Current Real Estate Market December 7, 2020

Home Prices in Seattle top Nationwide Increases

Seattle was #2 in the nation for price growth in September 2020. This is according to S&P CoreLogic Case Shiller Home Price Index reported by The Seattle Times. Homes in the middle tier (priced between $470,183-$705,295) rose 12% year-over-year, and modest homes (under $470,183) rose 12.5%. Homes over $705,295 rose by 9%. Going forward in 2021, experts predict home prices will keep rising since demand remains high and inventory and interest rates remain low.

Read the full Seattle Times article here.