October Home Prices Stabilize

The Standard & Poors / Case-Shiller Home Price Indices show that October home values were pretty much the same as September, as the nationwide index went from 146.17 to 146.08.

In Seattle, the index went from 142.09 in September to 141.82 in October.

So far in 2012, Seattle home values are up 8.3%, which is the biggest annual gain since 2006.

Inventory levels are at astounding lows in the Seattle market, and while there are good buys to be had, many prospective sellers are simply “staying put.”


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