Case-Shiller: Seattle Home Values up 8.2% in 2012

The December data is in, and Seattle home values are up 8.2% from December 2011, the largest one-year gain since 2006.

Nationwide, home values were up 6.8%.

The recovery in home prices reflects a general rebound in the construction sector.

Locally, the Seattle market is very hot, with low inventory and a pool of buyers arming themselves with pre-inspections to fight bidding wars, as multiple-offer situations have become commonplace again.

Advertisements

One response to “Case-Shiller: Seattle Home Values up 8.2% in 2012

  1. Pingback: Real Estate Headlines 02.26.2013

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s