The S&P CoreLogic Case-Shiller 20-city home price index in the US rose 6.6% from a year earlier in September of 2020, following a 5.3% increase in the previous month and well above market expectations of a 5.1% gain. Graph and download economic data for S&P/Case-Shiller WA-Seattle Home Price Index (SEXRNSA) from Jan 1990 to Sep 2020 about Seattle, WA, HPI, housing, price index, price, indexes, and USA. Case-Shiller has data for 16 of the 20 largest metropolitan areas in the United States. Seattle’s housing market has been red hot for years, with home prices and rents soaring in recent years. That particular forecast extends into March 2020.In March 2019, the company wrote: “Seattle home values have declined -2.4% over the past year and Zillow predicts they will fall -2.6% within the next year.”They also labeled this market as being “cold,” based on the nu… A limited supply of homes for sale has led to competitive bidding that pushed prices higher and higher. Average prices of more than 40 products and services in Seattle, WA, United StatesNov 2020. The February report from NWMLS showed the housing market in Seattle saw low inventory and growth in sales. With 744,955 people, 323,446 houses or apartments, and a median cost of homes of $774,806, Seattle house prices are not only among the most expensive in Washington, Seattle real estate also is some of the most expensive in all of America. December 2, 2020. This month, the real estate research team at Zillow predicted that the median home value in Seattle would decline by -2.6% over the next 12 months. One Federal Reserve Bank Plaza, The accuracy of this forecast for Seattle is 85% and it is predicting a positive trend. Prices for Housing, 1967-2020 ($100,000) According to the U.S. Bureau of Labor Statistics, prices for housing were 781.11% higher in 2020 versus 1967 (a $781,112.10 difference in value).. The current level of housing starts as of October 2020 is 1,530.00 thousand homes. S&P/Case-Shiller Home Price Indices, Units:  https://fred.stlouisfed.org/series/SEXRNSA, Please review the copyright information in the series notes before sharing. Homes in Seattle receive 4 offers on average and sell in around 8 days. Releases from S&P Dow Jones Indices LLC, More While that will slow somewhat in 2018, the market shows few signs of actually cooling off. Data isn’t available for, or Case-Shiller doesn’t follow, Houston (#5), Philadelphia (#8), Riverside (#13) or St. Louis (#20). Home prices might continue to grow in the summer and during the rest of 2020. Below, I provide and graph historical monthly median single-family home values in the United States.Importantly, this data is non-seasonally adjusted and based on sales of existing homes.. The red line represents inflation-adjusted house prices. Although Vancouver home prices have dropped significantly, they are still not very affordable. The Data. Index Jan 2000=100, Not Seasonally Adjusted, Frequency:  The Case-Shiller graphics on this page show house price data for the rest of the top 20 metros plus Charlotte … The Covid 19 shutdowns have impacted the rental housing market, yet prices have risen and look to rise further in the face of ongoing rental housing shortages, and a housing … Seattle Real Estate Market Trends and Statistics. The trailing inflation-adjusted prices are then derived by adjusting the nominal prices by the CPI-U Research Series Using Current Methods. This can not be undone. visitors to this site. There are signs that home prices could end up falling. Reproduction of Home Price Index for Seattle, Washington in any form is prohibited except with the prior written permission of S&P Dow Jones Indices LLC "S&P". The Case-Shiller Home Price Index seeks to measure the price of all existing single-family housing stock. 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