Are you looking to buy in 2018?

Wondering which neighborhood (in Seattle)  is going to appreciate so you can increase your investment in just 12 months? Yes, just 12 short months!

Then keep reading…

Seattle Magazine & Zillow just published an article last week for their predictions in 2018 – some starting (and not so startling) neighborhoods made the list!

Most Appreciation
Belltown, 7.8 percent
Delridge, the Industrial District (i.e., SoDo), Highland Park and Riverview, 7.2 percent
Beacon Hill, Georgetown and South Park, 7 percent

Still Appreciating – just not as rapidly!
University District, Laurelhurst, Windermere and Bryant, 3.5 percent
Montlake, Madison Park and Denny-Llaine, 4.2 percent
West Seattle, Alki and North Admiral, 4.4 percent

Fastest Appreciation
If you want to move into a neighborhood where the homes are appreciating more quickly than other places, the median home prices in these neighborhoods have had the fastest year-over-year appreciation between December 2016 and December 2017.
Northgate, 25.2 percent
Belltown, 24.9 percent

Slowest Appreciation
In some areas of the country, the average home appreciation of these neighborhoods would seem impressive. But in Seattle, median home prices increased most slowly in these areas.
Madison Park, 5.5 percent
Hawthorne Hills, 9.2 percent
Olympic Manor, 9.4 percent

If you are looking to invest in 2018  (and stop wasting your money on expensive rent) then, follow these price points to see where you’re likely to find a house in your range, and where homes are likely to appreciate the most. All figures are for median home prices.

Most Affordable*
Rainier View, $389,500
South Park, $392,400
Northgate, $408,500

Neighborhoods with Homes at about $500,000
Brighton, $506,900
Roxhill, $510,900
Holly Park, $523,200

Neighborhoods with Homes at about $750,000
Maple Leaf, $749,100
Genesee, $750,300
Central District, $751,300
Fremont, $767,000

Million-Dollar Neighborhoods
Olympic Manor, $972,900
Madrona, $1,016,000
Hawthorne Hills, $1,080,700
Montlake, $1,199,000

Want to dive deeper? Curious about what is on the market in your price range? Shoot us a message, we are happy to help and guide you through the Real Estate process here in Seattle!