$10,000 Closing Credit*
$1,324,900
1,644 SqFt
2 Beds
•1 Full Bath
Andy Sather, Listing Office: John L. Scott, Inc.
Is Seattle, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Seattle has remained a Seller's Market.
Key Takeaway
Seattle is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Seattle, WA
How much do homes in Seattle, WA cost?
Median Sold Price
$846,981
$567/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$48,738(+6.1%)
Key Takeaway
Homes in Seattle have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Seattle was $846,981 in November 2024, up 6.1% from last year, and the median price per square foot was $567.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $434.5K | $430K | -1.0% |
| 2 Bedrooms | $666.5K | $695.9K | +4.4% |
| 3 Bedrooms | $879.9K | $905.8K | +2.9% |
| 4 Bedrooms | $1.1M | $1.2M | +2.4% |
| 5+ Bedrooms | $1.4M | $1.4M | +2.6% |
Summary: Seattle housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1%, 2 bedroom homes increased by 4.4%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 2.6%.
Median Sold Price Compared To Nearby Cities
| Seattle | $798.2K | $846.9K | +6.1% |
| Mercer Island | $2.1M | $2.3M | +5.7% |
| Burien | $660K | $634.7K | -3.8% |
| Tukwila | $539.9K | $515K | -4.6% |
Housing Supply in Seattle, WA
How many homes are available in Seattle, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3,184 | 2,836 | -10.9% |
Summary: The Seattle real estate market had 2,836 homes for sale in November 2024, a 10.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 464 | 421 | -9.3% |
| 2 Bedrooms | 921 | 911 | -1.1% |
| 3 Bedrooms | 956 | 795 | -16.8% |
| 4 Bedrooms | 591 | 494 | -16.4% |
| 5+ Bedrooms | 252 | 215 | -14.7% |
Summary: The Seattle housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.3%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes decreased by 16.8%, 4 bedroom homes decreased by 16.4%, and 5+ bedroom homes decreased by 14.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 858 | 635 | -26.0% |
Asking Price vs. Sold Price
305 Homes Were Sold
Under Asking
195 Homes Were Sold
At Asking
135 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Seattle, you may be able to get a good deal. 48% of homes here sold below asking price last month.
Summary: A total of 635 homes were sold or pending in Seattle in November 2024, down by 26.0% month-over-month. Of the 635 sold homes, 48% were sold under asking, 31% were sold at asking, and 21% were sold over asking.
Days on Market for Seattle, WA
How long does it take to sell a home in Seattle, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 40 Days | +25.9% |
Summary: Homes in Seattle had an average of 40 days on market in Nov 2024, up by 25.9% compared to last year.
Breakdown of Home Sale Times
364 Homes Were Sold
Under 30 Days
174 Homes Were Sold
In 30 - 90 Days
97 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Seattle are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 635 homes were sold in Seattle; 57% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved. 
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