Carrington Durr Group | Real Estate Market Report

Seattle, WA 98115

Single-Family Homes

John L Scott Real Estate | 206-650-0415 | vand@johnlscott.com



Seattle, WA 98115

Sun Feb 09 2025
This week the median list price for Seattle, WA 98115 is $1,299,000 with the market action index hovering around 59. This is an increase over last month's market action index of 57. Inventory has increased to 27. 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

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 98115

Sun Feb 09 2025
This week the median list price for Seattle, WA 98115 is $1,299,000 with the market action index hovering around 59. This is an increase over last month's market action index of 57. Inventory has increased to 27. 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

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 $1,299,000
Median Price of New Listings $1,274,500
Per Square Foot $644
Average Days on Market 68
Median Days on Market 49
Price Decreased 33%
Price Increased 0%
Relisted 4%
Inventory 27
Median Rent
Market Action 59
Strong Seller's Market

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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
$2,870,000 3,450 - 4 4 1 2 1 66
$1,495,000 2,980 - 4 3 28 2 1 77
$1,160,000 1,940 4,500 - 6,500 sqft 4 2 88 5 3 0
$839,000 1,016 6,500 - 8,000 sqft 2 2 76 1 3 91