Washington state’s housing market was strong in the first quarter of 2015, according to the UW’s Runstad Center for Real Estate Studies.


Washington state’s housing market was strong in the first quarter of 2015, according to the UW’s Runstad Center for Real Estate Studies.

Home sale prices were down in the fourth quarter of 2014 compared to the third quarter but up compared with the previous year, and the rate of home sales also dropped, according to the UW’s Runstad Center for Real Estate Studies.

In the third quarter of 2014, home sale prices increased, but sales themselves were fewer in Washington state. The statewide median sales price for a single family home stood at $277,100 according to the Runstad Center for Real Estate Studies in the University of Washington’s College of Built Environments. This is an increase of 2.3 percent from the second quarter and a 5.2 percent increase over the $263,400 median resale price recorded in the third quarter of 2013. Conversely, while the seasonally…

Washington state’s housing market rebounded from its first quarter performance, as the annual rate of existing home sales rose 6.4 percent in the second quarter of 2014.

Washington state’s housing market finished weaker in the first quarter of 2014 when compared to the end of 2013, according to the UW’s Runstad Center for Real Estate Studies.