Seattle Real Estate News

Seattle’s housing market isn’t the pandemic frenzy of 2020–2021, but it’s far from slow. Detached single-family homes remain in strong demand, and sellers who price strategically are still seeing multiple offers. Overpricing, however, can leave a property sitting while better-positioned homes move quickly.

The Current Market Snapshot

• Seattle median single-family price: $1,000,000 (up 7.5% year over year).
• King County: $990,000 (up 3.7%).
• Snohomish County: $790,000 (up 1.3%).
• Pierce County: $587,000 (up 1.2%).
• Kitsap County: $599,900 (up 6.6%).
• King County condos (median): $549,000 (up 5%; Eastside condos up nearly 17%).

Inventory & leverage: Active listings in August were higher than last year (King County up 31%; Snohomish up 50%), giving buyers more options and negotiating power.

Why Pricing Strategy Matters

• Well-priced, well-marketed homes are going pending in ~23 days on median.
• Overpriced homes are lingering with a median “active” age of ~48 days.
• Price to the market—not to sentiment. Buyers evaluate features, condition, and value; they can’t price in a seller’s memories.

Detached Homes vs. Condos

• Single-family homes: Scarcer and still competitive; multiple offers are common when priced right.
• Condos & townhomes: Moving more slowly, with buyers gaining leverage amid higher HOA costs and affordability trade-offs.

Bottom Line

Seattle remains a hot market—just not overheated. For sellers, pricing is everything: list too high and risk stagnation; list strategically and you can still attract multiple offers.

Thinking of Selling in Seattle?

If you’re considering selling in King, Snohomish, Pierce, or Kitsap Counties, I can walk you through market conditions, pricing strategy, and buyer financing trends that affect your timeline and net proceeds.

Schedule a consultation