There is yet another article in the Seattle Times about the real estate market in King County, WA. Here are some of the highlights:
"A $2.5 million home drew two offers and sold in four days"
"We haven't had any inventory, so when something comes on, and it's considered well-priced and has a fairly well-thought-out floor plan, it goes," she said. "Prices have ratcheted up, too."
"scant inventory is taking a bite out of sales and helping pump up prices"
See the actual article for a complete coverage.