Your Local Market Report

Seattle, WA

Single-Family Homes

SeattlebyDesign Team, Realogics Sotheby's I.R.



Seattle, WA

Tue May 21 2019
This week the median list price for Seattle, WA is $749,950 with the market action index hovering around 53. This is about the same as last month's market action index of 53. Inventory has held steady at or around 1380. 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

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 21 2019
This week the median list price for Seattle, WA is $749,950 with the market action index hovering around 53. This is about the same as last month's market action index of 53. Inventory has held steady at or around 1380. 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

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 $749,950
Per Square Foot $441
Days on Market 51
Price Decreased 34%
Price Increased 2%
Relisted 9%
Inventory 1380
Median House Rent $2,150
Most Expensive $15,000,000
Least Expensive $99,950
Market Action Index
Strong Seller's Market
53

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
$1,750,000 3,320 4,500 - 6,500 sqft 4 3 63 74 56 69
$860,000 2,000 0 - 4,500 sqft 3 2 39 87 73 40
$674,950 1,580 0 - 4,500 sqft 3 2 21 73 56 44
$498,000 1,361 4,500 - 6,500 sqft 3 1 52 88 84 52