This graph shows how the price of homes have evolved over the last 30 years in a few key counties in the Pacific Northwest.
For many years, NWMLS has been tracking a variety of metrics each month in counties within its service area. One of these monthly metrics is Median Sale Price, which is the middle point in the price distribution of homes sold that month, meaning half of the sold properties were priced higher, and half were priced lower. Median Sale Price is considered a more accurate representation of the market than average sale price, as it is less affected by outliers.
