"An abundance of buyers and significant shortage of sellers had King County home prices shooting up last month, with the median price of houses and condos sold on the Eastside hitting $400,000 for the first time.
People hunting for a house in the county in March had a third fewer properties to choose from, compared with a year earlier. Those lucky enough to buy a home paid 16 percent more than a year ago."
Seattle Real Estate Information: Prices Go Higher, by Elizabeth Rhodes, Seattle Times, 4/7/05
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