New home-price highs: $777,000 in Seattle, $950,000 on the Eastside

Mike Rosenberg | Seattle Times 

Both Seattle and the Eastside again have smashed home-price records as the region’s housing market continues to be brutal for homebuyers even before the peak spring season kicks off.

New monthly home-sales data released Tuesday showed Seattle’s median single-family-home price hit $777,000 in February, $20,000 more than the previous all-time high set just a month prior.

On the Eastside, the median cost of a house was $950,000, or $12,000 more than the peak price from two months ago. And yet there is little escape for people priced out of the region’s most expensive markets.

New home-price highs_ $777,000 in Seattle, $950,000 on the Eastside _ The Seattle Times