Current Market Data

The 10 most expensive new listings in Seattle

Ewing & Clark agents Betsy Terry and Jane Powers are responsible for the two most expensive new listings in Seattle.

Seattle has some of the highest home prices in the country

Seattle has the fourth-highest home sale prices in the U.S., according to the latest RE/MAX National Housing Report.

Mortgage rates dip below 7%, bring relief to homebuyers

Buyers are finally getting some relief as mortgage rates dip below 7% for the first time in five weeks, according to a new Redfin report.  As of May 15, the typical 30-year fixed mortgage rate was 6.99%, down from

Housing starts rebound in April after March slump 

New-home construction jumped 5.7% month over month after a soft March, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

Hotels overtake offices in residential conversions

According to a new report from RentCafe, hotels have overtaken offices as the most likely spaces to be converted into new apartments.

Seattle home sales rise in spite of mortgage rate constraints

Despite year-over-year increases in interest rates last month, the housing market in the NWMLS region saw a 10% increase in closed sales, according to the organization’s latest market update.

Seattle has the lowest housing supply in the nation

Greater Seattle’s housing supply increased by 9.8% year over year in March — however, that only amounted to a 0.6-month supply, well below the six or so months seen in a balanced market.

The 10 most expensive new listings in Seattle

The priciest new listing in Seattle is a waterfront property with views of the Cascades.

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.

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