Friday, October 3, 2014

Seattle Market Update Oct 2014


Seattle Market Update

Seattle was just voted #3 for the top sellers market.    Prices dropped 1.8% from last month but were up 4.7% from last year.  Zillow predicts prices to go up 3.1% next year.  The number of new homes on the market is down a whopping 13% from last month and Seattle currently has a 2.2 month supply of homes on the market.  There is not as many cash buyer or investors that could lead to a slight slowdown of the market.