Seattle, Washington
Seattle, Washington Housing Market Report
November 2026
Single-Family Homes Move Fast.
Condos Tell a Different Story.
October 2026 results · NWMLS housing data
Quick Take: Seattle Is Not One Housing Market
The difference between single-family resale and condos really stands out this month. Previously owned homes that closed had a six-day median market time and received full original asking. Condos had 1,029 homes for sale and received 96% of original asking at the median. Those are two very different conversations for someone thinking about buying or selling.
Across the city, 639 homes went pending and 639 closed in October, with 3,473 homes for sale in the NWMLS monthly figures. There are buyers out there. But the type of home and the choices available at the same payment matter more than one citywide headline.
Resale at $699,999 and under led new contracts and closings. Above that, every resale band had a full-original-asking median and successful-sale market times of five or six days. I would not assume that means every listing has an easy sale, but buyers need to know a home that compares well can still move quickly.
For condo buyers, I think the selection deserves a closer look. Townhomes and new construction add another set of choices, with different costs, layouts and timelines. If you’re thinking about selling, I want to know what the same buyer could choose instead of your home.
Whole-City Snapshot
Whole-City Snapshot
Seattle · October 2026
- Homes for sale
- 3473
- Went under contract
- 639
- Closed sales
- 639
- Days on market
- 12
- Original asking received
- 98.4%
- Median sale price
- $895,000
Source: NWMLS InfoSparks · October 2026
9 showings to pending · October median
Compare with September and last October
Previously Owned Single-Family Homes
Previously Owned Single-Family Homes
Seattle · October 2026
- Homes for sale
- 543
- Went under contract
- 193
- Closed sales
- 179
- Days on market
- 6
- Original asking received
- 100.0%
- Median sale price
- $971,779
Source: NWMLS InfoSparks · October 2026
11 showings to pending · October median
Previously owned single-family homes had 193 new contracts and 179 closings, with 543 homes for sale. The successful sales took six days at the median and received full original asking. The showing figure was 11 recorded visits before pending. That is a strong result for the homes buyers chose. It does not mean every resale listing is moving that quickly. If you’re thinking about selling, I would compare the condition, price and alternatives that made those selected homes work.
Compare with September and last October
New Construction
New Construction
Seattle · October 2026
- Homes for sale
- 681
- Went under contract
- 99
- Closed sales
- 73
- Days on market
- 22
- Original asking received
- 99.2%
- Median sale price
- $885,000
Source: NWMLS InfoSparks · October 2026
5 showings to pending · October median
New construction had 99 new contracts and 73 closings, with 681 homes for sale. The homes that closed had a 22-day median market time and received 99.2% of original asking. Builders are part of the competition for buyers, but their timelines are different. Contracts can happen before or during construction, with closing months later. I would compare availability, completion dates, included features and written financing terms with resale alternatives. The price ratio alone does not tell us about any incentives.
Compare with September and last October
Condominiums
Condominiums
Seattle · October 2026
- Homes for sale
- 1029
- Went under contract
- 123
- Closed sales
- 109
- Days on market
- 31
- Original asking received
- 96.0%
- Median sale price
- $470,000
Source: NWMLS InfoSparks · October 2026
7 showings to pending · October median
Condos had 1,029 homes for sale, the most inventory among the four housing groups I cover, with 123 new contracts and 109 closings. The sold homes took 31 days at the median and received 96% of original asking. That is a very different balance of choices and sold results from single-family resale. If condo living fits you, I think the selection is worth exploring. Compare dues, insurance, reserves, assessments and lender approval alongside the unit and payment. If you’re planning to sell, I would make the value clear against all the alternatives.
Compare with September and last October
Townhomes
Townhomes
Seattle · October 2026
- Homes for sale
- 408
- Went under contract
- 43
- Closed sales
- 66
- Days on market
- 16
- Original asking received
- 97.9%
- Median sale price
- $720,000
Source: NWMLS InfoSparks · October 2026
5 showings to pending · October median
Townhomes had 43 new pendings and 66 closings, with 408 homes for sale. The sales took 16 days at the median and received 97.9% of original asking. Buyers were choosing homes, but the new contract count was below the closing count. I would watch that flow rather than assume every available townhome will repeat the successful-sale timeline. If you’re thinking about selling, compare the payment, layout and upkeep with the other choices buyers have, including new construction.
