House Prices by Area

House prices are a key determining factor in housing affordability and in assessing the ability of renter households to transition into homeownership. The Washington Center for Real Estate Research has been conducting housing market surveys at the county and statewide level since 1985. For many cities, county level house price data represents too large an area to conduct useful analysis of housing costs for localized markets.

In order to assist local governments in assessing housing needs across the spectrum of tenure options, median house prices at the jurisdiction level by housing type are provided for the years 2017, 2018, 2019. Median prices for one, two, three, and four-bedroom homes are also provided. For housing construction type, only data on detached residential and condominium / townhouse construction have been provided.  Inconsistencies in recording common interest ownership properties in transaction records between jurisdictions made a distinction between condominium and townhouse properties difficult. A similar problem occurred with manufactured homes within planned communities and on owned land parcels. As this data set develops, information on manufactured homes and other types of construction will be provided. Data for our sample was obtained through local residential property transaction records in county assessor’s offices and multiple listing service providers.