The Central Seattle housing market is very competitive. Homes in Central Seattle receive 3 offers on average and sell in around 14 days. The median sale price of a home in Central Seattle was $895K last month, up 2.3% since last year. The median sale price per square foot in Central Seattle is $610, up 3.0% since last year.
What is the housing market like in Central Seattle today?
In March 2024, Central Seattle home prices were up 2.3% compared to last year, selling for a median price of $895K. On average, homes in Central Seattle sell after 14 days on the market compared to 21 days last year. There were 221 homes sold in March this year, up from 220 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$895,000
+2.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Central Seattle, WA
$895,000
+2.3%
United States
To compare other locations to the Central Seattle and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Seattle add value to a home.
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How hot is the Central Seattle housing market?
Central Seattle is very competitive. Homes sell in 7 days.
0
100
80
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 7 days.
Hot homes
can sell for about 2% above list price and go pending in around 5 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Central Seattle, WA
100.5%
+1.0 pt
United States
Home offer insights for Central Seattle
Explore recent offers and recently sold homes in Central Seattle
Recent offers
Offer Not Accepted|
5 Weeks Ago
~$1.75M Offer
Sold for $2M
4bd | 2.25ba | ~3,000sqft
Over List Price
16%
Days on Market
5
Competing Offers
12
Down Payment
—
Dorothee Graham
Central Seattle Redfin Agent
Competition is fierce for Buyers right now. This home escalated $400k over the list price. Winning offer waived everything, released Earnest Money funds early. …
More
Offer Not Accepted|
10 Weeks Ago
~$900K Offer
Sold for $1M
3bd | 2ba | ~2,000sqft
Over List Price
0%
Days on Market
7
Competing Offers
14
Down Payment
—
Bliss Ong
Central Seattle Redfin Agent
There were 14 offers. 4 of the top offers released earnest money to the sellers and had no contingencies. Final Purchase Price landed at or above 1.1 million.…
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Climate's impact on Central Seattle housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Central Seattle.
Risk Factor
Flood Factor - Moderate
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Central Seattle has a moderate risk of flooding. 440 properties in Central Seattle are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in Central Seattle. Flood risk is increasing slower than the national average.
Central Seattle has minimal risk of severe winds over the next 30 years
Wind Factor
Central Seattle has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.