Median home price flat at $650K; listings rose 31% from last year but buyer demand stayed sluggish despite easing mortgage rates.
SEATTLE — Home prices across Washington state held steady in August while sales slowed, underscoring a housing market still grappling with weak buyer demand, according to the Northwest Multiple Listing Service.
The median sales price for residential homes and condominiums last month was $650,000, unchanged from July and less than 1% higher than August 2024.
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Active listings dipped 2.7% from July but surged 30.8% year-over-year, topping 20,000 homes
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