A Bright Outlook for the Future of 2019 All in all, the outlook for the Seattle real estate market is that it is still tight but it is improving and the forecast is sunny. December 30, 2019. Given that 2019's performance was much better than forecast, the experts cautious outlooks don't carry much weight. Survey respondents identified Seattle as being strong across a number of factors The median home value in Seattle is $752,187. “The Seattle area housing market is still coming off the ‘sugar high’ that we saw last summer, but homes sales and prices are stabilizing, which is reassuring to both buyers and sellers.” Let us look at the price trends recorded by Zillow over the past few years. Homes in Seattle receive 1 offers on average and sell in around 32 days. Are you spooked about the real estate market in 2019 or 2020? Historical research data on the Home Price Index for the Seattle Real Estate Market is available back to the 4th Quarter, of 1975. Real Estate; Economists: Buyers ... South Seattle residents blasted with late-night jet noise ... Economists project home prices will rise more slowly in 2019. Both NAR and Zillow report a healthy housing market. It will continue to be highly competitive moving forward but there will Strong real estate investor demand and lower property prices are in the 2020 Seattle housing market forecast. The House Price Inde x (HPI) shows changes in Seattle … Zillow expects rates will … Seattle-Bellevue-Everett, WA Real Estate Market: Housing market forecast, house price index charts, home price trend, analysis & statistics, home price appreciation rates. The 2017 report placed Seattle at #4. Check the state of the US housing market forecast The recent stock market correction The Seattle housing market is very competitive. Menu. Seattle Home Prices and Home Values. But the Seattle real estate market forecast for 2019 released in October places Seattle firmly in first place. See that trending stats, economic factors, … Read the latest news about residential and commercial real estate in the Seattle area and Pacific Northwest. Real estate appreciation figures represent total net increase or decrease over each time period. The average sale price of a home in Seattle … Leave a comment below and please do share this post on Linkedin. The forecast for 2020's housing market. The outlook for California, Florida, Texas, New York, Arizona are positive. Seattle home values have declined -0.7% over the past year and Zillow predicts they will rise 3.9% within the next year. Seattle is Currently Undergoing a Cooling Period in Its Real Estate Market, Giving Buyers a Better Opportunity to Get Into the Market at Lower Prices. Skip to content. Seattle Real Estate Market Forecast 2020 What are the Seattle real estate market predictions for 2020? **2019 Puget Sound Real Estate Forecast** 2018 saw some of the greatest volatility in the greater Seattle real estate market that we have seen in nearly a decade. All calculations are based on the quarterly value of the House Price Index for Seattle. Summary: The housing prices in Seattle are cooling, with prices lower than they were the same time last year. As it remains one of the strongest markets in the nation, it makes sense for investors to be wondering about housing market projections for Seattle real estate.Let’s get into it. Realtor.com and Redfin forecast the rate on a 30-year, fixed-rate mortgage will rise to 5.5 percent by the end of 2019. “The August numbers offered a few interesting nuggets,” stated OB Jacobi, president of Windermere Real Estate.