Your Local Market Report

Seattle, WA

Single-Family Homes

SeattlebyDesign Team, Realogics Sotheby's I.R.



Seattle, WA

Mon Nov 30 2020
This week the median list price for Seattle, WA is $799,000 with the market action index hovering around 61. This is less than last month's market action index of 62. Inventory has held steady at or around 970. 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

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

Mon Nov 30 2020
This week the median list price for Seattle, WA is $799,000 with the market action index hovering around 61. This is less than last month's market action index of 62. Inventory has held steady at or around 970. 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

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 $799,000
Per Square Foot $477
Days on Market 61
Price Decreased 40%
Price Increased 2%
Relisted 4%
Inventory 970
Median Rent $2,250
Most Expensive $14,700,000
Least Expensive $120,000
Market Action 61
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate 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
$1,885,000 3,475 4,500 - 6,500 sqft 4 3 60 29 45 80
$923,700 2,000 0 - 4,500 sqft 3 2 34 37 56 53
$699,950 1,510 0 - 4,500 sqft 3 2 12 44 70 58
$529,000 1,330 0 - 4,500 sqft 3 1 49 52 64 52