“Seattle home prices down $80,000 from peak amid unprecedented spike in homes sitting unsold”
“The number of homes sitting unsold in King County has doubled in the past year as buyers continue to retreat from the once-hot market — pushing prices in the city of Seattle down even further.”
October year over year market statistics:
Median price, single family homes; Seattle up 2%, Eastside up 5.3%, North King County down 6.3%, overall King County up 6.5%, overall Snohomish County up 7.6%.
Median price, condos; Seattle up 4.7%, Eastside up 18.1%, North King County up 24.4%, overall King County up 5.8%, overall Snohomish County up 6.8%.
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