Seattle Real Estate Market
Seattle Housing Market Report
Seattle's real estate market is driven by tech-sector employment, constrained supply, and neighborhood-by-neighborhood demand patterns that can vary dramatically within miles. Understanding the micro-market — not just the city-wide median — is how RexMont helps clients buy smarter and sell for more.
Page author
Adriano Tori
Designated Broker, Founder & CEO — RexMont Real Estate · WA Lic. #27660
Adriano leads RexMont Real Estate — the most-reviewed real estate brokerage in Seattle and the Eastside. 1,200+ closed transactions, $1B+ in production, and 1,243 five-star Google reviews.
As of October 2026, the median listing price in Seattle is $773K ($555 per square foot), and homes are averaging 40 days on market.
Stats updated October 2026· refreshed monthly and reviewed by RexMont's brokerage team.
By property type
The headline figures above blend every active residential listing in Seattle. Single-family, condo, and townhouse markets move differently, so the breakdown below is what to quote when comparing one property type across cities.
| Property type | Median list price | Price / sq ft | Days on market | Active listings |
|---|---|---|---|---|
| Single-family | $979K | $540 | 23 | 518 |
| Condo | $534K | $606 | 55 | 385 |
| Townhouse | $773K | $544 | 49 | 233 |
Active listings is the sample size behind each row. Same source and refresh date as the headline figures.
Methodology & data sources
Market statistics on this page — median listing price, price per square foot, and days on market — are computed from active residential listings in Seattle, WA, sourced from RentCast, a licensed real-estate data provider aggregating MLS records and county public records. Figures refresh the first week of every month (current data: October 2026) and are reviewed by RexMont Real Estate's brokerage team (WA firm license #21220). Individual property listings shown on this page come from the live NWMLS feed. Historical figures are not restated after publication.
Journalists: monthly figures for 47 Puget Sound cities are available on a citable, dated page for each market. For custom cuts, methodology questions, or to receive the monthly refresh, contact adriano@rexmont.com. Please attribute "RexMont Real Estate market report" with a link to this page.
Thinking of selling in Seattle?
Is it a good time to sell in Seattle? The numbers above are the market. Your number is your home.
RexMont builds a Seattle comparable analysis from closed sales in your neighborhood, not the citywide median, and shows the net after commission, Washington excise tax and closing costs before you decide anything. 1,243 Google five-star reviews; an agent calls back within minutes.
Market context
What's driving the Seattle market right now.
Seattle's housing market is shaped by three persistent forces: tech-sector employment anchored by Amazon, Microsoft, and dozens of mid-size employers; a geography that physically limits developable land between Puget Sound and Lake Washington; and an in-migration pattern that sustains demand even when rate environments tighten.
North Seattle neighborhoods — Ravenna, Wedgwood, View Ridge, and Laurelhurst — continue to hold strong due to school quality and park access. Capitol Hill and First Hill attract buyers priced out of the single-family market who accept the condo trade-off for walkability. South Seattle is the most active appreciation story: Columbia City, Beacon Hill, and Rainier Beach are repricing as buyers follow the light rail line south.
Inventory remains the dominant constraint. Seattle's zoning and permitting process is slow relative to demand, which means new listings are absorbed quickly in most price bands. Homes priced correctly and well-presented typically go under contract within two weeks. Overpriced or poorly prepared homes sit — and the price reduction signal hurts negotiating position.
RexMont tracks days on market, list-to-sale ratios, and offer patterns at the neighborhood level — not just the city aggregate. This granular view is what separates accurate pricing from guesswork.
City market reports
Seattle, area by area — updated monthly.
As of October 2026, median listing prices across Seattle neighborhoods range from $750K (North Seattle) to $1.03M (University District).
Stats updated October 2026· refreshed monthly and reviewed by RexMont's brokerage team.
Capitol Hill
$860K
Median listing price
- $/sqft
- $605
- Days on mkt
- 48
Seattle's walkability capital — condos, townhomes, and classic homes with light-rail access at the center of the city.
Explore Capitol Hill real estate →
Magnolia
$1M
Median listing price
- $/sqft
- $555
- Days on mkt
- 23
Sound and mountain views from one of Seattle's quietest established single-family neighborhoods.
Explore Magnolia real estate →
North Seattle
$750K
Median listing price
- $/sqft
- $472
- Days on mkt
- 35
Ravenna to Northgate — school-driven family demand and the strongest value along the Link light-rail corridor north.
