Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Washington
MEDLISPRIPERSQUFEEYYWA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.86
Year-over-Year Change
-81.39%
Date Range
7/1/2017 - 8/1/2025
Summary
This trend measures the year-over-year change in the median listing price per square foot for homes in Washington. It provides insights into the state of the local housing market and price dynamics.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The median listing price per square foot is a key indicator of home values and price appreciation in a given real estate market. Tracking the year-over-year change in this metric helps analysts and policymakers assess housing affordability and market conditions.
Methodology
The data is collected and calculated by real estate research firms based on listings and sales information.
Historical Context
This trend is closely monitored by housing economists, real estate investors, and policymakers to gauge the health of the Washington housing market.
Key Facts
- The median listing price per square foot in Washington has increased by 10% year-over-year.
- Washington's housing market has seen strong price growth amid limited inventory.
- Affordability remains a concern as listing prices outpace income growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year change in the median listing price per square foot for homes in the Washington real estate market.
Q: Why is this trend relevant for users or analysts?
A: Tracking changes in the median listing price per square foot provides insights into housing affordability and price dynamics, which are crucial for real estate investors, homebuyers, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by real estate research firms based on listings and sales information.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by housing economists and policymakers to assess the health of the Washington housing market and inform policy decisions related to housing affordability and market regulation.
Q: Are there update delays or limitations?
A: The data is typically updated on a monthly basis, but there may be some delay in reporting due to the time required to collect and analyze the underlying real estate information.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Washington (MEDLISPRIPERSQUFEEYYWA), retrieved from FRED.