The Brief
- Seattle now ranks third in the nation for median home sale prices, with a year-over-year increase of 2.2% to $766,725.
- The Emerald City also saw a 49.1% jump in home inventory, the fourth-highest increase in the country.
- Experts say the rise in inventory is giving buyers more options than at any point since 2015.
SEATTLE – Home prices are climbing again, and Western Washingtonians are no strangers to the trend.
The numbers for June, however, show a milestone marker as the city is ranked third-highest for median sale prices. The good news? The Emerald City is also a top performer nationally in increasing home inventory.
Local home prices are up 2.2% year over year in the greater Seattle area. This accounts for a median sale price of $776,725, according to the most recent REMAX national housing report.…