RealTrends Market Report

Seattle, WA

Single-Family Homes

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Seattle, WA

Wed Jul 02 2025
This week the median list price for Seattle, WA is $1,065,000 with the market action index hovering around 50. This is less than last month's market action index of 52. Inventory has held steady at or around 1,010. Click here to stay informed with the Seattle market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Seattle, WA

Wed Jul 02 2025
This week the median list price for Seattle, WA is $1,065,000 with the market action index hovering around 50. This is less than last month's market action index of 52. Inventory has held steady at or around 1,010. Click here to stay informed with the Seattle market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Seattle market.
Median List Price $1,065,000
Median Price of New Listings $999,999
Per Square Foot $545
Average Days on Market 56
Median Days on Market 35
Price Decreased 31%
Price Increased 1%
Relisted 12%
Inventory 1,010
Median Rent
Market Action 50
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,280,000 3,400 4,500 - 6,500 sqft 4 3 69 38 40 35
$1,250,000 2,364 4,500 - 6,500 sqft 4 2.3 73 50 46 28
$889,000 1,910 4,500 - 6,500 sqft 3 2 71 59 47 21
$649,000 1,270 4,500 - 6,500 sqft 3 1.3 71 42 44 35