Seattle Real Estate Sales, Prices Slipped in April

How did King County’s real-estate market perform in April? That depends on where you look — and whom you ask. Countywide, the number of houses sold and the median price they fetched both fell nearly 7 percent from April 2010’s figures, according to statistics released Thursday by the Northwest Multiple Listing Service.

Last month’s median sale price was $349,950, down from $375,000 for the same month last year.

Realtors and other market observers attributed the drop in large part to a continuing surge in sales of lower-priced, bank-owned homes and “short sales” for less than buyers owe lenders. But the story wasn’t the same in every corner of the county.

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