Current Market Data

Monthly home payments set new record in March

Monthly home payments hit new records last month reaching an all-time high of $2,747, an 11% increase from last year.

Seattle is the No. 1 city for college grads

Seattle is the top city in the country to move to after college graduation, thanks to factors like a thriving STEM industry, ample green spaces and high incomes.

Competition remains tight among buyers in the Northwest MLS region

Low inventory continues to fuel competition among area buyers, according to the latest market update from the Northwest Multiple Listing Service.

Seattle Zoomers will spend over $200,000 on rent before they hit 30

By the age of 30, Gen Z renters in Seattle will have spent $205,534 on rent, according to a new study from RentCafe.

Washington home values have more than doubled in the past decade

The state where home values have increased the most was Idaho, which saw a 171.03% increase in home values from 2013 to 2023.

Renovation spending has jumped 60% since 2020

In 2020, median renovation spending was $15,000. That amount increased by 60% in three years, with the median home renovation costing $24,000 in 2023.

This is the ‘dream living room’ — to Washingtonians

Furniture retailer Joybird surveyed over 2,500 Americans and asked them to describe their dream living room.

The best week to sell this year: April 14 – 20

Prospective sellers should prepare to jump on the market — the week of April 14 through 20 will be the best time to sell this year.

NAR: Existing-home sales post biggest gain in a year

Sales rose 9.5% from January to a seasonally adjusted annual rate of 4.38 million.

Median home price pushes up 10.2% in greater Seattle

Lack of housing inventory is pushing home prices higher in Seattle, according to the latest RE/MAX National Housing Report.

The 10 most expensive new listings in Seattle

COMPASS agents are responsible for four of the 10 most expensive new listings in Seattle, all added to the MLS in the past 30 days.

Don’t paint your house these colors if you’re trying to sell

There’s a reason many homeowners opt for neutral shades when trying to sell their house — certain flashy colors may be off-putting to buyers.

Opendoor: A portrait of first-time homebuyers in 2023

Many buyers entered the housing market for the first time in 2023. But who were these first-timers, and what did their homebuying experience look like?

U.S. housing supply receives boost, marks first increase in eight months

With the spring market right around the corner, the U.S. housing supply finally got a boost. 

Today’s buyers prioritize price over location

Location, location, location … at least that’s how the old real estate adage goes, right?

Median sales prices rise across Puget Sound region

The median price across the NWMLS region was $606,111 in February, a 6% increase from February 2023, when the median was $575,000.

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