After unexpected growth in January from neighborhoods like Queen Anne and Magnolia (66.44 percent year over year), West Seattle (15.15 percent), and Central Seattle (11.57 percent), it’s tempting to be more optimistic about February. (Rents did go up that month.)
Sorry, but it’s time to give that bubble a pop. The latest numbers from Northwest Multiple Listing Service show Seattle home sale prices were down 1.32 percent overall compared to the same month in 2022. Still, there were some surprises.
Rising 2. Central Seattle
Last month, this area encompassing the likes of Madison Park and Capitol Hill was up more than 11 percent.
→ Continue reading at SeattleMet