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Seattle Housing Market Update for May 2020

Seattle Housing Market Update for May 2020

In May, the Seattle median home price went down sharply, dropping almost $40K, from April’s high of $730,000 down to $692,000. This was most likely due to strong buyer demand and extreme lack of inventory.

How Did the Seattle Housing Market Do In April 2020?

How Did the Seattle Housing Market Do In April 2020?

Seattle home prices surged in April despite the stay-at-home order. Fewer sellers listed homes for sale, leading to a 40% decline in new listings compared to April 2019. This further constrained supply…

Seattle Housing Market Update for March 2020

Seattle Housing Market Update for March 2020

The Seattle housing market in March didn’t seem to be largely affected by the COVID19 outbreak. Home prices were still up year-over-year and homes were still listing, despite a state-wide stay-at-home order.