Report: Seattle has one of the nation’s strongest big-city housing markets

Photo by Benjamin Massello on Unsplash

Puget Sound Business Journal | Shawna De La Rosa

Seattle has the third-strongest residential real estate market in the country, according to WalletHub, and the rest of the Puget Sound area is holding its own as well.

Using 18 metrics,¬†a newly released study¬†from the personal finance website compares Seattle’s market with that of other large U.S. cities, defined as having a population of 300,000 or more.

The city ranks 10th overall for the lowest median number of days that homes for sale sat on the market, 12th for the lowest percent of delinquent mortgage holders and 45th for building permit activity. It also came in eighth for population growth rate.

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