Seattle Real Estate Outlook: Patterns and Predictions for 2025-2026
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Seattle's housing market in 2025 is experiencing a period of moderate growth, with high demand from both buyers and renters. The city's median home price reached an approximate figure of $935,000 in June 2025, marking a 10% year-over-year increase.
Experts predict continued modest growth in home prices, with a projected 1.5% increase over the next year. This slowing but steady upward trend is reflected in the Seattle condo market, where the median price has risen by around 7.09%.
The Seattle housing market is also experiencing its highest inventory levels since 2015. In June 2025, about 10,700 homes were available, representing a 50% increase compared to June 2024. This rise in supply is unusual given the high prices, but is supported by Seattle’s strong economy.
Homes are selling quickly, averaging 11 to 22 days on the market, indicating sustained demand. The rental market is also strong, with rent growth slightly outpacing the national average due to a tech-driven economy and limited Class A inventory. Occupancy rates are forecasted at 94–96% for well-maintained, centrally located properties.
The tech sector remains a major force behind demand, with neighborhoods like Ballard, Capitol Hill, and South Lake Union performing well for both rentals and sales.
However, affordability remains a challenge given the high prices. Rising interest rates and potential economic slowdowns could temper the pace of growth in the Seattle housing market in 2026.
In June 2025, new listings in Seattle increased significantly by 46.69%. Northeast Seattle areas 100, 110, 120, and 130 show a mixed trend, with some areas experiencing a price dip and others showing growth. The median price in Vashon Island has significantly increased by 28.56%.
Pending and closed sales are only slightly up in June 2025 compared to June 2024. Total active listings in Seattle have risen significantly from 1,876 to 2,453. In Seattle's condo market, the total active listings have increased about 25.62%.
Seattle's projected growth in home values is relatively consistent with other markets in Washington. Overall, Seattle’s housing market in 2025 is characterized by high prices, increasing availability, strong buyer and renter demand, and moderate growth prospects, backed by a solid local economy and job market.
- Investors seeking opportunities in real estate are constantly monitoring the Seattle housing market, with its moderate growth offering potential mortgage deals and investment returns.
- The news of Seattle's housing market growth has attracted attention from the finance industry, as the growth in home prices signals a healthy housing-market.
- As the Seattle housing market continues to grow, it provides an opportunity for individuals to invest in real estate, capitalizing on the increased demand and potential for future appreciation.
- The increasing inventory levels in Seattle's real estate market indicate a new wave of growth, offering a variety of deals for both buyers and investors seeking properties in the market.
- The slowing but steady upward trend in home prices in the Seattle market makes it an attractive destination for individuals looking to purchase a property and invest in the real-estate industry.
- Despite the high prices and potential economic challenges, the Seattle housing market remains among the fastest-growing in the United States, making it a hotspot for investment and growth opportunities in the real estate market.