Seattle, WA

3 Seattle Neighborhoods Where Home Prices Fell the Most in August 2022

Published

2 years ago

September 13, 2022

3 Seattle Neighborhoods Where Home Prices Fell the Most in August 2022

What a distinction just a few months could make. Again in 2021, we marveled on the unrelenting competitiveness of the native actual property market. Now, housing costs aren’t solely slowing in year-over-year progress, they’re really falling in some neighborhoods, in response to the newest information from the Northwest A number of Itemizing Service. (Rents, we’re sorry to say, are nonetheless rising.)

“The market is just reverting to its long-term common because it strikes away from the bogus situations attributable to the pandemic,” explains Windermere’s chief economist Matthew Gardner.

What meaning is the actual property market is not precisely in a free fall, but it surely’s actually normalizing. Here is the place costs rose and fell essentially the most final month.

Rising

3. North Seattle

Again in June, historically a brisk month for the actual property market, this northeast quadrant of Seattle noticed glimmers of 2021’s bonkers numbers: a year-over-year median sale worth progress of 19.55 p.c. The 4.3 p.c worth progress in August could seem tame as compared, but it surely nonetheless reveals the recognition of locations like Ravenna, Wedgwood, and Laurelhurst.
August 2022 median sale worth: $897,000
Worth progress year-over-year: 4.3 p.c

2. West Seattle

A gradual climb of stock all through Seattle has allowed would-be patrons to be extra picky than they may in latest reminiscence. Which makes that modest 5.74 worth progress all that extra spectacular as West Seattle’s median sale worth hovers close to the $800,000 vary.
August 2022 median sale worth: $792,500
Worth progress year-over-year: 5.74 p.c

1. Central Seattle

At 2.17 months, stock is the very best it has been all 12 months on this core a part of Seattle encompassing enclaves like Capitol Hill, Madison Park, and Montlake. Costly single-family residences mixed with luxurious rental gross sales? That is a recipe for rising residence costs.
August 2022 median sale worth: $875,000
Worth progress year-over-year: 11.46 p.c

Falling

3. Queen Anne and Magnolia

These northern hoods appear to reside and die by their single-family residence gross sales, the place properties are a few of the costliest within the metropolis. In August, sturdy rental gross sales weren’t sufficient to push Queen Anne and Magnolia into the black.
August 2022 median sale worth: $950,000
Worth progress year-over-year: -1.04 p.c

2. SoDo and Beacon Hill

Stock is not every part. Though SoDo and Beacon Hill are rolling in residence listings, with 2.63 months of stock, 50 p.c fewer residence gross sales closed in August than the identical time final 12 months. That was sufficient of a distinction to bump that worth progress down a smidge.
August 2022 median sale worth: $659,999
Worth progress year-over-year: -1.27 p.c

1. Belltown and Downtown

The core of town was hammered throughout the pandemic as residents fled their shut quarters to seek out more room out within the suburbs. However with regular and constant positive aspects in 2022 it appeared like downtown was lastly making a comeback—till now. Even with 4.19 months of stock, it’d take just a few months but to see the guts of Seattle again to pre-pandemic demand.
August 2022 median sale worth: $619,000
Worth progress year-over-year: -15.21 p.c

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Seattle, WA

Video: Jordan Babineaux on the #Seahawks: “EVERYBODY'S on the Hot Seat” | Seattle Sports – Seattle Sports

Published

5 hours ago

January 12, 2025

Press Room

Video: Jordan Babineaux on the #Seahawks: “EVERYBODY'S on the Hot Seat” | Seattle Sports – Seattle Sports

Seahawks Legend Jordan Babineaux joins hosts Dave Wyman and Bob Stelton to discuss the future of the Seahawks. Babineaux shares his opinons on Geno Smith, DK Metcalf, John Schneider and more.
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0:00 Will Geno Smith be back?
5:01 Should Ryan Grubb have been fired?
7:24 Will DK Metcalf be back?
9:27 Fixing O-line issues
14:47 Ernest Jones re-sign?
17:10 Is John Schneider on the Hot Seat?

