Market Intelligence
Seattle Condo Market, Live Data
Real-time Seattle condo statistics sourced directly from NWMLS InfoSparks and the NWMLS Communications Tableau Public dashboards. These numbers update as closed sales report. No quarterly lag, no hand-entered figures. Every chart below is authoritative NWMLS data.
Jump To Area
All 4 core Seattle metro submarkets live: Downtown Seattle, Capitol Hill, Downtown Bellevue, and Kirkland. Every chart below updates automatically as new NWMLS closed sales report.
Each area below is organized into three tiers. Tier 1 is the headline — the four numbers every buyer and seller asks first. Tier 2 is supply and flow — how inventory moves from listing to pending to closed. Tier 3 is negotiation power — whether sellers are clearing above list or chasing the market down. Read them in order and you get a complete picture of what the market is doing right now, not last quarter.
Four Submarkets, Four Stories
The aggregate numbers hide the real action. Downtown Seattle, Capitol Hill, Downtown Bellevue, and Kirkland are running on four different rhythms. Read each one on its own terms.
Submarket Deep Dive
Downtown Seattle
NWMLS Area 701 · Condo-only
Tier 1 · Headline
The Four Numbers That Matter Most
Price, price per foot, speed of sale, and transaction volume. These four widgets answer the questions every Downtown Seattle condo buyer and seller asks before anything else.
Median Sales Price
NWMLS LiveThe middle price point of all closed sales. Median is less sensitive to outliers than average and is the cleanest single number for tracking where the market is pricing right now.
Price Per Square Foot (Median)
NWMLS LiveThe cleanest apples-to-apples comparison across unit sizes. Best long-term indicator of underlying value because it neutralizes the mix of small vs large units closing in any given month.
Days on Market (Median)
NWMLS LiveThe middle time-to-sale. When this drops, demand is outpacing supply. The honest referee of any market — no amount of list-price optimism can hide a rising DOM curve.
Closed Sales
NWMLS LiveUnits that actually changed hands. The cleanest signal of real transaction volume — not offers, not contracts, actual closings that flow through escrow.
Tier 2 · Supply & Flow
How Inventory Moves Through The Pipeline
New listings become pending sales become closed sales. When new listings outpace closes, supply is building. When pendings surge, the next month's closed volume is already locked in.
New Listings
NWMLS LiveFresh inventory coming online. Leading indicator of future supply pressure — today's new listings are next month's negotiation dynamic.
Pending Sales
NWMLS LiveUnits under contract but not yet closed. Leading indicator for next month's closed sales — the bridge between demand and transaction volume.
Tier 3 · Negotiation Power
Who Has Leverage Right Now
The truest measure of market heat is not price — it is how the sale price compares to the list price. Above 100% is bidding-war territory. Below 95% of original list is a meaningful price chase.
% of List Price (Median)
NWMLS LiveSale price as a percentage of most recent list. Above 100% = bidding war territory. Below 97% = meaningful buyer leverage and room to negotiate.
% of Original List Price (Median)
NWMLS LiveSale vs the very first list. Below 95% = meaningful price chase — the market did not agree with the pricing. The cleanest "was this priced right from day one" metric.
Submarket Deep Dive
Capitol Hill
NWMLS Area 390 · Condo-only
Tier 1 · Headline
The Four Numbers That Matter Most
Price, price per foot, speed of sale, and transaction volume. These four widgets answer the questions every Capitol Hill condo buyer and seller asks before anything else.
Median Sales Price
NWMLS LiveThe middle price point of all closed sales. Median is less sensitive to outliers than average and is the cleanest single number for tracking where the market is pricing right now.
Price Per Square Foot (Median)
NWMLS LiveThe cleanest apples-to-apples comparison across unit sizes. Best long-term indicator of underlying value because it neutralizes the mix of small vs large units closing in any given month.
Days on Market (Median)
NWMLS LiveThe middle time-to-sale. When this drops, demand is outpacing supply. The honest referee of any market — no amount of list-price optimism can hide a rising DOM curve.
Closed Sales
NWMLS LiveUnits that actually changed hands. The cleanest signal of real transaction volume — not offers, not contracts, actual closings that flow through escrow.
Tier 2 · Supply & Flow
How Inventory Moves Through The Pipeline
New listings become pending sales become closed sales. When new listings outpace closes, supply is building. When pendings surge, the next month's closed volume is already locked in.
New Listings
NWMLS LiveFresh inventory coming online. Leading indicator of future supply pressure — today's new listings are next month's negotiation dynamic.
Pending Sales
NWMLS LiveUnits under contract but not yet closed. Leading indicator for next month's closed sales — the bridge between demand and transaction volume.
Tier 3 · Negotiation Power
Who Has Leverage Right Now
The truest measure of market heat is not price — it is how the sale price compares to the list price. Above 100% is bidding-war territory. Below 95% of original list is a meaningful price chase.
% of List Price (Median)
NWMLS LiveSale price as a percentage of most recent list. Above 100% = bidding war territory. Below 97% = meaningful buyer leverage and room to negotiate.
% of Original List Price (Median)
NWMLS LiveSale vs the very first list. Below 95% = meaningful price chase — the market did not agree with the pricing. The cleanest "was this priced right from day one" metric.
