Seattle Real Estate

*Synced from the Seattle and Real Estate blogHome prices in the Puget Sound housing market showed signs of cooling in July, but sales volumes were on par with the blazing temperatures we saw for much of the month. While the number of closed sales of single-family homes in King County held relativ...

*Synced from the Seattle and Real Estate blogS&P/Case-Shiller released its monthly home price index this Tuesday, and the numbers show that home prices in the Seattle metro area have reached a minor lull in the traditionally busy buying season, with the index up just 1.4 percent in May from April...

*Synced from the Seattle and Real Estate BlogOnly four cities in the U.S. have a higher percentage of homes selling above their listing price than Seattle: San Francisco and San Jose, Calif. are seeing nearly 80 percent of homes selling above asking; Oakland, Calif. is not far behind at more than...

*Synced from the Seattle and Real Estate blogThe median price of single-family home sold in King County has reached new heights this year. According to the Northwest Multiple Listing Service, the median price in King County has reached $500,000, a 10.3 percent increase over the last peak of $481,...

*Synced from the Seattle and Real Estate blogS&P/Case-Shiller released its Home Price Index for April yesterday, and the numbers paint a familiar picture of the Seattle-area housing market: prices are rising, and people are buying. The average price for a single-family home in the area comprising...

*Synced from the Seattle Luxury Rentals blogDemand for rental properties in King and Snohomish counties does not seem to be waning, despite average rents having risen 10 percent over the year. Apartment vacancy rates are at their lowest point in at least 10 years, at 4.05 percent, according to Ap...

*Synced from the Seattle and Real Estate blogAcross the U.S., houses are selling at breakneck speed, with homes only surviving on the market for an average of 28 days before being snatched up by eager buyers. Many homes sold even faster than that in May, with approximately 35 percent going into c...

*Synced from the Seattle and Real Estate blogThere likely aren’t many facets of today’s housing market that can be compared to that of the Gold Rush era, but according to a recent article in The Seattle Times, young homeowners’ share of the market has regressed to early 20th Century rates. Among ...

*Synced from the Seattle Real Estate BlogSeattle rents continue their upward trend, and a the median price for a one-bedroom apartment will now set you back a whopping $1,858 per month. But while many markets are seeing rental rates rise at a faster pace than home values, that is not the case in ...

Just when it seems like Seattle’s home prices couldn’t possibly go any higher, the S&P/Case-Shiller Index releases its monthly housing numbers. According to Tuesday’s release, Seattle-area home prices rose 2.3 percent in March, the second highest monthly gain of any city in the national index, tr...