Compare with September and last October
Previously Owned Single-Family Homes · $699,999 and Under
$699,999 and Under
Previously Owned Single-Family Homes · Seattle · October 2026
- Homes for sale
- 172
- Went under contract
- 59
- Closed sales
- 47
- Days on market
- 10
- Original asking received
- 98.2%
- Median sale price
- $582,000
Source: NWMLS InfoSparks · October 2026
12 showings to pending · October median
This was the busiest resale range for new contracts and closings, with 59 pendings and 47 completed sales. There were 172 homes for sale. The sold homes took 10 days at the median and received 98.2% of original asking. Buyers are active here, with some negotiating still part of the completed-sale results. If you’re thinking about listing, I would make sure condition and needed work compare well. If you’re shopping, I would be ready when the right home stands out.
Compare with September and last October
Previously Owned Single-Family Homes · $700,000–$849,999
$700,000–$849,999
Previously Owned Single-Family Homes · Seattle · October 2026
- Homes for sale
- 118
- Went under contract
- 48
- Closed sales
- 31
- Days on market
- 6
- Original asking received
- 100.0%
- Median sale price
- $760,000
Source: NWMLS InfoSparks · October 2026
11 showings to pending · October median
Thirty-one homes closed and 48 went pending, with 118 homes for sale. The sold homes had a six-day median market time and received full original asking at the median. That is a strong result for the selected homes. Buyers still had choices, but I would not assume a home that compares well will wait around. If you’re thinking about selling, the price and preparation should give buyers a clear reason to choose yours.
Compare with September and last October
Previously Owned Single-Family Homes · $850,000–$1,049,999
$850,000–$1,049,999
Previously Owned Single-Family Homes · Seattle · October 2026
- Homes for sale
- 117
- Went under contract
- 40
- Closed sales
- 45
- Days on market
- 6
- Original asking received
- 100.0%
- Median sale price
- $907,100
Source: NWMLS InfoSparks · October 2026
11 showings to pending · October median
Forty-five homes closed and 40 went pending, with 117 homes for sale. The successful sales took six days at the median and received full original asking. That is another range where the resale sold results look strong. If you’re shopping, I would be prepared when a home fits and compares well. If you’re thinking about listing, I would study what buyers chose instead of assuming every home in the range gets the same response.
Compare with September and last October
Previously Owned Single-Family Homes · $1,050,000–$1,349,999
$1,050,000–$1,349,999
Previously Owned Single-Family Homes · Seattle · October 2026
- Homes for sale
- 70
- Went under contract
- 22
- Closed sales
- 29
- Days on market
- 5
- Original asking received
- 100.0%
- Median sale price
- $1,185,000
Source: NWMLS InfoSparks · October 2026
12 showings to pending · October median
Twenty-nine homes closed and 22 went pending, with 70 homes for sale. The sold homes took five days at the median and received full original asking. That is quick, but it describes the successful sales, not a guarantee for another listing. The showing figure was 12 recorded visits before pending. If you’re thinking about selling, I would compare the actual homes buyers can choose and make sure your price, condition and presentation work together.
Compare with September and last October
Previously Owned Single-Family Homes · $1,350,000 and Up
$1,350,000 and Up
Previously Owned Single-Family Homes · Seattle · October 2026
- Homes for sale
- 65
- Went under contract
- 24
- Closed sales
- 27
- Days on market
- 6
- Original asking received
- 100.0%
- Median sale price
- $1,726,000
Source: NWMLS InfoSparks · October 2026
9 showings to pending · October median
Twenty-seven homes closed at $1,350,000 and up, with 24 new pendings and 65 homes for sale. Successful sales took six days at the median and received full original asking. The $1,726,000 median sold price describes that group in a broad range. I would not treat it as a price for every higher-priced home. If you’re thinking about selling, I would identify who your property fits and what makes it stand out against the alternatives.
Compare with September and last October
The Rest of the Picture Matters Too
Across the supplied NWMLS search results, 730 of the 2825 active listings had more than 90 days on market. And 1146 were asking less than their original price. These are listing counts, and a property can appear under more than one listing. Even with strong resale sold results, I want to understand what buyers are passing over as well as what they choose.
October cancellations
There were 533 October cancellations. Sellers can change plans for all kinds of reasons, so I would not assume each cancellation tells the same story. They still help round out the picture before deciding what a realistic listing plan looks like.
October expirations
Another 183 listings had an October expiration date in the MLS status history. I keep these separate from cancellations and homes still for sale. If you’re thinking about listing, I would compare their prices and competition with the homes buyers actually selected.
Some listings sold above final asking
Of the 621 October sold listings in the NWMLS review, 138 closed above final asking. That is another reason not to assume every buyer can take their time. But final asking may follow a reduction, so I would check the full listing history before using an over-asking result to choose your starting price.
