Seattle Real Estate Market Overview & Forecast (2025 & 2026) | The Luxury Playbook

Seattle's real estate market is experiencing a cautious rebound, with a median home price of $819,000, reflecting a 1. 4% increase year-over-year. This recovery comes after a challenging period marked by elevated interest rates and moderated buyer activity. Key neighborhoods are regaining traction, particularly among professionals in technology and biotech sectors. Inventory remains tight, with active listings down 4.

9% year-over-year, leading to increased competition for well-located properties. The average time on the market is now 27 days, with premium listings often selling above asking price. Current conditions present a strategic opportunity for buyers and investors seeking long-term gains before broader appreciation is anticipated in 2026. The market's resilience is supported by strong employment figures and rising consumer confidence.