Your Local Market Report

Seattle, WA

Single-Family Homes

SeattlebyDesign Team, Realogics Sotheby's I.R.



Seattle, WA

Tue May 11 2021
This week the median list price for Seattle, WA is $866,000 with the market action index hovering around 95. This is an increase over last month's market action index of 90. Inventory has increased to 637. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Seattle, WA

Tue May 11 2021
This week the median list price for Seattle, WA is $866,000 with the market action index hovering around 95. This is an increase over last month's market action index of 90. Inventory has increased to 637. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Seattle market.
Median List Price $866,000
Median Price of New Listings $824,975
Per Square Foot $503
Average Days on Market 45
Median Days on Market 7
Price Decreased 17%
Price Increased 3%
Relisted 6%
Inventory 637
Median Rent $1,622
Market Action 95
Strong Seller's Market

The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.

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
$1,825,000 3,380 4,500 - 6,500 sqft 4 3 73 47 44 14
$998,000 2,050 0 - 4,500 sqft 3 2 68 78 60 7
$769,950 1,590 0 - 4,500 sqft 3 1 39 72 62 7
$596,500 1,230 0 - 4,500 sqft 3 1 54 83 82 7