Altos Market Data for Realtors

Seattle, WA

Single-Family Homes

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Seattle, WA

Wed May 27 2020
This week the median list price for Seattle, WA is $798,000 with the market action index hovering around 61. This is less than last month's market action index of 63. Inventory has held steady at or around 888. 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 started cooling and prices have recently plateaued. Since 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

Wed May 27 2020
This week the median list price for Seattle, WA is $798,000 with the market action index hovering around 61. This is less than last month's market action index of 63. Inventory has held steady at or around 888. 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 started cooling and prices have recently plateaued. Since 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 $798,000
Per Square Foot $450
Days on Market 60
Price Decreased 31%
Price Increased 2%
Relisted 4%
Inventory 888
Median Rent $2,750
Most Expensive $15,700,000
Least Expensive $60,000
Market Action 61
Strong Seller's Market

The market seems to have paused around this plateau. 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
$1,727,000 3,390 4,500 - 6,500 sqft 4 3 60 39 27 91
$925,000 2,200 4,500 - 6,500 sqft 3 2 68 50 55 52
$697,475 1,650 0 - 4,500 sqft 3 2 23 43 52 47
$514,995 1,420 4,500 - 6,500 sqft 3 1 63 68 70 49