Median prices increased and average days on the market plummeted in the Puget Sound region during the first quarter of 2022, the latest John L. Scott Luxury Market Trends report shows. The median luxury home price surged by double-digit percentages in West Bellevue, Snohomish County and the Eastside compared to the first quarter last year. On the whole, the numbers reflect the trends in the Seattle-area housing market during the last two years: Inventory is minuscule, demand and prices are up, and when properties do hit the market, they don’t stay there for long… read more

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