The average home sale price in the Puget Sound region was $419,700 in July, according to data from Zillow.
That’s a 5.5% jump from the same month last year.
And while the average home price is up 6% from a year ago, prices in the Seattle metro area have been consistently higher than those in the rest of the country.
But how does the Seattle market compare to other parts of the U.S.?
According to Zillows data, Seattle is still a bargain compared to the rest-of-the-country, which has been the national leader in price appreciation since the housing crisis began in 2007.
The Seattle metro region was the 13th most expensive region in the country to buy a home in the past year, according a Zillower report.
The average price of a home sold in the metro area was $4,200 in July.
But even with a higher median price, Seattle still had the most affordable housing market in the nation.
In other words, it’s a lot cheaper to live in Seattle than in any other part of the nation and it’s also a lot more affordable than most other big cities.
The city’s median household income is $51,700, which is more than a dollar and a half higher than the national median.
The median house price in Seattle is $744,700 and the median family income is more like $67,500.
But what if you don’t want to live there?
For those of us who live here, it doesn’t have to be this way.
For those who are looking to downsize, there are a number of places in the city that you can live, rent or buy a place that will fit your budget and lifestyle.
Read more: http://www.washingtontimes.com/news/local/index.ssf/2017/07/living_in_southeast_coast_city_gets_a_better_view_of_the_market.html