Market Leaders Profile: Seattle

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Data and information on the Seattle remodeling market

October 01, 2009



Population: 3,344,813 (9.9 percent increase since 2000)

Home prices

• Down 16.1 percent from 2008

• Down 22.2 percent from July 2007 local peak

• Up 13.3 percent over last 5 years

• Up 53.9 percent over last decade

Homeownership rate: 61.4 percent (No. 60 among major metros)

Median household income: $61,740

Local unemployment rate: 8.9 percent (up from 4.5 percent in 2008)

Sources: S&P/Case Shiller Home Price Index, U.S. Bureau of Labor Statistics, U.S. Census Bureau 



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