Suburbs Still Saw Massive Price Growth Despite the Cooldown

There’s been much debate about “The Great Reversion” and whether Seattle is headed into a real estate market crash, but based on the recent data from the Northwest Multiple Listing Service, the suburbs haven’t received the memo.

Back in August, the formerly smoking-hot Eastside experienced its first downturn in quite some time. So how did the suburbs fare in September? Let’s just say the tables have turned.

Rising 3. Enumclaw

Closer to Tacoma than Seattle, Enumclaw was once a far-flung corner of King County. The rush to the suburbs caused by the pandemic and remote work has made prices in this formerly affordable city jump. In September last year, that median sale price was just $585,429.
September 2022

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