Current Market Data
Redmond ranked No. 1 overall — although the average home is valued at over $1.36 million, the area’s population has grown 18.13% since 2017.
A record number of homesellers are dropping their prices as buyers continue to feel the impact high mortgage rates are having on their wallets.
Redfin analyzed median sales prices in Seattle neighborhoods during September to determine which area is the most expensive — and the most luxurious.
The Seattle housing market saw one of the largest drops in year-over-year home sales in September.
With sky-high prices and ruthless mortgage rates, Halloween decorations aren’t the only thing making the housing market a little bit spooky this fall.
The median price of a new home sold during the month fell to $418,800 from $433,100 in August, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.
Seattle still has a ways to go in recovering from the Covid-19 pandemic, according to a report from the University of Toronto.
If you aren’t looking closely enough, you might miss it. The most expensive new listing in Seattle is a minimalist property that blends right into the Puget Sound scenery.
From entertainment and dining to community camaraderie, Capitol Hill is one of the trendiest neighborhoods in the country … so how much does it cost to live there?
The median existing-home price for all housing types in September was $394,300, up 2.8% from $383,500 in September 2022.
Specifically, single-family homes were built at a seasonally adjusted annual rate of 963,000, up 3.2% from 933,000 in August and up 8.6% from 887,000 a year earlier, according to government figures.
Brutalist style and sensory gardens may seem at odds — but they are both hot home design trends that will rule 2024. At least, according to new predictions from Zillow.
That ranking probably won’t come as a surprise to most Seattleites, though — residents of the Puget Sound area are likely well aware of the city’s strengths in sustainability.
A 15% rise in applications for adjustable-rate mortgages drove overall mortgage applications higher in the most recent weekly survey.
New home listings are still on the rise, despite mortgage rates hitting the highest level in more than 20 years. And those high mortgage rates are pushing monthly housing payments higher than they’ve ever been.
Active property listings fell 20% during the month. Meanwhile, home sales fell in 23 of the 26 counties in the NWMLS region.
