Your Local Market Report

Seattle, WA

Single-Family Homes

SeattlebyDesign Team, Realogics Sotheby's I.R.



Seattle, WA

Wed Mar 20 2019
This week the median list price for Seattle, WA is $732,000 with the market action index hovering around 46. This is an increase over last month's market action index of 45. Inventory has held steady at or around 1006. Click here to stay informed with the Seattle market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Seattle, WA

Wed Mar 20 2019
This week the median list price for Seattle, WA is $732,000 with the market action index hovering around 46. This is an increase over last month's market action index of 45. Inventory has held steady at or around 1006. Click here to stay informed with the Seattle market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Seattle market.
Median List Price $732,000
Per Square Foot $435
Days on Market 62
Price Decreased 31%
Price Increased 2%
Relisted 11%
Inventory 1006
Median House Rent $2,400
Most Expensive $12,850,000
Least Expensive $125,000
Market Action Index
Strong Seller's Market
46

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

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
$1,599,950 3,200 4,500 - 6,500 sqft 4 3 50 45 35 90
$840,000 1,850 0 - 4,500 sqft 3 2 17 68 65 47
$652,000 1,597 0 - 4,500 sqft 3 2 14 57 47 54
$487,000 1,380 4,500 - 6,500 sqft 3 1 59 71 55 56