Sales Down in Seattle Real Estate Market

In this week's report, the number of homes sold in the Seattle market fell to 947 over the past 30 days, a decrease of 4.6% from last week's report, but still above the monthly average. In comparison, nearby Renton had 107 sales in the same time frame, the most of all neighboring cities. The median sales price dropped to $585,000, down from last week's $587,000. Despite the slip in sales, a relatively low one month of inventory indicates that Seattle is a solid seller's market.

With these listings in Seattle recently dropping in price, this may be the last time to see them before they come off the market:

$10M   $5.9M   $8M  

Get started right now by checking out Seattle homes for sale or reviewing Seattle real estate trends.

Demographic facts about Seattle:

  • The population density is 7,250.9 people per square mile in this area.
  • The lifestyle rating for this area is 68. (Scale: 1 = Worst, 100 = Best)
  • 51.8% of the residents commute to work alone in their car, 10.4% via carpool, and 19.4% by way of public transit.

Data reported through 10/12/2016

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