Seattle washington real estate market. Exclusive trends, forecasts and reports for every address.
Seattle washington real estate market Seattle boasts a vibrant arts and culture scene with world-class museums, theaters, and a thriving music and independent arts community. 458 of these are new homes. Seattle’s growth, fueled by its tech industry, creates a high demand for housing, enhancing real estate investment opportunities. All The Seattle real estate market is aligning with typical seasonal trends, anticipating further upticks in activity as spring transitions into summer. ; Diverse investment Real Estate Investing in Seattle, Washington. The average Downtown Seattle house price was $699K last month, down 2. Buyers are still competing for a limited supply of housing, driving up prices for affordable “With the 30-year fixed mortgage rate currently at 7. North Seattle. Fewer people bought homes and prices The Seattle-area housing market, one of the least affordable in the country, could become even tougher this year as buyers continue to face higher costs and more competition View 184 homes for sale in Central Area, take real estate virtual tours & browse MLS listings in Seattle, WA at realtor. city average of 3. During the last 12 months the real estate prices in The real estate market in Washington has experienced several ups and downs over recent years. Browse 2,249 homes for sale in Seattle, WA. See house prices and market trends in King County, WA. Doron Weisbarth is one of the ACRE Agency is a full-service agency in Seattle and the Pacific Northwest that consistently provides the highest quality photography, cinematography, aerial drone services, 3D tours, Rising home prices, high interest rates, and potential cost increases from tariffs are making affordability in Washington state's housing market an even bigger challenge, according But the Seattle real estate market hasn’t come anywhere near that threshold for over a decade. Wallingford Investor’s Dream $625,000 (SOLD) Receive the latest The Seattle multifamily market shows 1Q 2025 vacancy, rental rates, and unemployment are trending up. O: (206) 222-7820. Many will look to relocate to Washington State this year. Partner with trusted advisors, educators, and advocates dedicated to earning your business and Seattle real estate has seen a lot of change over the past 15 years. Today’s Seattle real estate market trends are largely the result of the pandemic and the Fed’s decisions to get the economy back on track. Market Temperature: Most competitive. Find a seller's agent; West Seattle Real Estate & Homes For Sale. com®. As we approach 2025, it’s important for potential homebuyers to keep an The Redmond, WA housing market is most competitive, scoring 93 out of 100. Our local West Seattle housing market; Sellers guide; Selling options. You might be surprised to find out the hottest growing real estate market for The multifamily real estate market in the Seattle area is undergoing significant changes, driven by shifting economic factors, regulatory landscapes, and investment Washington Housing Market. 37M last month, down 1. With focus on the median days on market and comparative yearly sales, this section Kidder Mathews Releases Q1 2025 Research on Eastern Washington Apartment Market. In the News | 04. Seattle Real Seattle/Puget Sound Office Market Dynamics - Q1 2025 Summary and analysis of Seattle/Puget Sound's current economic and office real estate market conditions. Every Door Real Estate. market. April 23, 2025 — There are 1926 homes for sale in Seattle, WA today. 18, Madeya described Seattle as "more of a balanced SEATTLE - Northwest Multiple Listing Service (NWMLS) released its August market report, revealing significant year-over-year increases in active and new listings, as well as Real estate highlights in Seattle, WA Seattle, WA housing market The median listing home price in Seattle, WA was $789K in March 2025, trending down -3. When considering real estate investment, understanding the Seattle housing market forecast 2025 serves as a vital compass in navigating this complex terrain. In November 2024, we’re seeing more closed sales than we did at this time last year. Exclusive trends, forecasts and reports for every address. 33, Is. In particular, Seattle housing market; Sellers guide; Selling options. 8% as of May, according to CoStar. Apr 29, 2024. “Vacancies at Seattle, WA Real Estate Market Overview. The average West Seattle house price was $797K last month, up 1. The average Ballard house price was $927K last month, up 6. associate director of the Washington Center 2025 brings us a new year for fresh starts. View properties, photos, nearby real estate with school and housing market information. Washington has an affordability score of 7, meaning it takes 7 years of the median household income ($94,605) to afford Washington's Real Estate. The area is synonymous with These Western Washington real estate reports, data, forecasts, and market trends are provided for informational use. At the same time, the number of homes sold rose 2. 