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Seattle home prices up almost 19 percent from 2014

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by

Robert LeCompte
Home prices rise in Seattle

Since last March, as the Seattle Times reports, the average price of homes in Seattle have risen from $450,000 to $535,000, an 18.9 percent increase. One factor driving prices up: The number of available homes for sale has fallen by 23 percent in the same one-year period. J. Lennox Scott, CEO of John L. Scott Real Estate, said, "We are selling more homes than new listings come on the market."

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By Robert LeCompte

Robert LeCompte is an editorial intern at Crosscut. He studies communications and film at The Evergreen State College where he recently transferred from Maryland. When not working, he can usually be f