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Seattle Rents Rise as Home Supply Drops

September 30, 2014

Home supply in Seattle continues to decline as homes on the market are snapped up more quickly than they become available. There is currently 1.7 months of supply available in Seattle, a severe seller's market.

Homes are topping pre-recession highs with such little supply and large demand. As homes are hard to find, rental prices are also increasing, with average rents in King County reaching upwards of $1,300, up 5.4 percent from six months ago. 

Neither Wicklund Real Estate nor any officer, agent, or employee of Wicklund Real Estate warrants the accuracy, reliability, or timeliness of any information on this website and shall not be liable for any losses caused by such reliance on the accuracy, reliability, or timeliness of such information. Any person or entity that relies on information obtained from this website does so at his or her own risk. The information contained in each listing has not been verified by Wicklund Real Estate. NWMLS listing data (indicated by the three trees icon) is provided (but not compiled) courtesy of the NWMLS.