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Seattle Market Update: September 2025
Published October 2025 • Source: NWMLS resale data (City of Seattle; Single-Family & Condo)
Seattle’s resale market is holding its ground — but the heat has clearly come out of the market. While prices are still higher than the five-year average, homes are taking longer to sell and buyers have more choices than they’ve had in years.
Quick Highlights (Citywide Resale)
- Single-Family Avg. Sale Price: ~$1.116 M
- Condo Avg. Sale Price: ~$642 K
- Active Listings (SFR): ~1,431 homes at month-end
- Active Listings (Condo): ~1,107 condos at month-end
- Days on Market (SFR): ~29 days
- Days on Market (Condo): ~50 days
- Months of Supply (SFR): ~2.8 months
- Months of Supply (Condo): ~5.4 months
- List-to-Sale (SFR): ~98.6% of list
- List-to-Sale (Condo): ~96.3% of list
Note: This post reflects resale (no new construction) across the City of Seattle. Neighborhood results can vary.
Single-Family Homes
After years of rapid change, single-family pricing remains resilient: the average sale price landed at approximately $1.116 M. However, homes are taking longer to sell, with average market time around 29 days, and supply has built to roughly 2.8 months.
- Sales volume: down vs. recent years.
- Buyer activity: moderate.
- Pricing power: list-to-sale near 98.6% — accurate pricing is key.
Seller tip: Nail the price out of the gate and focus on presentation — today’s buyers have more options.
Condominiums
The condo market is showing a softer tone: average sale price around $642 K, market time stretching to ~50 days, and supply at approximately 5.4 months — shifting clearly toward buyers.
- Sales volume: below long-term average.
- Buyer activity: modestly increasing.
- Pricing power: list-to-sale near 96.3% — stronger negotiation leverage for buyers.
Seller tip: Lead with value — strong presentation, realistic pricing + targeted marketing are critical.
How This Compares to Recent Years
Compared with 2021-2024, today’s prices are still elevated, but inventory and days on market are higher—especially for condos. The market is moving from fast, seller-dominated dynamics toward more balanced conditions.
Thinking of selling this fall or early 2026?
I’ll help you price strategically, prep efficiently, and market for maximum visibility in today’s balanced market.
Data reflect resale only (excludes new construction and pre-sales) across the City of Seattle. Some metrics vary from standard MLS definitions; all figures represent citywide performance rather than neighborhood-level results.
