Outer areas of Seattle region flourish as other areas cool

Photo by Nitish Meena on Unsplash

While things have slowed in some areas within Seattle proper, outer edges of the region, including Tacoma and Everett, have been seeing growth. For homes under $410,000, prices grew about 16 percent in the past year, and many buyers are going further outside the city to secure a home in their budget. 

Mike Rosenberg | Seattle Times

A month after the Seattle area was dethroned as the hottest housing market in the country, the local housing market is cooling again — but the outer reaches of the metro area remain competitive.

Single-family home prices across the region that includes King, Snohomish and Pierce counties were unchanged in July from a month prior, according to the monthly Case-Shiller home price index, released Tuesday. It’s the first time prices didn’t grow in the month of July since 2009, when the housing bust was in full swing.

To read the rest of the article, click here: As Seattle home prices dip, outer reaches of metro area are humming along