The inventory of homes in Seattle proper this February was still tight compared to last year, like it was back in January, but the astronomical price growth of the past few years has slowed slightly in the face of rising interest rates and growing unease over the war in Ukraine.
To be clear, though, multiple offers are still the norm and the market remains highly competitive, according to the Northwest Multiple Listing Service. In fact, all areas of Seattle, except one, saw jumps in the median home price in February compared to the same month last year.
5. SoDo and Beacon Hill
The overall number of active home listings in February took
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