The 44th edition of the in-depth forecast report examined 80 cities to determine trends in the real estate industry for 2023.

The median age of inventory in Seattle is 42 days, down from 46 before the pandemic began.

Real estate professionals gather at The Emerald in Seattle.

Washington ranked No. 9 on the safety list overall.

MoxiWorks serves more than 800 brokerages with 400,000 agents who collectively account for one in five housing transactions in the U.S.

In Seattle, home prices posted a 9.9% year-over-year gain in August, compared to a 14.5% gain in July. Month over month, prices fell 3.9%.

15% of Washington renters are not up to date on their rent.

Seattle’s year-over-year housing inventory growth was 78.7%, 10th among major metro areas.

WalletHub compared more than 1,300 cities with populations between 25,000 and 100,000 across five metrics.

September data from Northwest MLS showed housing inventory is on the rise, while closed sales and prices have dipped.

Communities on the list were ranked based on economic opportunities, quality of life, diversity and where the best futures lie. 

The markets cooling fastest are many of the same places that saw the biggest spikes in home prices during the last three years. 

While the easier commute times are clear, the bridge’s reopening has ancillary effects, such as improved real estate prospects. 

The price index dropped in Seattle, too, declining 3.06% from June to July, the second-largest drop among metros in the 20-city composite index behind only San Francisco.

In Seattle, the bidding-war rate actually grew, as 33.9% of Redfin offers faced competition in August

Burns has served in senior leadership roles for top Coldwell Banker companies, both nationally and regionally, for over 20 years.