Typical home value trend in Seattle Area
Across 22 tracked ZIPs in Seattle Area, typical home values range from $544,576 in ZIP 98121 to $1,362,281 in ZIP 98112 — a 2.5x spread around a median of $815,787.
The median tracked ZIP home value in Seattle Area fell 2.2% over the last 12 months, from $828,858 to $810,550.
Typical rent trend in Seattle Area
Typical rent across 22 tracked ZIPs runs from $1,867 in ZIP 98125 to $2,810 in ZIP 98199.
The median tracked ZIP rent in Seattle Area rose 1.4% over the last 12 months, from $2,247 to $2,279.
Supply trend in Seattle Area
Tracked ZIPs list 2,561 homes for sale in total, from 59 in ZIP 98104 to 191 in ZIP 98121. 17 of 22 tracked ZIPs (77%) recorded rising for-sale inventory in the latest month. The median tracked ZIP has price cuts on 29.0% of listings; the highest share is in ZIP 98199 at 37.3%.
Buyer competition and pending activity in Seattle Area
70 homes went pending for every 100 new listings. Buyer competition is strongest in ZIP 98103, with a 92 competition index, and weakest in ZIP 98121. Pending homes per 100 new listings range from 45 in ZIP 98101 to 88 in ZIP 98112 across tracked ZIPs.