Are house prices dropping in Washington state?
In August 2022, home prices in Washington were up 4.3% compared to last year, selling for a median price. On average, the number of homes sold was down 23.6% year over year and there were 10,315 homes sold in August this year, down 13,509 homes sold in August last year.
Will house prices go down in 2022 Oregon?
Portland, OR home values are forecasted to decline 0.1% between July 2022 to July 2023. Salem, OR home values are forecasted to rise 3.3% between July 2022 to July 2023. Eugene, OR home values are forecasted to rise 4% between July 2022 to July 2023.
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.