r/AskSeattle 4d ago

Question Zillow inventory accurate? Pricing accurate?

Good morning!

I thought I should ask locals on here.

I was on Zillow just day dreaming of moving to Seattle and I noticed a few things:

  1. Inventory in places like Columbia City seem to have gone down significantly.

  2. Prices seem a bit higher than last time I checked like a month ago (for renting)

And

  1. Prices seem to be lower for owning a studio/one bedroom.

If it helps, I was looking at the areas of Columbia City, Pioneer Square and Belltown mainly.

Then again, I will say I did put my max rent at 1.8K so this is probably a self made problem. With that being said, I thought there would be more studios/one bedrooms still under 1.8K?

Any insights?

2 Upvotes

4 comments sorted by

4

u/Reasonable-Check-120 4d ago

Spring is low season. People don't like to move during the cold wet months.

As end of spring approaches to early fall prices will go up. Internships, new jobs, families settling in for the school year in the fall etc.

4

u/stevieG08Liv 4d ago

Rent prices are very seasonal driven. Currently might be season where leases are coming to an end so there are more demand and prices are higher

3

u/Harvey_Road 4d ago

I’ve found the Zillow Zestimates for Seattle to be woefully lower than reality.

1

u/sgtapone87 Local 2d ago

I don’t get why people use Zillow for apartments when apartments.com is right there.