Median Home Price Seattle
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The median price of homes for sale is 689900.
Median home price seattle. The red line shows inflation adjusted median single family home prices in 2007 dollars from 1946 through 2007. New monthly data shows the median price of a single family home in seattle 760000 is exactly the same as it was one year ago. The median price of homes that were sold is 705600 feb 2020. The median home price for the seattle metro area is 442333 according to long term data from real estate information company zillow.
The average sale price per square foot in seattle is 475 up 38 since last year. Foreclosures will be a factor impacting home values in the next several years. The gradient area depicts the year over year change in home prices. The median rent price in bellevue is 2945 which is higher than the seattle tacoma bellevue metro median of 2295.
In seattle the median price for a house hit 700000 for the first time. Homes in seattle receive 2 offers on average and sell in around 6 days. In seattle washington there are several homes apartments co ops and condos listed for around the states median home price including a 4 bedroom 2 bathroom home and a 1 bedroom 1 bathroom. Seattle median prices climbed 22000 just in the past month.
Considering the most recent numbers however homebuyers should expect to pay even more to live in the seattle area. Looking at home price data this far back shows us a few interesting things. The median home value in seattle is 767906. Seattles typical house sold for a record 722250 in april less than three years after crossing the 500000 threshold.
Seattle home values have gone up 22 over the past year and zillow predicts they will fall 17 within the next year. Thats well above the national median home price of 227025. The median list price per square foot in seattle is 517 which is higher than the seattle tacoma bellevue metro average of 285. Prices in the city have also doubled in the last five years and have climbed 60000 in the last year.
The same holds true for bellevue where a typical home ran. The first thing that jumps out at me is how flat the graph is from 1946.
