Seattle sub-markets pulling buyers out of the city

Real Estate

Seattle’s housing market isn’t cooling quite as fast it was earlier this spring, but prices are still dropping as inventories build and would-be buyers continue to search outside the city limits for better prices.

In June, the median home price in Seattle fell to $781,000, a 3.9% drop from June of 2018, according to data released Monday by the Northwest Multiple Listing Service.

That monthly median was also down about a half-percent from the comparable figure in May. In King County overall, median prices dropped by 2.3% in June from the same period last year, to $695,000.

Click here for more information: https://www.seattletimes.com/business/real-estate/june-real-estate-numbers-tell-a-now-familiar-story-seattle-is-losing-buyers-to-tacoma-other-outlying-spots/