Seattle Real Estate Market Update August 2019
Seattle’s real estate market update is gathered using info from NWMLS’ InfoSparks in City of Seattle using data for residential and condominiums sold only.
In August, the median sales price for a home in Seattle is slightly down at $675,000. That is relatively normal as August tends to be a slower month for real estate. Things usually kick back into gear in September and October and then wind down again for the rest of the year. Year over year, prices are flat with the median home price in August 2018 being exactly $675 as well.
- New Listings: 1,083 ↓
- Pending Sales: 962 ↓
- Closed Sales: 960 ↓
- Average Days on Market: 33 ↑↑
- Months of Supply: 2.3 ↓
- Percent of List Price: 99.2% ↓
- Average Price Per Sq Ft: $471 ↓
- Dollar Volume: $750.2 Million ↓
↑ = Up Slightly
↑↑ = Up Sharply
↓ = Down Slightly
↓↓ = Down Sharply