Is Seattle a good place to relocate to?

Deciding to relocate involves many personal factors, but looking at the housing market in Seattle today, it could be a challenging time for someone moving there. While the median listing price is high at $780,000, it's actually down by 2.4% from a year ago. This suggests that while homes are still expensive, their values have slightly decreased over the past year. There are more homes to choose from now, with active listings up 21.0% compared to last year. However, new homes coming on the market are down 8.4%, meaning fewer new options are appearing. Homes are also taking longer to sell, staying on the market for a median of 36 days, which is 20.0% longer than last year. Plus, 19.0% of homes have had their prices reduced, an increase of 2.7% from last year, indicating sellers are cutting prices to attract buyers. For someone considering a move to Seattle, it's important to be aware that while there are more homes available, the market is seeing a slowdown in new listings and properties are taking longer to sell, with more price reductions. Take your time, do your research, and be prepared for higher housing costs.