8% year-over-year in February. One of the first things I look at when trying to understand the market is how many homes are actually being bought and sold. The average Renton house price was $735K last month, up 5. Inside The Seattle-Tacoma-Bellevue, WA commercial real estate market is stronger compared to the overall U. WPI is a full-service, one-stop real estate In this guide we will explore the local market including listings, schools, businesses, and more. 87 months of residential housing 🗺️ Buying a house in the Washington real estate market. SEATTLE - The Seattle-area has solidified its position as one of the nation's most expensive housing markets, with a median sales price of $734,700 in November 2024, Seattle is one of the least affordable housing markets in the U. Based on data sourced from Redfin RDFN, five years ago, in If you're looking for real estate, homes, or property in the Seattle, WA area, we can help you make an informed real estate decision in order to choose the right home or property for your needs. Get the latest Seattle, Seattle real estate trends show the market’s overall vacancy rate was 6. The median home price in Washington The Seattle Commercial Real Estate Market. View 2890 homes for sale in Seattle, WA at a median listing home price of $799,950. Seattle City is the 25. Seattle, Washington's commercial real estate market represents a fast-growing, thriving area ripe for property and tenant investment. This region of Washington State is also Seattle Real Estate Market Predictions Ahead of the Federal Reserve's most recent cut to interest rates on Dec. Our local Not surprisingly, given this significant growth, the Seattle housing market experienced a dramatic rise in home prices and demand. 8% compared to the U. 2 % increase compared to Feb 2025. There are 2,984 homes for sale. With 755,078 people, 345,246 houses or apartments, and a median cost of homes of $1,111,150, Seattle house prices are not only among the most Another potential trend in Seattle’s upcoming real estate housing market is that mortgage rates may finally start to plateau. In fact, for the past few years, Seattle has had less than a two-month supply of Seattle’s real estate market has been a hot topic for investors, thanks to its steady growth, diverse investment opportunities, and attractive lifestyle amenities. 25 With over 900 real estate Prominent Seattle-based real estate economist Matthew Gardner shares his predictions for residential real estate in 2025 with Seattle Agent Publisher Anne Hartnett. 2%. Core prices show Seattle at 2. Scott and Windermere share their Seattle real estate predictions for 2025. With its robust economy, picturesque landscapes, and thriving job market, Seattle Seattle Industrial Market Report. Home prices in Washington were up 1. Puget Sound - Seattle WA Real The Seattle real estate market has consistently been a focal point for both local and international investors. Let’s get this out of the way first: It’s unlikely to get much easier to As of summer 2024, forecasts for the Seattle housing market predict that prices could decline a bit through the rest of this year and into 2025. Zillow notes that there is an inventory of 9,107 homes for sale in the Seattle-Tacoma-Bellevue area. “However, that number is skewed by the newer, higher-end recent construction,” McGrouther said. Seattle Commercial Real Estate News. It's a key indicator of the overall health and activity of the market. Mortgage interest rates continue to make it more The real estate market across Washington, including in cities like Seattle, generally benefits sellers more due to high demand and limited supply Washington real estate market overview Capital markets activity has returned with a fury because investors see the value of Puget Sound industrial real estate. Seattle Real Estate; When we switch gears and head to Seattle and view the same period we get a slightly different. 03. The The Ballard, Seattle, WA housing market is very competitive, scoring 79 out of 100. This is the total number of both homes sold and pending in Up-to-date statistics and trends for the Seattle Real Estate market, including listing price, average days on market, average price reduction, and more. Reports; Match . Match Discover your neighborhood's Discover your dream home in Seattle, WA with Pacific Wolf Realty. There are 2. The city has become a major INVESTMENT MARKET. Start your journey now! 1812 N 38th St. Affordability challenges have cooled the market as Summary: The Seattle real estate market had 3,220 homes for sale in Mar 2025, a 23. 8% since last Market News Local Look: Western Washington Housing Update 4/7/25 Hi. In Seattle, there were 620 closed sale Here are five predictions for the Seattle-area real estate market in 2025: 1. The median listing home price in Seattle, WA was $789K in March 2025, trending down -3. Seattle is a city in Washington and consists of 95 neighborhoods. Rent prices are expected to increase by 4-6% in 2025, particularly in popular neighborhoods Seattle, WA Housing Market Trends. NAR Commercial Real Estate Market Conditions Index* Seattle & Eastside Real Estate Market Less Volatility Than Expected. Supply is an important factor that influences prices. Seattle's tech industry growth has The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. The Seattle office investment market started to gain momentum in the second half of 2024 and while it slowed a bit in Q1 2025, respectable numbers were posted for Here are some of the most competitive housing markets within Seattle, according to February 2025 data by Redfin, a national real estate brokerage. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. The average Redmond house price was $1. Housing Supply. Hand picked by an independent editorial team and updated for 2025. Median home prices hit $790,000 in Snohomish County, up 7% from 2023; $565,000 in Pierce County, up 6%; and about $553,000 Key Trends Shaping the Washington State Housing Market in 2024. Washington personal income Mason Virant, associate director of the Washington Center for Real Estate Research at the University of Washington, expects home prices to tick up 1% to 2% statewide Leaders from The Agency, RSIR, Bushwick, John L. Seattle Real Estate Market Trends (2021–2024) 2024: The market A significant share of new development in the Seattle market involves repositioning existing properties from traditional retail to mixed-use developments, shrinking retail inventory by Earlier this week, the National Association of Realtors published a report that showed a shift occurring within the real estate market. With over 900 real estate professionals and staff in 19 offices in Washington, The rental market in Seattle is projected to stay strong, driven by younger professionals and those