Brandice’s Takeaway
For single-family buyers
The successful resale sales moved quickly in October. At $700,000 and above, all four price bands had full original asking at the median. I would be ready to act when a home fits and compares well. Under $700,000, there was still the most resale activity, with a 98.2% original-asking median. Your actual alternatives matter more than assuming the whole city is a buyer’s market.
For condo and townhome buyers
I think there is opportunity to compare more carefully here. Condos had 1,029 homes for sale and 123 new contracts, while townhomes had 408 for sale and 43 new contracts. Compare the payment, dues, insurance, reserves and maintenance responsibilities with other options. A lower price does not automatically mean a lower total ownership cost.
Thinking about selling?
The resale showing figure was 11 recorded visits before pending, with six days on market and full original asking among the closed homes. Those results are encouraging for the homes buyers chose. But I would also look at the listings still waiting. For a condo or townhome, I would compare the complete monthly cost and allow a different timeline from the fastest resale sales.
Builders are part of the comparison
New construction had 99 new contracts and 73 closings. Buyers can sign before or during construction, so completion schedules help explain why those counts differ. If you’re comparing a new home with resale, I would look at timing, included features and written purchase terms together.
Looking ahead
I would watch whether new contracts keep pace in each housing type and which choices continue to sit. If you’re considering selling in the next few months, I can help you prepare around your plans without relying on a promised spring rebound or rate drop.
Let’s Talk Through Your Questions
Is there opportunity for buyers in Seattle?
It depends on the home you want. Condos had 1,029 homes for sale and 123 new contracts, giving buyers plenty to compare. Single-family resale had much quicker sold results: six days at the median and full original asking. I would not approach those two markets the same way. Compare your options and be ready when a home that fits stands out.
I’m thinking about selling. What should I expect?
Housing type matters. The successful resale homes took six days at the median, compared with 31 for condos and 16 for townhomes. I would compare your home with the options still waiting as well as the successful sales before deciding on the starting price and preparation.
Does full original asking mean I should expect a bidding war?
No. It is the median sold-price result, not a count of offers or proof that every home sold above asking. Four resale bands at $700,000 and above had a full-original-asking median. I would study the individual comparable homes and competition rather than promise a bidding war.
Which resale range had the most activity?
$699,999 and under led with 59 new pendings and 47 closings. There were 172 homes for sale, and the sold homes received 98.2% of original asking at the median. Buyers were active, but condition and needed work still belong in the price comparison.
What should condo buyers look at?
The October condo median sold price was $470,000, with 96% of original asking received. Compare dues, insurance, reserves, assessments, lender approval and maintenance responsibilities with the unit and location. There are many choices, but they do not all offer the same ownership costs or lifestyle.
How many showings did resale homes need?
The October resale figure was 11 recorded visits before pending. Those are not necessarily 11 different buyers. The sold homes also had a six-day median market time. I would use both as context for planning, not a promise that a certain visit produces an offer.
How does new construction fit in?
New construction had 681 homes for sale, 99 new contracts and 73 closings. Buyers can sign before or during construction, with closing months later. Compare availability, completion timing, included features and written financing terms with resale alternatives. The 99.2% original-asking median does not reveal any incentives.
Should I wait until spring to sell?
I would start with your timing and next move. Spring could bring buyers and more competing listings. If you have flexibility, I can help you prepare while following activity in your housing type and price range. I would not assume the calendar alone fixes a price or condition mismatch.
And Then There Is the Monthly Payment!
Freddie Mac’s October 29, 2026 update had the 30-year fixed average at 7.24%, down from 7.32% the week before. The 15-year average was 6.60%, down from 6.68%. A year earlier, those averages were 6.17% and 5.41%.
A little relief week to week is welcome, but buyers are still working with a higher rate than a year ago. If you’re thinking about selling, that helps explain why the monthly cost of your home matters so much beside the other choices. If you’re buying, let’s compare a real lender quote and the full payment, including taxes, insurance and any dues.
Let’s talk about your move
I can help you compare your home with current competition or work through the homes that fit your next move.
Never Miss the Next Update
Seattle had 639 new pending sales and 639 closings in October, with 3,473 homes for sale in the monthly figures. Buyers are still making moves, but the experience changes a lot by housing type. The citywide median sold price was $895,000, with 98.4% of original asking received. If you’re thinking about selling, I would use the whole-city picture as a starting point, then compare the homes your actual buyer could choose. Whole-city figures cover all property types; I break out four housing groups here.