Altos Market Data for Realtors

Seattle, WA

Single-Family Homes

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Seattle, WA

Tue Sep 27 2022
This week the median list price for Seattle, WA is $997,750 with the market action index hovering around 52. This is less than last month's market action index of 55. Inventory has increased to 942. Click here to stay informed with the Seattle market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Seattle, WA

Tue Sep 27 2022
This week the median list price for Seattle, WA is $997,750 with the market action index hovering around 52. This is less than last month's market action index of 55. Inventory has increased to 942. Click here to stay informed with the Seattle market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Seattle market.
Median List Price $997,750
Median Price of New Listings $999,950
Per Square Foot $521
Average Days on Market 46
Median Days on Market 35
Price Decreased 45%
Price Increased 1%
Relisted 15%
Inventory 942
Median Rent
Market Action 52
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,095,000 3,360 4,500 - 6,500 sqft 4 3.3 69 47 29 35
$1,249,950 2,466 4,500 - 6,500 sqft 4 2.5 75 65 40 28
$850,000 1,920 4,500 - 6,500 sqft 3 2 68 61 47 28
$599,000 1,295 6,500 - 8,000 sqft 3 1.5 72 48 36 28