Seattle-Area Home Values Stable for 7th Consecutive Month

The just-released Case-Shiller Index for October shows Seattle values at 149.26, virtually unchanged for the seventh consecutive month, providing further evidence that home values have stabilized in the Seattle area.

After reaching a low of 149.03 in March, index values have hovered between 148.94 and 149.54, a fluctuation of less than one percent.

The index has a base value of 100 in January 2000; thus, the October index value of 149.26 translates into 49.26% appreciation rate since January 2000 for a typical home in the Seattle Metro Statistical Area, which includes King, Pierce, and Snohomish counties.