Seattle Real Estate News

Seattle Hot Home Prices!

August 31st, 2017 7:14 PM by Sam Kader

The Seattle housing market has gotten hotter across the board every passing months in 2017 since bottoming out in 2012. Prior to 2006, prices were up nearly 20% from a year before and tumbled back down during the recession. Prices in Seattle are rising twice as fast as the national average and rising faster than anywhere else in the country for the 10th straight month. The typical home in Seattle now costs nearly $750,000 and $860,000 on the Eastside. The new statewide median home has hit a record price of $337,000 according to University of Washington's Runstad Center for Real Estate Studies. Looking for some affordable homes in Seattle adjacent areas?

Fastest-rising home prices compared to a year ago

1. Seattle +13.4%
2. Portland +8.2%
3. Dallas +7.7%
4. Detroit +7.6%4. Denver +7.6%

Source: Case-Shiller home price index

Posted in:Home Prices, first-time homebuyers, and tagged: Home Prices first-time homebuyers

Posted by Sam Kader on August 31st, 2017 7:14 PM

Seattle Real Estate News

Seattle Hot Home Prices!

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