"Home prices in Seattle Typically, home price per square foot in Seattle tend to fall in October. And the most recent data shows that the price per square foot decreased by 0.7% compared with the month before. So, how does this compare with the rest of the U.S.? Nationally, home price per square foot decreased 0.8%, which means price changes in the Emerald City are keeping pace with the national market."
"In October, there were 2,354 homes for sale in Seattle, which was 0.2% less than the month before and 17.4% more than the same time last year. Meanwhile, active inventory across the nation remained practically unchanged from last month to 1,100,001. Time on market Homes in Seattle take an average of 40 days to sell, according to October figures. This is seven days less than the previous month and four days less than the same month last year."
Seattle's median listing price rose to $769,950 in October, reflecting a moderate month-over-month increase. Active inventory in the city was 2,354 homes, a 0.2% decrease from the prior month and a 17.4% increase year-over-year, representing a larger-than-typical seasonal drop. Price per square foot in Seattle declined 0.7% month-over-month, closely tracking the national decline of 0.8%. Homes in Seattle averaged 40 days on market in October, seven days faster than the previous month and four days faster than the same month last year. National active inventory totaled about 1,100,001 listings and national days on market averaged 63 days.
Read at SFGATE
Unable to calculate read time
Collection
[
|
...
]