Seattle Home Sales Slip 6.3% as Buyer Demand Softens
Market Activity Shows Mixed Regional Performance Despite Overall Sales Decline Seattle's declining home sales figures reveal a complex regional market that isn't easily defined. The citywide 6.3% sales drop conceals significant variations among neighborhoods. Urban areas face a more severe market downturn, while suburban areas appear less affected. Surprisingly, some core neighborhoods show renewed real estate strength against regional trends. If Trump's 2025 Tariffs are enacted, Seattle's real estate market could face additional pressures, affecting material costs and potentially further reducing sales. The technology sector continues to influence demand, spurring buyer interest in specific corridors despite overall market cooling. Regions with robust tech employment enjoy more stable transaction volumes. Housing supply constraints vary, with zoning regulations impacting inventory differences across neighborhoods. This uneven distribution intensifies mixed performance...