Seattle Sell my house
Sell your Madison Park home with a clearer local plan.
The median asking price in Seattle is $773K (Stats updated October 2026) and Washington excise tax on a sale at that price is $12,850. RexMont helps Seattle sellers price accurately, prep where it matters, launch with trust signals, and negotiate beyond the headline number.
Selling in Seattle — the numbers
Updated
What a Seattle sale costs in Washington
Washington’s excise tax is graduated by price tier and paid by the seller at closing; the table shows the schedule a Seattle sale falls under.
Sell fast or list
What a quick cash sale and a listed sale each net at the Seattle median asking price
Same home, same October 2026 median asking price of $775,000, same mortgage payoff. The cash columns run the instant-offer range RexMont models, 5% and 15% below that asking price, as-is, with no commission and no prep; Washington REET, title and the payoff are still due.
- List on the open market
- $775,000 sale price
- $436,000
- Estimated net · baseline
- Cash offer 5% below asking
- $735,000 offer
- $450,462
- Estimated net · +$14,462 vs listing
- Cash offer 15% below asking
- $660,000 offer
- $376,797
- Estimated net · −$59,203 vs listing
The $73,665 between the two cash columns is what a written offer settles; a program fee or a repair credit deducted after inspection moves it further. Bring any offer you already hold: the review costs nothing and you keep every option, including taking the cash.
Compare a written cash offer against a broker-tested listing priceA modelling range RexMont uses until a written offer exists, not a quote from any buyer; program fees are not modelled. For context, Research summaries have placed the total cost of instant-offer programs to sellers at roughly 13–15% of the home’s value.
Washington REET tiers for a Seattle sale
| Portion of sale price | State REET |
|---|---|
| Up to $525,000 | 1.10% |
| $525,001 to $1,525,000 | 1.28% |
| $1,525,001 to $3,025,000 | 2.75% |
| Above $3,025,000 | 3.00% |
| King County local REET — on the full price | 0.50% |
Each rate applies only to the slice of the price inside its tier; the seller pays at closing. Breakpoints move to $551,000, $1,551,000 and $3,051,000 for closings on or after January 1, 2027; rates unchanged.
State schedule (2023–2026 schedule) per the Washington Department of Revenue, verified October 2026. Local rate per DOR’s local REET rate table, rates effective May 2026.
Worked example at the Seattle median
- Sale price (city median, rounded)
- $775,000
- Commission (5% total)
- −$38,750
- Washington REET (state + local)$8,975 state (2023–2026 schedule) + $3,875 local
- −$12,850
- Title and escrow
- −$2,400
- Pre-listing prep
- −$15,000
- Mortgage payoff (example: 35% of price)
- −$270,000
- Estimated net proceeds
- $436,000
Selling costs of $69,000 (8.9% of price), computed with the same function as the calculator below, on the 2023–2026 schedule. An estimate for planning, not a quote; your payoff, prep and title fees replace the example values.
Run your own Seattle numbers belowFigures reviewed by Adriano Tori, Designated Broker and Owner, RexMont Real Estate · WA Lic. #27660 · market figures updated , REET schedule per the Washington Department of Revenue.
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Local strategy
Seattle decisions depend on the street, not only the city.
Selling in Madison Park means competing at the top of the Seattle market — buyers here compare this neighborhood to Mercer Island and Medina, and they expect impeccable presentation and accurate waterfront tier pricing. The winning strategy leads with the lake, the village, and the Arboretum, and prepares the home to meet those buyer expectations.
- Read recent comps, pending pressure, and active competition
- Prioritize prep work that can change buyer behavior
- Launch with positioning, review proof, photography, and negotiation strategy
Madison Park city hub
Start with Seattle, then narrow to the right neighborhood.
Use the city hub for the broader market, then compare the most active neighborhoods by property type, condition, commute, schools, lifestyle, and resale depth.
Open Seattle hub →Madison Park
Lakefront living, top-tier dining, and the closest Lake Washington beach to downtown.
View Madison Park homes →Madison Valley
Walkable East Seattle neighborhood between Madison Park and Capitol Hill.
View Madison Valley homes →Denny Blaine
Lakefront luxury pocket east of Madrona.
View Denny Blaine homes →Madrona
Walkable village vibes, Lake Washington views, and a tight-knit community feel.
View Madrona homes →Leschi
Lakefront residential neighborhood with a small business district.
View Leschi homes →Washington Park
Walkable East Seattle neighborhood near the Arboretum.
View Washington Park homes →
Active homes for sale in Seattle
The latest active NWMLS listings in Seattle, refreshed hourly.
Active30 days active · 30 cumulative$799,950
MLS# 25943856030 41st Avenue NE
Seattle, WA 98115
2 bd2.25 ba1,093 sqftListing courtesy of Windermere Real Estate Co.
