VWP Real Estate

Seattle, WA 98117

Single-Family Homes

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Seattle, WA 98117

Sat Oct 10 2026
This week the median list price for Seattle, WA 98117 is $995,000 with the market action index hovering around 46. This is about the same as last month's market action index of 46. Inventory has increased to 53. 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

Market Narrative

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 98117

Sat Oct 10 2026
This week the median list price for Seattle, WA 98117 is $995,000 with the market action index hovering around 46. This is about the same as last month's market action index of 46. Inventory has increased to 53. 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

Market Narrative

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 $995,000
Median Price of New Listings $972,500
Per Square Foot $560
Average Days on Market 67
Median Days on Market 28
Price Decreased 36%
Price Increased 2%
Relisted 19%
Inventory 53
Median Rent
Market Action 46
Strong Seller's Market

We continue to see prices in this zip code at a plateau even though prices dipped this week. Look for a persistent change in the Market Action Index (up or down) before we see prices significantly 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
$1,687,500 2,825 4,500 - 6,500 sqft 4 3.3 60 1 4 45
$1,170,000 2,120 0 - 4,500 sqft 4 2.5 86 4 3 14
$949,900 1,710 4,500 - 6,500 sqft 3 2 84 2 1 63
$689,990 960 0 - 4,500 sqft 2 1 85 3 0 35