Strong Absorption in the $1M Range
What I’m Seeing
in the Eastside Market This Week
The $1M to $1.5M range is the most competitive segment on the Eastside right now. Nearly 4 in 10 listings are going under contract in the first week. Meanwhile, overall inventory has risen 50% from last year. Here’s what that combination actually means for buyers and sellers right now.
8-Week Trend: New Listings Under Contract in Week One
Percentage of new resale listings going under contract within the first 7 days. A higher number means buyers are acting faster and sellers have more urgency on their side.
Holding in the low-to-mid 20s since late March, down from the high-30s we saw in January and February. Spring inventory is expanding faster than buyer urgency, creating slightly more breathing room for buyers above $1.5M.
Remarkably consistent in the 30-34% band across the full 8 weeks. Buyer demand in Seattle is steady and does not seem to move much with week-to-week inventory changes the way the Eastside does.
Eastside by Price | Where Buyers Are Moving Fastest
Week 1 absorption by price tier, week ending April 24. The dashed line shows the Eastside overall average. This tells you where buyer competition is concentrated and where it has eased.
April 2026 Monthly Snapshot: Eastside
| Price Range | New Apr Listings | Pending | Active (May 1) | Months Supply | 30-Day Pending % | Market Rating |
|---|---|---|---|---|---|---|
| Under $500K | 121 | 55 | 272 | 4.9 | 23.4% | Selective |
| $500K–$750K | 138 | 57 | 202 | 3.5 | 27.4% | Healthy |
| $750K–$1M | 160 | 75 | 213 | 2.8 | 37.7% | Strong |
| $1M–$1.5M | 327 | 144 | 356 | 2.5 | 43.3% | Strong |
| $1.5M–$2M | 265 | 101 | 308 | 3.0 | 47.3% | Very Strong |
| $2M–$3M | 198 | 79 | 267 | 3.4 | 31.4% | Healthy |
| $3M+ | 145 | 35 | 243 | 6.9 | 23.1% | Selective |
| All Prices | 1,354 | 546 | 1,861 | 3.4 | 36.3% | Strong |
What This Means for You
“Seattle and the Eastside are telling two different stories right now. Seattle is holding steady. The Eastside has cooled relative to last spring, not dramatically, but enough that sellers in the mid-range benefit most from getting the presentation right from day one. The buyers are there. The question is whether the home gives them a reason to move quickly.”
If you have questions about what this data means for your specific situation, whether you’re thinking about selling, buying, or just want to know where things stand, reach out. There’s no obligation. Just a real conversation.
The $1M to $1.5M range is moving faster than anything else on the Eastside right now. Nearly 4 in 10 listings in that tier are going under contract in the first week. If your home falls there, the buyer pool is active and motivated. That said, the overall inventory picture has shifted. Buyers have more choices than they did a year ago, which means your preparation and pricing need to be right from the start. A well-presented home in this range does not sit.
There is more breathing room in 2026 than there was last spring. Active inventory on the Eastside is up 50% from this time last year. Above $2M, you have meaningful leverage; 6.9 months of supply in the $3M+ range means there is room to negotiate. The middle tiers ($1M to $2M) are still competitive, but not the all-out scramble of 2024. If you have been waiting for the pace to settle a bit, this spring is a reasonable time to engage.