according to Dunlop.

Dunlop said the inventory of homes for sale in April was much lower than a year ago, "There were about 2,486 homes for sale in Snohomish County last month. That's down 46 percent from the number of homes available in the county in April 2011."

The full Everett Business Journal article can be found here:

Home prices rise 10% in Snohomish County