S&P Case-Shiller Report Shows Positive Growth in Seattle for 2019

After a relatively slow start to the 2019 real estate market, S&P Case-Shiller reported a strong finish to the year, with year-over-year gains of 4.1% reported for the Seattle metro area. This figure topped the national average, which closed at a stable 3.8% growth. In both the Seattle area and the U.S. market as a whole, prices accelerated as the year closed.

Phoenix, Arizona topped the nation in growth for the seventh month in a row, at 6.5% and was followed by Charlotte, North Carolina (5.3%) and Tampa, Florida (5.2%). Seattle’s growth of 4.1% tied gains seen in Atlanta, Georgia, which was a consistently hot market throughout 2019.