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Is Seattle Housing Market Cooling?

Seattle shows selective cooling and normalization signals rather than a single citywide trend. 14 of 22 tracked ZIPs (64%) show the current cooling flag. 1 of 22 ZIPs (5%) show faster inventory growth. The median tracked ZIP records about 69 pending homes per 100 new listings.

Key stats

  • 14 of 22 tracked ZIPs (64%) show the current cooling flag.
  • 1 of 22 ZIPs (5%) show faster inventory growth.
  • The median tracked ZIP records about 69 pending homes per 100 new listings.
  • The metro income-needed indicator changed -2.79% year over year.
Tracked ZIP markets
22
Median ZIP home value
$815,787
Median ZIP rent
$2,279
cooling share
14 of 22 tracked ZIPs (64%) show the current cooling flag.
inventory growth share
1 of 22 ZIPs (5%) show faster inventory growth.
median pending flow
The median tracked ZIP records about 69 pending homes per 100 new listings.

How broad is the cooling in Seattle?

14 of 22 tracked ZIPs (64%) show the current cooling flag. 1 of 22 ZIPs (5%) show faster inventory growth.

Sources and method

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