Snapshot: October 7, 2026 · Seattle and Bellevue, Washington
Responsible editor: Adriano Tori, Founder & Designated Broker, WA Lic. #27660
40.8% of eligible active residential listing records in Seattle and 37.0% in 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 limitations40.8%
1,118 of 2,743 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 →37.0%
202 of 546 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 →The table compares reduced-price shares for the MLS property-subtype categories in each city. 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 | 1,541 | 637 | 41.3% | 4.8% |
| SeattleCondominium | 1,199 | 479 | 39.9% | 5.7% |
| BellevueSingle Family Residence | 304 | 100 | 32.9% | 5.4% |
| BellevueCondominium | 242 | 102 | 42.1% | 6.1% |
*Median percentage reduction among reduced records in that category. 3 Seattle listing 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 the MLS Grid data feed, retrieved October 7, 2026 at 9:06 PM PT. 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 2,744 Seattle records and 546 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. 1 Seattle record lacked a usable price pair and was excluded. No Bellevue records were excluded for lacking a usable price pair. 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 the snapshot month, 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, October 7, 2026.” Link to this page and keep the date and population definition with the figures. Citation policy · Corrections
