Snapshot: September 30, 2026 · Seattle and Bellevue, Washington
About 38% of eligible active residential listing records in both Seattle and Bellevue were asking less than their original list price in this snapshot. This shows how sellers have adjusted their asking prices; it does not measure what buyers ultimately paid.
Read the sample definitions and limitations38.3%
1,174 of 3,066 eligible listing records were below their original asking price.
*Among reduced listings only. Dollar and percentage medians are calculated separately.
Browse current Seattle homes for sale →38.0%
230 of 605 eligible listing records were below their original asking price.
*Among reduced listings only. Dollar and percentage medians are calculated separately.
Browse current Bellevue homes for sale →Bellevue condominium records show a larger reduced-price share than its Single Family Residence records in this snapshot. Seattle's two categories are closer. These are the feed's classifications; they do not separate every townhome from a detached house or a condominium.
| City / MLS category | Eligible | Reduced | Share | Median cut* |
|---|---|---|---|---|
| SeattleSingle Family Residence | 1,792 | 680 | 37.9% | 5.0% |
| SeattleCondominium | 1,271 | 492 | 38.7% | 5.8% |
| BellevueSingle Family Residence | 342 | 120 | 35.1% | 6.3% |
| BellevueCondominium | 263 | 110 | 41.8% | 6.1% |
*Median percentage reduction among reduced records in that category. Three Seattle manufactured-home records appear in the city total but not these category rows.
A price reduction is a reason to examine the property's pricing history and comparable sales. The original asking price may have been ambitious. Compare condition, location and current alternatives before treating a reduction as a bargain.
Use recent comparable sales and the competing homes buyers can choose today to set a launch price. This citywide snapshot helps frame the conversation; a property-specific review should account for your home's condition, location and sale timing.
Source and time. RexMont calculations from NWMLS data delivered through RealtyFeed, retrieved September 30, 2026 at approximately 5:49 p.m. Pacific. This is a fixed snapshot. The homes-for-sale pages continue to change as the live inventory changes.
Population. Records with City equal to Seattle or Bellevue, StandardStatus equal to Active and PropertyType equal to Residential; Boat Slip excluded. The feed returned 3,067 Seattle records and 605 Bellevue records. Counts and unique listing keys/MLS numbers were checked across all result pages. City follows the MLS field, not a mapped municipal boundary. Different listings for the same physical property may remain.
Calculation. A record is eligible when both current and original asking prices are positive numbers. One Seattle record lacked a usable price pair and was excluded; no Bellevue records were excluded. Reduced share = records with current price below original price ÷ eligible records. Each reduction = (original price − current price) ÷ original price. Medians use reduced records only.
Interpretation. This does not show the share reduced during September, how many times a price changed, concessions, negotiation outcomes, pending-sale speed or closed-sale discounts. Relisting can reset the original price. Listings that already sold or went pending are outside this active-inventory sample. One snapshot cannot establish a market trend or a cause.
Category scope. The table uses the MLS PropertySubType labels as received. Townhomes can appear within these categories. Manufactured homes are included in city totals. No category is described as detached-only.
Cite this report. “RexMont Real Estate, Seattle and Bellevue asking-price reduction snapshot, September 30, 2026.” Link to this page and keep the date and population definition with the figures. Citation policy · Corrections
