The Northwest Multiple listing service said that in King County, there’s only a 1.8-month supply of houses and condos for sale. Industry analysts say a four- to six-month supply is needed for a balanced market. The Puget Sound Business Journal report here.
Whether it is to avoid sitting in crawling traffic or to lower one’s carbon footprint, residences in walkable neighborhoods are increasing in appeal. According to walkscore.com, some of Seattle’s neighborhoods rank 6th in the nation for walkability. Seattle’s top 5 walkable neighborhoods are Downtown, Belltown, South Lake Union, Pioneer Square and First Hill, with the University District tightly following in 6th place. See the complete list of Seattle neighborhood walkability scores.
walkscore.com applies a 0-100 walkability score based on the following:
90-100 Walker’s Paradise Daily errands do not require a car.
70-89 Very Walkable Most errands can be accomplished on foot.
50-69 Somewhat Walkable Some amenities within walking distance.
25-49 Car-Dependent A few amenities within walking distance.
0-24 Car-Dependent Almost all errands require a car.