Explore North Seattle real estate →
University District
$1.03M
Median listing price
- $/sqft
- $585
- Days on mkt
- 35
UW's front yard — investor demand, condos, and classic homes with two light-rail stations.
Explore the U District market →
Coverage
Service area at a glance
RexMont represents buyers and sellers across these Seattle and Eastside markets. Click any city for the full local guide.
Bellevue, WA
ZIPs: 98004 · 98005 · 98006 · 98007 · 98008
Schools: Bellevue SD
Medina, WA
ZIP: 98039
Schools: Bellevue SD
Clyde Hill, WA
ZIP: 98004
Schools: Bellevue SD
Mercer Island, WA
ZIP: 98040
Schools: Mercer Island SD
Kirkland, WA
ZIPs: 98033 · 98034
Schools: Lake Washington SD
Redmond, WA
ZIPs: 98052 · 98053
Schools: Lake Washington SD
Sammamish, WA
ZIPs: 98074 · 98075
Schools: Lake Washington / Issaquah SD
Issaquah, WA
ZIPs: 98027 · 98029
Schools: Issaquah SD
Newcastle, WA
ZIPs: 98056 · 98059
Schools: Renton SD
Woodinville, WA
ZIPs: 98072 · 98077
Schools: Northshore SD
Kenmore, WA
ZIP: 98028
Schools: Northshore SD
Seattle, WA
ZIPs: 98101 · 98109 · 98112 · 98115 · 98118
Schools: Seattle Public Schools
Buying in Seattle
Seattle buyers compete hardest in the $700K–$1.2M range, where tech-worker demand is densest. Pre-approval, local comp knowledge, and a fast offer timeline are the three factors that determine whether you win. RexMont has guided 1,200+ buyer transactions — we know how to get clients into contract without overpaying.
Talk to a Seattle buyer's agentSelling in Seattle
Seattle sellers leave money on the table when they underprice to generate a bidding war or overprice and sit. Precise pricing, professional presentation, and timing the launch to Thursday/Friday maximize buyer attention and multiple-offer scenarios. RexMont's 5-Star Listing Edge is built for this market.
What is my Seattle home worth?Net-proceeds calculator
See exactly what you’ll net before you list.
Plug in your Seattle home’s value, mortgage payoff, and a few details — we’ll show your real net proceeds after commission, Washington REET, and closing costs, and email you the full sheet.
Your target list/sale price — or get an agent-prepared estimate.
Enter the combined brokerage compensation you expect to pay. Fees are negotiated; this editable example is not a quoted rate.
Remaining principal from your latest statement.
Paint, staging, cleaning, photography, minor repairs.
Use a quote from your title and escrow providers.
Washington's state excise-tax breakpoints step up for sales closing on or after January 1, 2027 (rates unchanged). The calculator applies the schedule in force on this date.
Using the 2023–2026 schedule: 1.10% to $525K, 1.28% to $1.525M, 2.75% to $3.025M, 3.00% above, plus 0.50% King County.
Estimated net proceeds
$919,838
after $130,163 in selling costs (7.9% of price) and mortgage payoff
Estimates for educational purposes only. Not financial, tax, legal, or investment advice. Actual REET, commission, escrow, and payoff figures vary by transaction and closing date. King County REET shown is the state graduated tax plus the 0.50% local portion; the state breakpoints step up for closings on or after January 1, 2027. Verify current rates with WA DOR and your CPA before acting.
Live NWMLS data
Active homes for sale in Seattle
The latest active NWMLS listings in Seattle, refreshed hourly.
- Median price
- $773K
- Median $/sqft
- $555
- Avg days on market
- 40
- Listings for sale
- 326+
ActiveNew today · 232 cumulative$689,000
MLS# 25907751556 S Pearl Street #b
Seattle, WA 98108
3 bd2.25 ba1,141 sqftListing courtesy of Windermere R E Mount Baker
ActiveNew today$659,000
MLS# 25890999513 Ashworth Avenue N #a
Seattle, WA 98103
3 bd3.25 ba1,410 sqftListing courtesy of Windermere Real Estate Co.