Submarket Deep Dive
Downtown Bellevue
NWMLS Area 520 · Condo-only
Tier 1 · Headline
The Four Numbers That Matter Most
Price, price per foot, speed of sale, and transaction volume. These four widgets answer the questions every Downtown Bellevue condo buyer and seller asks before anything else.
Median Sales Price
NWMLS LiveThe middle price point of all closed sales. Median is less sensitive to outliers than average and is the cleanest single number for tracking where the market is pricing right now.
Price Per Square Foot (Median)
NWMLS LiveThe cleanest apples-to-apples comparison across unit sizes. Best long-term indicator of underlying value because it neutralizes the mix of small vs large units closing in any given month.
Days on Market (Median)
NWMLS LiveThe middle time-to-sale. When this drops, demand is outpacing supply. The honest referee of any market — no amount of list-price optimism can hide a rising DOM curve.
Closed Sales
NWMLS LiveUnits that actually changed hands. The cleanest signal of real transaction volume — not offers, not contracts, actual closings that flow through escrow.
Tier 2 · Supply & Flow
How Inventory Moves Through The Pipeline
New listings become pending sales become closed sales. When new listings outpace closes, supply is building. When pendings surge, the next month's closed volume is already locked in.
New Listings
NWMLS LiveFresh inventory coming online. Leading indicator of future supply pressure — today's new listings are next month's negotiation dynamic.
Pending Sales
NWMLS LiveUnits under contract but not yet closed. Leading indicator for next month's closed sales — the bridge between demand and transaction volume.
Tier 3 · Negotiation Power
Who Has Leverage Right Now
The truest measure of market heat is not price — it is how the sale price compares to the list price. Above 100% is bidding-war territory. Below 95% of original list is a meaningful price chase.
% of List Price (Median)
NWMLS LiveSale price as a percentage of most recent list. Above 100% = bidding war territory. Below 97% = meaningful buyer leverage and room to negotiate.
% of Original List Price (Median)
NWMLS LiveSale vs the very first list. Below 95% = meaningful price chase — the market did not agree with the pricing. The cleanest "was this priced right from day one" metric.
Submarket Deep Dive
Kirkland
NWMLS Area 560 · Condo-only
Tier 1 · Headline
The Four Numbers That Matter Most
Price, price per foot, speed of sale, and transaction volume. These four widgets answer the questions every Kirkland condo buyer and seller asks before anything else.
Median Sales Price
NWMLS LiveThe middle price point of all closed sales. Median is less sensitive to outliers than average and is the cleanest single number for tracking where the market is pricing right now.
Price Per Square Foot (Median)
NWMLS LiveThe cleanest apples-to-apples comparison across unit sizes. Best long-term indicator of underlying value because it neutralizes the mix of small vs large units closing in any given month.
Days on Market (Median)
NWMLS LiveThe middle time-to-sale. When this drops, demand is outpacing supply. The honest referee of any market — no amount of list-price optimism can hide a rising DOM curve.
Closed Sales
NWMLS LiveUnits that actually changed hands. The cleanest signal of real transaction volume — not offers, not contracts, actual closings that flow through escrow.
Tier 2 · Supply & Flow
How Inventory Moves Through The Pipeline
New listings become pending sales become closed sales. When new listings outpace closes, supply is building. When pendings surge, the next month's closed volume is already locked in.
New Listings
NWMLS LiveFresh inventory coming online. Leading indicator of future supply pressure — today's new listings are next month's negotiation dynamic.
Pending Sales
NWMLS LiveUnits under contract but not yet closed. Leading indicator for next month's closed sales — the bridge between demand and transaction volume.
Tier 3 · Negotiation Power
Who Has Leverage Right Now
The truest measure of market heat is not price — it is how the sale price compares to the list price. Above 100% is bidding-war territory. Below 95% of original list is a meaningful price chase.
% of List Price (Median)
NWMLS LiveSale price as a percentage of most recent list. Above 100% = bidding war territory. Below 97% = meaningful buyer leverage and room to negotiate.
% of Original List Price (Median)
NWMLS LiveSale vs the very first list. Below 95% = meaningful price chase — the market did not agree with the pricing. The cleanest "was this priced right from day one" metric.
Interpretation
Jeff's Latest Market Analysis
Numbers are a starting point. These are the posts that explain what the data actually means for Seattle condo buyers, sellers, and investors.
Market Analysis
Seattle Condo Market Report Q1 2026: Downtown Seattle Pivots To A Buyer's Market
The Downtown Seattle condo median dropped to $599,000 in March 2026, down 12.4% year over year, while active inventory rose to 255 units and...
Market Analysis
The Two Skylines: Why Capital Is Choosing Bellevue Over Downtown Seattle
Bellevue just approved a 900-unit mixed-use project on a 4.22-acre strip mall. Meanwhile, Downtown Seattle's office buildings have lost $3.7...
Market Analysis
The Thing Hiding in Plain Sight: Why the Building Matters More Than Ever in Seattle's Condo Market
Everyone asks me the same question: Where is the Seattle condo market headed?
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Data sourced directly from Northwest Multiple Listing Service via NWMLS InfoSparks widgets and the NWMLS Communications Tableau Public dashboards. Every chart on this page updates automatically as new closed sales report to the MLS. Widgets are hosted by nwmls.stats.showingtime.com and public.tableau.com, and are the authoritative source for every figure shown. For building-specific context the market data cannot capture, explore building profiles or contact Jeff directly.