Submarket Report
Capitol Hill Condo Market 2026 — NWMLS Area 390 Live Data | Jeff Reynolds
Live NWMLS condo market data for Capitol Hill, Seattle (Area 390). Median sale price, price per square foot, days on market, and closed sales — updated continuously. Plus building-level analysis from Jeff Reynolds, 20-year Seattle condo specialist.
Capitol Hill Condo Market — Live NWMLS Submarket Data
Capitol Hill (NWMLS Area 390) is one of Seattle's strongest condo submarkets for lifestyle buyers and first-time owners. Mid-rise stock, light-rail access, and pricing 15-25% below Downtown make it a distinct submarket from the high-rise core. Live data below; full deep-dive on the master dashboard.
View all 8 Capitol Hill metrics on the master dashboard →
The Four Numbers That Matter Most
Median Sales Price
NWMLS LivePrice Per Square Foot
NWMLS LiveDays on Market (Median)
NWMLS LiveClosed Sales
NWMLS LiveWhat's Driving Capitol Hill Condo Demand in 2026
Three forces shape Capitol Hill condo pricing in 2026. First, light-rail expansion — the Capitol Hill station opened in 2016 and remains one of the busiest stations in the Link system, which has structurally raised resale demand for buildings within a five-minute walk. Second, the neighborhood's restaurant and bar density continues to attract buyers in their late twenties through early forties who want a walk-everywhere lifestyle without Downtown high-rise HOA fees. Third, the Pike/Pine corridor remains the cultural center of the neighborhood, and proximity to the corridor commands a measurable price premium.
Capitol Hill Condo Building Profiles
Capitol Hill is dominated by mid-rise and boutique low-rise buildings. Notable buildings include Trace Lofts, Gallery Belltown (despite the name, technically Capitol Hill-adjacent), and a number of 30-100 unit mid-rises along 12th Avenue, Broadway, and Pike Street. Browse the full Capitol Hill building roster:
Capitol Hill Neighborhood Guide Browse Capitol Hill Buildings
Capitol Hill Condo Market — Frequently Asked Questions
What is the median condo price in Capitol Hill in 2026?
The Capitol Hill (NWMLS Area 390) median condo sale price in Q1 2026 sits in the mid-$400Ks, materially below the Downtown Seattle (Area 701) median. Capitol Hill's condo stock is dominated by mid-rise and boutique low-rise buildings rather than full-service high-rises, which keeps both pricing and HOA fees more accessible than Downtown.
Is Capitol Hill a good neighborhood for first-time condo buyers?
Yes. Capitol Hill is one of the strongest first-time-buyer submarkets in Seattle. The neighborhood combines walkable nightlife, dining, and parks with direct light-rail service to Downtown, the airport, and the Eastside via the Northgate-to-SeaTac line. Median pricing 15-25% below Downtown means a buyer at the city median can afford a higher-quality unit on Capitol Hill than in Belltown or South Lake Union.
Which Capitol Hill condo buildings have the strongest HOA financials?
Capitol Hill condo buildings with the strongest HOA financials tend to be mid-2000s mid-rises with 50-150 units — large enough for economies of scale, small enough for engaged owner governance. Specific buildings vary by reserve study and current resale certificate; verify the percent-funded figure (target 70%+) and recent special-assessment history before writing an offer.
Are Capitol Hill condos appreciating in 2026?
Capitol Hill condo appreciation has stabilized in 2026 after the post-2022 correction. Light rail proximity, proximity to Cal Anderson Park, and the neighborhood's restaurant density continue to drive demand. Buildings near the Capitol Hill light-rail station and the Pike/Pine corridor are appreciating faster than the broader neighborhood average.
What is the condo market like near the Capitol Hill light rail station?
Condo buildings within a five-minute walk of the Capitol Hill light-rail station carry a measurable price premium and have shorter days-on-market than buildings further east. Light-rail proximity reduces car dependence, improves rental demand, and raises owner-occupancy retention. Buyers focused on long-term resale should weight light-rail proximity heavily in building selection.
Buying or selling on Capitol Hill?
Capitol Hill condo selection depends on building age, light-rail proximity, and HOA financial health. Talk to Jeff for building-specific analysis before writing an offer.
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Jeff Reynolds
Seattle Condo Specialist · Compass Real Estate · 20+ Years
Jeff has spent 20+ years helping buyers and sellers navigate Seattle's condo market building by building. Have a question about this topic?
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