Home Sales Decline in Seattle Metro Area Real Estate Market

In this week's report, the number of homes sold in the Seattle Metro Area market slid to 5,792 over the past 30 days, but still above the monthly average. King County, which is part of the Seattle Metro Area, had the most home sales within the area, with 3,050. The median sales price dropped to $386,750, down from last week's $390,000. With only two months of inventory to sell, the Seattle Metro Area is a definite seller's market, in spite of the dip in sales.

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Get started right now by checking out Seattle Metro Area homes for sale or reviewing Seattle Metro Area real estate trends.

Demographic facts for the Seattle Metro Area:

  • The population growth rating is 65. (Scale: 1 = Worst, 100 = Best)
  • The property tax in this area is $11.28/$1,000.
  • The area's commuter length breakdown is: <15 min (21.8%), 15-29 min (36.0%), 30-44 min (23.8%), 45-59 min (9.2%), >60 min (9.3%).

Data reported through 10/13/2016

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