Wednesday, June 26, 2013

Seattle Housing Prices Reach Biggest Year Over Year Gain Since 2000!

Mt BakerSeattle housing prices continue to rise, and have jumped another 12.1 percent in April from a year ago, according to the Case Shiller price index, released today. Our housing market posted a slight gain of 2.7% from March, the biggest month over month increase we’ve seen since 2000! All other cities in the 20 city index also posted gains except for Detroit. 
There were 12 cities overall that posted double digit year over year gains including Seattle, while cities like Las Vegas, San Francisco, phoenix, and Atlanta posted gains of over 20%. In general, the housing recovery is getting stronger, and more sustainable, and ready to ease home buyers and sellers back to the marketplace. If you’re looking to buy or sell your home int he Seattle area, contact your local Real Estate agent today.


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