in #CASE you missed it… Seattle Housing Market on FIRE!

in #CASE you missed it… Seattle Housing Market

Wow, Real Estate here in the Puget Sound area sure has become expensive to say the least. Seattle has seen prices rise consistently year over year and continues to lead the nation in price. 

Everett and Tacoma have seen drastic increases in price as well.

Seattle has held the title of the nation’s hottest housing market for 18 months and counting, as continued population growth powered by the region’s tech boom and few available homes keep prices soaring.

According to the latest update from the Case-Shiller national home price report, Seattle home prices in February rose 12.7 percent over the same period a year ago. The report calls out Las Vegas and San Francisco as the second and third fastest-rising housing markets and the only other markets with double digit annual gains.

The report follows data released by the Northwest Multiple Listing Service earlier this month showing the median price for a home in Seattle jumped to $819,500 in March, gaining nearly $43,000 in value over last month’s record numbers. Should this pace continue, the median sale price could creep up close to $1 million toward the end of the year.

I wouldn't be surprised to see this listing online - small studio with murphy bed in great neighborhood. $2600 a month + deposit 

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