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The real estate market in Seattle is hot—home prices are breaking records left and right all around the region.
Whether you live in the city, on the outskirts of King County or in the general area, you'll find that the real estate market has never been hotter. Investing might be hard right now but if you're selling, there's never been a better time for you to get rid of your home in the Seattle real estate market.
Here is a breakdown of everything you need to know about the market before you make any moves:
Seattle and its surrounding areas are great locations to work, live, and play! Even so, it’s getting increasingly pricier to buy a home in the Seattle city limits.
In April 2018, the median price in the city rose to just under $820,000, a 112% increase over the last five years. For some prospective home buyers, that number might be unattainable.
Even if you can afford that high price tag, city life can be tough.
For that reason, many people are opting to buy their homes in the suburbs of Seattle rather than within the city itself.
Becoming a homeowner is a major step in life. It’s also a major decision that shouldn’t be taken lightly. If you’re looking to buy a home in Seattle Washington, here’s how to get best financial value for your investment.