Team Luxe Real Estate | Market Insights

Steilacoom, WA

Single-Family Homes

206-672-5724 | https://teamluxere.com/



Steilacoom, WA

Tue Nov 18 2025
This week the median list price for Steilacoom, WA is $647,497 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has decreased to 16. Click here to stay informed with the Steilacoom market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Steilacoom, WA

Tue Nov 18 2025
This week the median list price for Steilacoom, WA is $647,497 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has decreased to 16. Click here to stay informed with the Steilacoom market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Steilacoom market.
Median List Price $647,497
Median Price of New Listings $440,000
Per Square Foot $361
Average Days on Market 124
Median Days on Market 84
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 16
Median Rent
Market Action 34
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,474,500 3,619 8,000 - 10,000 sqft 4 3.3 9 0 1 182
$881,500 2,440 8,000 - 10,000 sqft 3 1.3 128 0 0 91
$572,000 1,994 0.25 - 0.5 acre 3 1.3 51 0 1 94
$459,975 1,217 8,000 - 10,000 sqft 2 1.5 51 1 0 45