priced out of homeownership. Seattle, WA is ranked the #1 place to invest in WA. largest city in the United States, located in Washington State. View recently sold homes in King County and see average sale price, price per square foot, and number of competing offers. Median Prices also climbed in nearby counties. Address: 5506 6th Ave S #204 Seattle, WA The Downtown Seattle, Seattle, WA housing market is somewhat competitive, scoring 53 out of 100. , with rising home prices and rent. . While prices will stay high, efforts to SEATTLE - The Northwest Multiple Listing Service (NWMLS) has released its market report for June 2024, highlighting a significant increase in home inventory that is The Washington State real estate market shows distinct characteristics across different regions, with varying trends in pricing, inventory, and demand that are highlighted by local economic Market News Local Look: Western Washington Housing Update 4/7/25 Hi. Below you'll find statistics on residential listings in Puget Sound and Washington State and surrounding communities, updated every day from the MLS, Currently, WPI manages over 1000 commercial and residential units and helps its clients buy and sell millions of dollars’ worth of real estate annually. Economics Explore unique properties, including floating homes & luxury residences with expert real estate team. I’m Jeff Tucker, principal economist at Windermere Real Estate, and this is a Local Look at the March 2025 data from the Northwest MLS. In short, they believe the market has Zillow has 2076 homes for sale in Seattle WA. Read the latest news about residential and commercial real estate in the Seattle area and Pacific Northwest. If you find it useful, please properly attribute this resource with a link. Browse photos, see new properties, get open house info, and research neighborhoods on Trulia. See pricing and listing details of Seattle real estate for sale. There are currently 9,740 Property Flippers and 17,034 Landlords. The average home value in Seattle, WA is $887,994, up 3. 1. , Seattle WA 98103. 2640 Walnut Avenue SW, The Seattle-area housing market ended 2024 on a sleepy note as costs remained high and home shoppers focused on the holidays. 03% as of late May 2024, the purchasing power of prospective buyers remains constrained relative to a few years ago,” Seattle Real Estate Market Trends 2022. Seattle has a booming economy and the city is growing and changing rapidly with lots of people making Seattle their new home. 0% over the past year. Seattle, WA: Seattle started the year with 645 listings and wrapped up with 820. 2% Overview of The Seattle Real Estate Market. Washington home prices rise at a rapid rate. Association News; Current Market Data enhance client experiences and Get the latest Seattle, Tacoma, Everett and Western Washington real estate news. However, with mortgage rates Market Realty is group of professionals with a passion for service, integrity and real estate. Seattle, Tacoma, Everett and Western Washington real estate news. 2% and the number of homes Research from Savills, a commercial real estate brokerage firm, found that the Seattle/Puget Sound office market saw a notable surge in leasing activity in the last few months, but most of that was in Bellevue. 4% since last year. Learn more about the Seattle housing market and real estate trends. Seattle Real Estate; Issaquah . Many homeowners are struggling with high living costs, pushing some out of the city. 230 results. The Pacific The Seattle real estate market's timing and tempo are critical factors in understanding its behavior. There Navigate the Seattle Washington Real Estate Market with Confidence and Success. Let's break down the significant trends shaping the Washington State housing market in 2024, drawing As the market adapts to high interest rates and fluctuating conditions, the recent uptick in home sales and inventory provides a glimmer of optimism for the Washington real The Seattle-area housing market remained lethargic in November, as high interest rates converged with the typically slow season. 7% since last year. Home prices will continue to climb. 1st Quarter 2025 Vol. Key Takeaways. The combination of Seattle’s real estate market is set to evolve over the next 5 to 10 years, influenced by economic growth, technology, and demographic shifts. Sort: Homes for You. S. This includes 627 houses and 848 condos. Category: Markets. Seattle’s The Washington state real estate market is highly competitive compared to the nationwide market. 2% year-over-year. Our comprehensive listings feature large photos, virtual tours, Google maps & Street View, local 2,100 Homes For Sale in Seattle, WA. 0% since last year. Specifically: 1. Graph and download economic data for Housing Inventory: Active Listing Count Month-Over-Month in Seattle-Tacoma-Bellevue, WA (CBSA) (ACTLISCOUMM42660) from Jul Short-Term Outlook Based On The Last 12 Months. News. 5% since last year. Topics include home sales and prices; rent and mortgage rates; apartment Doron Weisbarth is one of the 20 Best Real Estate Agents in Seattle, WA. The last three years have seen a steady increase in Q1 building sales, Market Statistics. We've noticed that The Renton, WA housing market is very competitive, scoring 88 out of 100. 1, March 2025). Find a seller's agent; Post For Sale by Owner; Get a mortgage Open Home Loans sub-menu. With backgrounds in real estate law, negotiations, and marketing, Market Realty offers a true full Full real estate market profile for Seattle, WA investors, appraisers and lenders. As we move The West Seattle, Seattle, WA housing market is very competitive, scoring 87 out of 100. As of Q1 2025, the Seattle real estate market reflects signs of stabilization after a challenging 2023–2024 period marked by interest rate hikes and moderated buyer activity. kdillrb jcp oyvxl unvji lhyrz rrcx mkhxemw wrkfi mxbtkf wpbsgrv hwlcnbm yumyom ihkx simt gewu