Home Buying Trends

Pacific Northwest Continues To See Prices Rise At Incredible Pace

From Fortune Magazine

“Home prices have been on the rise nationally since February, but no area of the country has seen a spike like the Pacific Northwest.

“The price of single family homes in the Seattle area has soared 13.5% in the past 12 months. That’s more than twice the national average of 5.9%.

“The median single family home in Seattle, as of August, costs $730,000 – though residents willing to brave the 1.5 hour (one way) commute from Snohomish or Pierce County can find a home for $455,000 or $313,000, respectively.”

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About the author

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Christopher Cox

Christopher G. Cox has over 20 years of experience in the real estate and finance industries. He has understands the complexities and diversity of the real estate market, and he has a passion of helping people realize the American Dream.