Real Estate Market Report

Seattle, WA 98115

Single-Family Homes

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



Seattle, WA 98115

Mon Jun 30 2025
This week the median list price for Seattle, WA 98115 is $1,250,000 with the market action index hovering around 63. This is less than last month's market action index of 67. Inventory has held steady at or around 59. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 98115

Mon Jun 30 2025
This week the median list price for Seattle, WA 98115 is $1,250,000 with the market action index hovering around 63. This is less than last month's market action index of 67. Inventory has held steady at or around 59. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $1,250,000
Median Price of New Listings $1,187,475
Per Square Foot $646
Average Days on Market 50
Median Days on Market 21
Price Decreased 31%
Price Increased 0%
Relisted 14%
Inventory 59
Median Rent
Market Action 63
Strong Seller's Market

Recently prices in this zip have settled at a plateau even though they dipped this week. Look for a persistent up-shift in the Market Action Index before we see prices significantly 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
$2,098,000 3,280 4,500 - 6,500 sqft 5 4 26 4 2 28
$1,475,000 2,250 4,500 - 6,500 sqft 4 3 72 2 4 28
$1,100,000 1,960 4,500 - 6,500 sqft 3 2 83 5 6 14
$747,475 1,060 0 - 4,500 sqft 3 2 80 3 1 35