It was the tale of two real estate markets to close out 2022. Seattle saw some surprising growth while the Eastside was the biggest loser. January still counts as a “slower” winter month when it comes to real estate activity, but the latest numbers from Northwest Multiple Listing Service might raise some eyebrows just the same.
Rising 3. Central Seattle
The area encompassing the likes of Madison Park and Capitol Hill had a robust showing in January, especially considering inventory is relatively high compared to the pinched pandemic-era inventory that marked January of 2022.
January 2023 median sale price: $820,000
Price growth year-over-year: 11.57 percent
Months of inventory: 3.42
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