What is the cost of living in Seattle?

The cost of living in Seattle is high, especially for housing. The typical home lists for $775,000 right now. Prices have stayed pretty stable over the past year and even dipped slightly in the most recent month.

The cost of living in Seattle is high, especially for housing. The typical home costs $775,000 right now. This is a bit lower than last month and last year. There are 12,278 homes for sale, which is a lot more than last year. Even with more homes available, they are still selling for a high price per square foot—around $438. It takes about 44 days for a home to sell once it's listed. This is a bit longer than last year, meaning homes aren't flying off the market as quickly. About 23% of homes have dropped their prices. This means some sellers are adjusting their expectations to attract buyers. For anyone looking to buy or sell, be prepared for a competitive market where homes stay on the market a little longer, but prices remain high.