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.

In King County, prices rose by 1% annually in Q3 — and that appreciation outpaced local wage increases, as in 47% of counties analyzed.

Point2Homes analyzed listings in every U.S. state and Washington, D.C. to determine the most expensive home for sale in each.

Regionally, pending sales were down across the board on both a monthly and an annual basis, the National Association of REALTORS® said. 

Among the top upgrades: large showers.

Seattle’s housing market ranked as the eighth-most valuable in June with a total dollar value of $1.076 trillion.

Active inventory fell by 32.6% year over year in Seattle last month — that’s among the highest rates of decline in the entire country.

Total housing inventory at the end of August was 1.11 million units, up 3.7% from July but down 14.6% on a year-over-year basis, the National Association of REALTORS® said. 

Canceled home-sales contracts hit their highest rate in almost a year as skittish homebuyers blanche at mortgage rates that are the highest they’ve been in more than 20 years