
<a href="https://mynorthwest.com/local/home-market-rates-cool/4115262" target="_blank">View original image source</a>.
It looks like Seattle’s starter home market is hotter than your morning coffee! Sales jumped nearly 4% in June alone, making this the 10th consecutive month of year-over-year growth. First-time buyers are racing in, eager to snatch up properties before they vanish faster than your lunch in a busy office. With pending sales also up 3.1%, it’s clear the buzz isn’t dying down anytime soon.
Even as entry-level homes climb the ranks, the mid-tier and high-end markets are taking a backseat. Sales of mid-priced homes slipped 0.9%, while those fancy high-end listings dropped by 3.6%. If you’ve got a million-dollar mansion, you might want to sit tight and adjust your expectations—or consider getting a goldfish instead. Meanwhile, starter homes are selling in just nine days. That’s less time than some of us take to pick an outfit!
With demand still sky-high, it’s worth pondering: Are starter homes the resilient unicorns of the cooling housing market? If you’re in the market or just curious, what features make a starter home irresistible to you? Let’s hear your thoughts!
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