ActiveNew today$665,000
MLS# 25948634434 28th Place W
Seattle, WA 98199
4 bd1.75 ba1,780 sqftListing courtesy of Windermere RE Magnolia
ActiveNew today$4,750,000
MLS# 2595687307 Queen Anne Avenue N
Seattle, WA 98109
0 bd0 ba13,545 sqftListing courtesy of Kidder Mathews
Early Access · First Look$889,999
MLS# 25951938738 Hamlet Avenue S
Seattle, WA 98118
3 bd1.75 ba1,730 sqftListing courtesy of PropertiesNW of Gig Harbor Ltd
ActiveNew today$2,199,000
MLS# 25953505057 SW Stevens Street
Seattle, WA 98116
5 bd3.5 ba3,820 sqftListing courtesy of Berkshire Hathaway HS NW
Active31 days active · 31 cumulative$799,000
MLS# 2595689270 Fulton Street
Seattle, WA 98109
2 bd1.75 ba1,087 sqftListing courtesy of Real Property Associates
Based on information submitted to the MLS GRID as of October 17, 2026 at 1:59 PM PT (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some IDX listings have been excluded from this website.
© 2026 Northwest Multiple Listing Service. All rights reserved. Listing information deemed reliable but not guaranteed.
Copyright concernsSelling in Madison Park: waterfront tiers at the top of the market
Madison Park prices in tiers that must not be blurred: true Lake Washington waterfront, near-lake and view properties, Broadmoor's gated golf community, and the village core each trade as separate markets with separate comps and separate buyer pools. At this end of the Seattle market, buyers are experienced and well-advised — they compare Madison Park against Mercer Island and Medina in the same search — and they respond to accurate tier pricing and impeccable presentation, not aspiration.
Top-of-market sales concentrate the excise tax conversation: Washington's graduated REET reaches 2.75 percent on the price portion between $1.525M and $3.025M and 3.00 percent above that, plus the 0.50 percent King County portion — six figures on many Madison Park sales, and a number that belongs in the net-proceeds model from day one, not at closing. Note that for closings on or after January 1, 2027 the state breakpoints step up to $551,000, $1,551,000, and $3,051,000 (rates unchanged) per the Department of Revenue.
Madison Park is also estate-sale territory — long-tenure owners, trust properties, heirs balancing a significant asset. The inherited-home page covers probate authority, the stepped-up basis, and personal-representative disclosure. I am Adriano Tori, RexMont's Designated Broker (WA Lic. #27660); RexMont runs estate and trust sales at this price point with the documentation discipline the asset deserves, including for out-of-state heirs.
Waterfront and near-lake homes carry their own diligence — shoreline structures, moorage, bulkhead condition where applicable — and the Form 17 under RCW 64.06 should be handled from assembled records. Start with the full cost stack on the cost-to-sell page.
Net-proceeds calculator
Estimate your net proceeds before you list.
Enter an estimated sale price for your Seattle home, mortgage payoff, and selling costs. Compare estimated proceeds after commission, Washington REET, and closing costs, then request an emailed copy of your calculation.
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
$519,135
after $80,865 in selling costs (8.5% 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.
FAQ
Madison Park seller questions
How is a Madison Park home priced?
By tier: true waterfront, near-lake and view, Broadmoor, and the village core are separate markets with separate comps and buyer pools. Blurring tiers is the costliest pricing error at this end of the market — buyers here are well-advised and price-test everything.
How much excise tax will I pay selling in Madison Park?
Washington REET is graduated: 2.75 percent applies to the price portion between $1.525M and $3.025M and 3.00 percent above that, plus 0.50 percent King County local on the full price — six figures on many Madison Park sales. For closings on or after January 1, 2027 the state breakpoints rise to $551,000, $1,551,000, and $3,051,000 (rates and the King County 0.50 percent unchanged) — confirm the schedule at dor.wa.gov for your closing date. Model it before you list, not at closing.
We are selling a Madison Park home from an estate. What is different?
Authority comes from the probate appointment or trust, the stepped-up basis usually limits taxable gain, and disclosure works differently for personal representatives. RexMont coordinates with the estate's attorney and CPA and can run the entire sale remotely for out-of-state heirs.
Does Broadmoor sell differently from the rest of Madison Park?
Yes — the gated golf community has its own comp set, buyer pool, and rhythm. Broadmoor homes should be priced against Broadmoor sales, with the club and gate context marketed to the buyers who specifically want it.
Start here
Tell us about the Seattle home you may sell.
Share the address, condition, timeline, and what outcome matters most. RexMont will help you decide the right sale strategy.