Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Seattle-Tacoma-Bellevue, WA (CBSA) (MEDLISPRIPERSQUFEEMM42660) from Jul 2017 to Feb 2025 about Seattle, square feet, WA, listing, median, price, and USA.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in King County, WA (MEDLISPRIPERSQUFEEMM53033) from Jul 2017 to Feb 2025 about King County, WA; Seattle; square feet; WA; listing; median; price; and USA.

Displacement risk indicator classifying census tracts according to single-family home sale prices in census tracts where at least 100 single-family homes exist. We classify arms-length transactions only along two dimensions:The median price of sales within the census tract for the specified year, balancing between nominal sale price and sale price per square foot.The change in median sale price (again balanced between nominal sale price and price per square foot) from the previous year.

The average annual rent for manufacturing space in Seattle/Puget Sound, Washington, soared in 2023. In the fourth quarter of the year, the rental cost amounted to nearly 12.6 U.S. dollars per square foot. That was higher than the average rent for manufacturing space in the United States.

In the last quarter of 2024, San Francisco, New York, and Honolulu were some of the U.S. cities with the highest housing construction costs. Meanwhile, Phoenix had one of the lowest construction costs for high-end multifamily homes at 280 U.S. dollars per square foot and Las Vegas for single-family homes between 235 and 470 U.S. dollars per square foot. Construction cost disparities As seen here, the construction cost for a high-end multi-family home in San Francisco in the first quarter of 2024 was over twice more expensive than in Phoenix. Meanwhile, there were also great differences in the cost of building a single-family house in New York and in Portland or Seattle. Some factors that may cause these disparities are the construction materials, installation, and composite costs, differing land values, wages, etc. For example, although the price of construction materials in the U.S. was rising at a slower level than in 2022 and 2023, several materials that are essential in most construction projects had growth rates of over five percent in 2024. Growing industry revenue Despite the economic uncertainty and other challenges, the size of the private construction market in the U.S. rose during the past years. It is important to consider that supply and demand for housing influences the revenue of this segment of the construction market. On the supply side, single-family home construction fell in 2023, but it is expected to rise in 2024 and 2025. On the demand side, some of the U.S. metropolitan areas with the highest sale prices of single-family homes were located in California, with San Jose-Sunnyvale-Santa Clara at the top of the ranking.

Displacement risk indicator classifying census tracts according to apartment rent prices in census tracts. We classify apartment rent along two dimensions:The median rents within the census tract for the specified year, balancing between nominal rental price and rental price per square foot.The change in median rent price (again balanced between nominal rent price and price per square foot) from the previous year.Note: Median rent calculations include market-rate and mixed-income multifamily apartment properties with 5 or more rental units in Seattle, excluding special types like student, senior, corporate or military housing.Source: Data from CoStar Group, www.costar.com, prepared by City of Seattle, Office of Planning and Community Development

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Snohomish County, WA (MEDLISPRIPERSQUFEEMM53061) from Jul 2017 to Feb 2025 about Snohomish County, WA; Seattle; square feet; WA; listing; median; price; and USA.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Pierce County, WA (MEDLISPRIPERSQUFEEYY53053) from Jul 2017 to Feb 2025 about Pierce County, WA; Seattle; square feet; WA; listing; median; price; and USA.