Will housing prices go down in Seattle 2022?
The median asking price for a home in King County was $899K in September 2022, which is an increase of 20.6 percent year over year. The median sale price was 810K. If the Median Listing Price is increasing, the market is likely “hot,” and homes will sell more quickly. When prices increase, sellers will benefit.
Are house prices dropping in Washington state?
According to Redfin, Washington home prices were up 4.3% year-over-year in August. The number of homes sold fell 23.6% and the number of homes for sale rose 18.2% as compared to last year. The median price of homes in Washington was $598,200.
Are Seattle home prices going to drop?
See what’s happening near you. It’s not just the Craftsman down the block dropping in price. Home prices across the Puget Sound area continue to trend down.