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How much did home values decrease in Seattle (Central District, Capital hill areas) in 2010?

  • December 27 2010 - Central
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Answers (3)

Profile picture for AmyB
Hi marrgarret,
Here's the link to Zillow's Real Estate Market Report for Capitol Hill. This charts median home values for all homes (single family and condos), not just those that sold. Latest data shows home values down 3% year over year (as of October 31); new data for November will be posted the first week in January.
http://www.zillow.com/local-info/WA-Seattle/Capitol-Hill-home-value/r_250206/
  • December 28 2010
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NWHome.us is right.  It definitely depends on the database that you pull from.  According to the NWMLS, it shows the average price in the area that you are asking about to be up +7.2% and the median price +3.8%.  This covers the MLS area "390" which includes basically the "cut" south to I-90 and I-5 east to Lake Washington.  There are a few variances but you get the drift.  It also covers only Single Family Homes, not condos.  This is YTD November 2009 vs. YTD November 2010.  December numbers are obviously not in yet.  I give a more weight to median vs. average.  Hope this helps!
  • December 27 2010
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Profile picture for nwhome.us
It depends on which database you use.  Have you looked on the Local Info tab at the top of this page?
The NWMLS, which only tracks sales that go through their system, will only show a slight decline (-1%).
  • December 27 2010
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