Seattle Housing Market Update December 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 December, Seattle’s median home price stayed steady at $679,000. That is slightly up from November 2019, at $665,000 and December 2018, which was at $658,000. Seattle’s median home price peaked in May of 2019 at $710K and fell steadily over the summer. It jumped back up in September and October, leaving home prices fairly stable for the year.

Other Stats:

• New Listings: 360 ↓↓
• Pending Sales: 587 ↓↓
• Closed Sales: 796 ↓
• Average Days on Market: 41 ↑
• Months of Supply: 1 ↓
• Percent of List Price: 98.8% ↓
• Average Price Per Sq Ft: $467 ↑
• Dollar Volume: $616.7 Million ↓

Key:
↑ = Up Slightly
↑↑ = Up Sharply
↓ = Down Slightly
↓↓ = Down Sharply