Seattle home sales rose from a year ago for the 12th straight month in June, according to real estate analytics firm DataQuick.
More than 4,800 new and existing homes sold in the area during June, up more than 10% from last year and a 4.6% increase from the previous month.
Like in other large markets, most of the activity occurs in the higher end of the market. Home sales above $300,000 rose more than 24% from a year earlier, while transactions below $200,000 actually dipped slightly. Resales of homes foreclosed in the previous year made up just 14.6% of the market, the lowest level since October 2008.
Foreclosure filings remained 45% below levels measured one year ago.
It was the highest home sale total for June since 2007, the height of the housing bubble, according to DataQuick.
Median home prices increased to nearly $290,000, up more than 8% from one year ago. Seattle home prices began to increase annually in April after more 20 straight months of declines.
