Home Price Index (High Tier) for Seattle, Washington

SEXRHTNSA • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

394.59

Year-over-Year Change

1.59%

Date Range

1/1/1990 - 5/1/2025

Summary

The Home Price Index (High Tier) for Seattle, Washington measures the change in home prices for high-end properties in the Seattle metropolitan area. This metric is closely watched by economists and policymakers as an indicator of housing market trends and affordability in major urban centers.

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 Home Price Index (High Tier) tracks the price movement of single-family homes and condominiums in the top third of the Seattle housing market by value. It provides insights into the high-end segment, which can have important implications for overall economic activity, wealth distribution, and policy decisions.

Methodology

The data is collected and calculated by the Federal Housing Finance Agency (FHFA) based on repeat sales of the same properties.

Historical Context

Trends in the high-tier home prices are monitored by the Federal Reserve, local governments, and real estate analysts to understand housing market dynamics and their broader economic impacts.

Key Facts

  • Seattle's high-tier home prices have risen over 150% since 2000.
  • The high-tier index is outpacing the overall Seattle home price index.
  • High housing costs contribute to affordability challenges in the region.

FAQs

Q: What does this economic trend measure?

A: The Home Price Index (High Tier) for Seattle, Washington measures changes in home prices for the top third of the housing market by value in the Seattle metropolitan area.

Q: Why is this trend relevant for users or analysts?

A: Trends in high-end home prices provide insights into the overall health of the housing market and have implications for economic activity, wealth distribution, and policy decisions.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the Federal Housing Finance Agency (FHFA) based on repeat sales of the same properties.

Q: How is this trend used in economic policy?

A: The high-tier home price index is monitored by the Federal Reserve, local governments, and real estate analysts to understand housing market dynamics and their broader economic impacts.

Q: Are there update delays or limitations?

A: The FHFA releases the Home Price Index data on a quarterly basis, with a slight delay after the end of each quarter.

Related Trends

Citation

U.S. Federal Reserve, Home Price Index (High Tier) for Seattle, Washington (SEXRHTNSA), retrieved from FRED.