Thursday, September 11, 2008

Home Sales Value and Volume in Central Seattle WA in August 2008

Home values in central Seattle Washington have been pretty flat since March. The median priced home has been hovering just above or just below $600,000. In August it was $619,000.

Sales volume has been flat as well hovering around 50 homes sold each month with 47 selling in August.

The summer months are typically the busiest of the year for central Seattle. Although, this summer has not held that trend due to the current troubled climate in the lending industry. I expect the number of homes sold in September to remain around 50 and the median priced home to remain around $600,000.

View Graphs

No comments: