Greenwood Home Prices and Home Values
Sourced through Scoop.it from: www.zillow.com
The Greenwood neighborhood of Seattle shows a -1.8% forecast for property values in the next year. Zillow is calling this "cool", in the market tempaerature measurement. With an average value of about $719,000, this is about a $13,000 value reduction. My guess is with tighter inventory, values hold tight too. Appraisals are not showing lower values, according to real estate appraisers we have spoken with.