Altos Market Data for Realtors

Seattle, WA

Single-Family Homes

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Seattle, WA

Tue Aug 09 2022
This week the median list price for Seattle, WA is $969,950 with the market action index hovering around 67. This is less than last month's market action index of 77. Inventory has increased to 904. 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

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

Tue Aug 09 2022
This week the median list price for Seattle, WA is $969,950 with the market action index hovering around 67. This is less than last month's market action index of 77. Inventory has increased to 904. 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

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 $969,950
Median Price of New Listings $965,000
Per Square Foot $514
Average Days on Market 37
Median Days on Market 21
Price Decreased 43%
Price Increased 2%
Relisted 12%
Inventory 904
Median Rent
Market Action 67
Strong Seller's Market

The market appears to be 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
$2,100,000 3,250 4,500 - 6,500 sqft 4 3.3 72 38 27 31
$1,195,000 2,362 4,500 - 6,500 sqft 4 2.3 73 46 50 21
$849,850 2,025 4,500 - 6,500 sqft 3 2 69 42 47 21
$618,250 1,355 6,500 - 8,000 sqft 3 1.5 72 43 46 21