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Listen to The Wyman & Bob Show weekdays from 2 p.m. – 7 p.m. live on Seattle Sports 710 AM and the Seattle Sports App, or on-demand wherever you listen to podcasts.
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More info on The Wyman & Bob Show here:
https://sports.mynorthwest.com/category/wyman-and-bob/

More Seattle Seahawks coverage from SeattleSports.com:
https://sports.mynorthwest.com/category/seahawks/

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Seattle, WA

Seattle weather: Cooler, but drier, week ahead

Published

16 hours ago

January 12, 2025

Press Room

Seattle weather: Cooler, but drier, week ahead

FOX 13 Meteorologist Ilona McCauley has your 7-day forecast.

SEATTLE – Clouds cleared out this evening around Western Washington, and we got to enjoy a beautiful view of the mountain today! We will likely be seeing more of Mount Rainier in the coming days as the morning fog burns off, and we get more sunbreaks.

Clouds cleared out as we got to enjoy a beautiful sunset over the skyline this evening.

A ridge of high pressure will build in beginning today, bringing a quiet, stable pattern for the coming days. Clear nights and calm winds will lead to foggy mornings with low clouds forecast to break around 10am to 12pm each day.

Map showing cloud cover over Western Washington.

Mostly clear skies this evening will allow for fog to develop by early Sunday morning.

Slightly cooler temperatures are forecast around Western Washington. Afternoon highs will warm to the low and mid 40s which is a little below the seasonable average.

Sunday afternoon forecast high temperatures.

A cooler day is forecast for Western Washington with temperatures forecast to be in the low 40s.

No big weather makers are in store for Western Washington in the upcoming week. Mornings will start off with fog which should burn off by the late morning hours. No significant chances for rain this week.

The extend forecast for Western Washington.

Foggy mornings with afternoon sunbreaks in the extended forecast.

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Seattle, WA

Kakko scores 2 in 3rd period, Seattle Kraken beat Sabres 6-2

Published

24 hours ago

January 11, 2025

Press Room

Kakko scores 2 in 3rd period, Seattle Kraken beat Sabres 6-2

BUFFALO, N.Y. (AP) — Kaapo Kakko scored twice in the third period, Joey Daccord made 33 saves and the Seattle Kraken overcame an early two-goal deficit to beat the Buffalo Sabres 6-2 on Saturday.

Seattle Kraken 6, Buffalo Sabres 2: Box score

Oliver Bjorkstrand gave Seattle the lead on a scramble in front of the net at 3:08 of the third. Kakko scored 38 seconds later, and added another goal on a power play 1:40 after that.

Andre Burakovsky, Ryker Evans and Brandon Tanev also scored to help the Kraken snap a four-game skid. Chandler Stephenson, Joshua Mahura and Jared McCann each had two assists.

The Kraken scored six straight goals after Sam Lafferty and Jack Quinn gave the Sabres a 2-0 lead in the first period. Ukko-Pekka Luukkonen stopped 24 shots for Buffalo.

The Sabres had won two in a row.

Takeaways

Seattle Kraken: Rallied from a multi-goal deficit for an NHL-best sixth time, rebounding from a 6-2 loss in Columbus on Thursday night.

Buffalo Sabres: Fans booed and bellowed for general manager Kevyn Adams to be fired and owner Terry Pegula to sell the team after the season’s 15th blown lead in a loss.

Key moment

After Luukkonen made the save on an initial shot by Burakovsky, the rebound shot by Bjorkstrand ricocheted off the goalie’s leg pad and into the net off the glove of Sabres defenseman Jacob Bryson.

Key stat

The Kraken are 4-0-0 liftime in Buffalo with a 22-11 goal differential.

Up next

Seattle is at Detroit on Sunday in the middle of a five-game trip. Buffalo has three days off before hosting Carolina on Wednesday night.

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