April 2023 witnessed a significant decline of 22% in the inventory for sale in the Seattle metro area, with the total number reaching 6,870. This reflects a substantial decrease compared to the corresponding period of the previous year.

At the same time, the median sale price of single-family houses in the area has dropped by 8% in comparison to the prior year, coming in at $722,466. This decline in median sale price suggests a downward trend in housing prices in the region during the specified time frame.

Learn more about the metrics in PropMix Market Insights.

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