2017 | Should I Buy A House In Seattle

In 2017, Seattle was considered the . For anyone looking to buy during that year, the decision was largely a trade-off between securing a home before prices climbed further and navigating intense competition caused by record-low inventory. Market Landscape in 2017

: Supply was extremely tight, with only about 15 days of inventory available in the mid-price range ($500k–$600k). This lack of options created "seller gridlock," where homeowners were afraid to sell because they couldn't find a new place to buy. should i buy a house in seattle 2017

: The median sales price in Seattle reached approximately $478,500 by the third quarter of 2017. While this was nearly double the U.S. median of $254,000, it was still seen as a "bargain" compared to San Francisco's $900,000 median. In 2017, Seattle was considered the

: Amazon's headquarters alone was a primary driver for housing demand. By late 2017, there were signs of a slight hiring slowdown, leading some to predict a cooling of the "double-digit" appreciation rates in the following years. This lack of options created "seller gridlock," where