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Is the Seattle Real Estate Market Cooling or Slowing Down?

14 of 22 tracked Seattle ZIPs carry the cooling flag — selective, not citywide. 1 of 22 ZIPs (5%) show faster inventory growth. Across tracked ZIPs the typical home value runs from $544,576 in 98121 to $1,362,281 in 98112 — a factor of 2.5. The median tracked ZIP records about 69 pending homes per 100 new listings.

Key stats

  • 1 of 22 ZIPs (5%) show faster inventory growth.
  • Across tracked ZIPs the typical home value runs from $544,576 in 98121 to $1,362,281 in 98112 — a factor of 2.5.
  • 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
inventory growth share
1 of 22 ZIPs (5%) show faster inventory growth.
housing cost spread
Across tracked ZIPs the typical home value runs from $544,576 in 98121 to $1,362,281 in 98112 — a factor of 2.5.
median pending flow
The median tracked ZIP records about 69 pending homes per 100 new listings.

How broad is the cooling in Seattle?

1 of 22 ZIPs (5%) show faster inventory growth.

Sources and method

Figures are updated monthly under our editorial policy. Spotted something wrong? Report a correction.

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