Edmonds came in fifth in Zillow’s top-10 list of most popular housing markets of early 2022.
The most popular market is Woodinville, leading a list of fast-growing suburbs as the most in-demand places of the first three months of the year. Following close behind were Burke, Virginia, in the Washington, D.C. area; Highlands Ranch, Colorado, outside of Denver; Westchase, Florida, near Tampa; and Edmonds.
The most popular markets so far this year paint a picture of how remote work has changed the U.S. housing landscape, Zillow said. Demand for suburban homes found an extra gear last summer, causing suburban home values to grow faster than home values in urban areas, a reversal from previous norms and from the first 15 months of the pandemic. Remote work is a driving force behind this shift, prompting home buyers to prioritize affordability and space over a short commute, Zillow said.
More from the announcement:
The suburbs that beat out all others to make the top 10 of Zillow’s most popular markets of Q1 are seeing home values grow faster on a quarterly basis than the principal city in their metro area, indicating stronger demand. Most of them have more expensive homes than their nearest major city, and several are significantly more expensive. Eight of the top 10 have a typical home value higher than their nearby principal city, and seven of those have a typical home value more than $150,000 higher.
Zillow’s Top 10 Most Popular Markets of Q1 2022
- Woodinville, Washington (Seattle)
- Burke, Virginia (Washington, D.C.)
- Highlands Ranch, Colorado (Denver)
- Westchase, Florida (Tampa)
- Edmonds, Washington (Seattle)
- Yorba Linda, California (Los Angeles)
- Johns Creek, Georgia (Atlanta)
- Tustin, California (Los Angeles)
- Ballwin, Missouri (St. Louis)
- Golden, Colorado (Denver)
Gosh could we keep quiet about it the last thing we want to do is admit we lost to Woodinville. Well that and the property tax evaluation.
It’s okay Edmonds, we still have more street lights than Woodinville 😉
Not to worry. With the push to raise building heights, move hundreds of residents into downtown and not disturb “our most vulnerable residents” we should get off this list in no time.
Woodinville does have more gorgeous areas for the public to gather and have picnics, frisbee, read or just enjoy food from the many eating establishments all around. For example, check out DeYoung Park across from Molbaks. It’s .62 acres right in the heart of things with adult- size swings, covered eating area, seating above that, community murals, bronze work, occasional live music and a large grassy area. Edmonds should and could do that!
It’s worth thinking about why you don’t see Mukilteo on this list. In 1970, Mukilteo was the big deal and Edmonds was a tiny backwater. Why did Edmonds go one way while Mukilteo went another? My guess is zoning enforcement.