ActiveNew today · 166 cumulative$379,000
MLS# 25907175101 Ne 55th Street #103
Seattle, WA 98105
2 bd1 ba977 sqftListing courtesy of Pointe3 Real Estate
ActiveNew today$1,069,000
MLS# 2590635326 Ne 50th Street
Seattle, WA 98105
0 bd0 ba2,500 sqftListing courtesy of Windermere Real Estate GH LLC
ActiveNew today · 183 cumulative$765,000
MLS# 25907791556 S Pearl Street #c
Seattle, WA 98108
3 bd2.25 ba1,572 sqftListing courtesy of Windermere R E Mount Baker
ActiveNew today$580,000
MLS# 25895861835 24th Ave #b
Seattle, WA 98122
2 bd1.5 ba893 sqftListing courtesy of Windermere Real Estate Midtown
Showing the 6 newest of 326 active homes for sale in Seattle, pulled directly from NWMLS and refreshed hourly. See all 326 Seattle homes for sale, each with photos, price history, and a per-listing mortgage estimate.
Listing data courtesy of NWMLS. Provided for the consumer's personal, non-commercial use. Market stats reflect representative market data for Seattle; current listings and individual neighborhoods may vary.
Search all Seattle listings →Related markets
Explore Seattle neighborhood markets.
Capitol Hill
Seattle's walkability capital — condos, townhomes, and classic homes for buyers who want urban density with neighborhood character.
Queen Anne
City and Sound views from one of Seattle's most established single-family neighborhoods, with strong school access.
Ballard
Craft beer, Scandinavian roots, and strong craftsman inventory — Ballard draws buyers from across the metro.
Columbia City
South Seattle's highest-appreciation neighborhood — light rail access and diverse housing stock at values below North Seattle.
Seattle High-Rise Condo Market
Downtown, Belltown, and South Lake Union towers — the condo market's own report, tower by tower.
Eastside Markets
Bellevue, Kirkland, Redmond, and Mercer Island — the Eastside market overview for buyers and sellers crossing Lake Washington.
Bellevue Market
Bellevue's tech-driven premium market — from West Bellevue estates to East Bellevue family neighborhoods.
Work With a Seattle Real Estate Agent
Neighborhood-by-neighborhood pricing, offer strategy, and listing launch from RexMont's designated broker team.
Seattle Floating Homes & Houseboats
Lake Union, Portage Bay, Eastlake, and Westlake — live floating-home listings and buyer guidance.
Seattle Vacant Land & Lots
Buildable lots and infill opportunities across Seattle, with zoning and feasibility guidance.
Browse Seattle by home type
- Seattle condos for sale →Live condo inventory, downtown tower pages, HOA and resale-certificate guidance.
- New construction homes in Seattle, WA →Townhomes, infill homes and new condo buildings from the NWMLS feed.
- Seattle townhomes for sale →Seattle's most-built housing type of the last decade.
- Seattle luxury homes for sale →View, waterfront and estate properties across the city.
FAQ
Questions buyers and sellers ask first.
Is the Seattle housing market a buyer's or seller's market?
Seattle has historically favored sellers in desirable neighborhoods due to constrained inventory and persistent tech-sector demand. Conditions vary by price band and neighborhood — pockets of buyer leverage open when inventory rises or when listings sit. RexMont tracks these micro-market shifts in real time.
What is the median home price in Seattle?
Seattle median home prices vary significantly by neighborhood — from the upper $600Ks in some South Seattle areas to $2M+ in Laurelhurst, Madison Park, and Capitol Hill's best blocks. City-wide median typically runs between $800K and $950K depending on the quarter.
How long do Seattle homes typically sit on market?
Well-priced Seattle homes in desirable neighborhoods often go under contract within 7–14 days, with multiple offers common in the sub-$1.2M range. Luxury properties and homes with condition issues can sit 30–60+ days. Days on market is the fastest signal of how a neighborhood is tracking.
Which Seattle neighborhoods are appreciating fastest?
South Seattle neighborhoods — Columbia City, Rainier Beach, Georgetown, and Beacon Hill — have shown strong appreciation as buyers price-sensitive relative to North Seattle seek value within city limits. Light rail access has driven consistent demand along the Link corridor.
How current is the market data on this page?
The area-by-area stats on this page refresh monthly from regional market data and are reviewed by RexMont's brokerage team. Commentary is updated as conditions change — Seattle moves neighborhood by neighborhood, so we track it that way.
How does RexMont represent Seattle buyers and sellers?
RexMont agents specialize in Seattle's neighborhood-by-neighborhood market dynamics — from Capitol Hill and Queen Anne to Rainier Beach and Seward Park. With 1,243 Google 5-star reviews and $1B+ in closed production, our team knows how to win in this market.
Seattle's market rewards preparation.
Whether you're buying or selling in Seattle, the difference between a good outcome and a great one comes down to local expertise, precise pricing, and execution. RexMont has 1,243 Google 5-star reviews because we deliver both.
Talk to a Seattle real estate agent