Your Local Market Report

Seattle, WA

Single-Family Homes

SeattlebyDesign Team, Realogics Sotheby's I.R.



Seattle, WA

Fri Jul 10 2020
This week the median list price for Seattle, WA is $799,950 with the market action index hovering around 58. This is about the same as last month's market action index of 58. Inventory has held steady at or around 967. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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

Fri Jul 10 2020
This week the median list price for Seattle, WA is $799,950 with the market action index hovering around 58. This is about the same as last month's market action index of 58. Inventory has held steady at or around 967. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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 $799,950
Per Square Foot $456
Days on Market 54
Price Decreased 31%
Price Increased 2%
Relisted 4%
Inventory 967
Median Rent $2,050
Most Expensive $15,700,000
Least Expensive $175,000
Market Action 58
Strong Seller's Market

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
$1,815,000 3,450 4,500 - 6,500 sqft 4 3 42 50 44 80
$935,000 2,128 0 - 4,500 sqft 3 2 68 90 73 47
$699,000 1,620 0 - 4,500 sqft 3 2 26 72 64 42
$544,212 1,400 4,500 - 6,500 sqft 3 1 53 73 71 43