A report from the Seattle Times in Washington. "In June, the median home price in Seattle fell to $781,000, a 3.9% drop from June of 2018, according to the Northwest Multiple Listing Service. In King County overall, median prices dropped by 2.3% in June from the same period last year, to $695,000. In the Queen Anne-Magnolia neighborhood, the median price in June fell to $1,107,500, down 8.1% from June 2018. In the Ballard-Greenlake neighborhood, the median price settled to $799,950, which is 6.4% lower than a year ago. In Redmond, the median home price fell to $840,000, down 10.2% from a year ago."

"June’s year-over-year decline is a marked change from the double-digit price growth of the last several years — and still more evidence that the Seattle area housing market has hit some sort of threshold. The King County market is 'experiencing a bit of a hangover,' says Mike Larson, the president at Allen Realtors in Lakewood."

"The cooling Seattle-area market is rippling across the real-estate sector. Stephen Cancler, who owns Full House Inspections Services, says his business is down around 25% since 2017, when a booming market pushed up demand for inspections. 'I’d like to see it come back up a bit,' he said."