March 5

Seattle & Eastside Housing Market Update [April 2021]

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It's still an extremely tight housing market in Seattle and especially on the Eastside, where the number of available homes dropped over 68% year-to-year in March, and the median sale price rose over 30% year-to-year to reach $1,350,000.  Interest rates are still extremely low, at or slightly below 3 percent - further driving the demand for homes.

(The most recent numbers are always from the previous month.)

Seattle and Eastside Year-to-Year Housing Data - March 2021

Seattle and Eastside housing market data March 2021

Expect to see year-to-year data shift in the next few months because in March of 2020 is when the effects of the pandemic started to play out in the housing market - especially in April and May of 2020. "Sold" data always lag by a few months, so the events that occurred in spring of 2020 show up in numbers published in May through July 2020.

King County Year-to-Year Housing Data - March 2021:

King County WA market data March 2021 King County WA

Snohomish County Year-to-Year Housing Data - March 2021:

King County WA market data March 2021 Snohomish County WA

All data provided courtesy of the Northwest Multiple Listing Service®. Report © 2021 Showing Time.

For the latest press release on housing stats from the NWMLS, click here to go to their Current Issues page. April stats will be published here when they're available in early May.


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