Seattle sub-markets pulling buyers out of the city

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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.

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