In the February newsletter, I sent out the January Sales summary for all three counties. I didn’t go into a lot of details, so let me know if you need more information.
6 sales were reported by CBA in January. All but one were industrial properties, located in Everett/Mukilteo, Lynnwood, and Monroe. The average price was just over $100/SF
An impressive 29 sales were reported for King County in January. In King County, the majority of sales were Office properties, followed closely by Industrial properties. There was a few land and Retail sales also. Prices for office properties averaged $146/SF and industrial properties averaged $83/SF.
13 sales were reported for Pierce County in January. These were almost evenly divided between Industrial and Retail properties. Industrial properties averaged just under $70/SF and retail properties averaged almost $127/SF.