[allendale]

Anyone have current data on real estate values in Minneapolis, Seattle or Portland?

[Starboard]

Anyone have current data on real estate values in Minneapolis, Seattle or Portland?

*************

Good luck getting insurance on your property in those cities. And no insurance means no loans.

[Da Coyote]

“Anyone have current data on real estate values in Minneapolis, Seattle or Portland?”

Good question. Notice, of course, that none of the slimy, bottom dwelling, and deserving of torture media even bothers to ask those who have been ruined, are in fear, or have lost their jobs about the “protestors”.

Yup, CW-II is not only coming, but necessary.

[SkyDancer]

This is as of July 2020: The median home value in Seattle is $767,906. Seattle home values have gone up 2.2% over the past year and Zillow predicts they will fall -1.7% within the next year.

However it's declining and the latest figures are not in yet. I bet they'll go down due to that CHOP thing and the de-funding of police and the idiotic decisions of the city council; but then, Seattle is a liberal utopia.

[pepsionice]

If you follow business journal ‘chatter’ for the greater Minneapolis/St Paul area...they say that prices haven’t dropped and the asking prices are being met (at least as of late July).

I think a lot of things have to occur with defunding police or terminating police departments...to create an ‘exit’ mentality.

If you start seeing an increase in house-burglary or cars being stolen...then people will follow with the attitude of leaving metropolitan areas.

[Redmen4ever]

Minneapolis:

From 2012 to 2019, real estate prices advanced strongly; however, they have trended down this year.

According to Zillow, in April 2019 median list price/sq. foot peaked at $274. In Jan 2020, median list price/sq. foot fell o $261. This is the latest date for which data is available from this source.

According to NORADA, June 2020 compared to June 2019

Metro area - listings down 15%
Minneapolis - listings down 2%

Metro area - sales down 9%
Minneapolis - sales down 18%

Metro area - inventory down 30%
Minneapolis - inventory down 10%

Metro area - Median price up 5%
Minneapolis - Median price up 3%

Metro area - Average price up 3%
Minneapolis - Average price up 1%

CONCLUSION: Relative to its metro area, supply in Minneapolis is outpacing demand, and prices are soft. However, as of June, the Minneapolis real estate market hasn’t collapsed. The real estate market in Minneapolis is merely poor.

https://www.noradarealestate.com/blog/minneapolis-real-estate-market/

[Vaduz]

Nearing the same as Detroit just a little more time and it will be lower.