Supply Holds Steady, Velocity Softens
What I’m Seeing
in the Eastside Market This Week
New listings on the Eastside came in almost exactly even with this same week last year. But the rate at which homes are going pending has slowed noticeably from spring 2025. Seattle is telling a different story. Here’s what that split means 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.
Week 1 absorption dropped to 20.63% this week, down from 28.08% at this same point in 2025. That’s a meaningful shift. Supply came in essentially flat year-over-year, but the pace of buyer response has slowed. Sellers can’t rely on urgency alone the way they could a year ago.
Seattle is holding notably steady at 30.70% this week, slightly ahead of where it was at this same point in 2025. Buyer demand in Seattle has proven more resilient than the Eastside as spring inventory builds.
Eastside by Price | Where Buyers Are Moving Fastest
Week 1 absorption by price tier, week ending April 24. The dashed line shows the current Eastside Week 1 rate as of May 8. 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
“The Eastside and Seattle are moving at different speeds right now. Seattle is holding pace with last spring. The Eastside has slowed from where it was a year ago, and that difference matters. It means sellers on the Eastside need to work harder for the same result. And it means buyers on the Eastside have more room to be thoughtful about what they’re committing to.”
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 days of a listing generating multiple offers simply by hitting the market are fading on the Eastside. Week 1 absorption is running about 7 points below where it was a year ago, which means buyers have more time and more options. Homes in the $1M to $1.5M range are still the most active segment. The opportunity is there, but it requires sharper preparation and pricing from the start. A home that would have moved regardless of condition in 2024 now needs to earn its offer.
There is more breathing room on the Eastside than there was at this point last year. Fewer situations where you need to decide in 48 hours with no contingencies. The pace has slowed enough to allow for deliberate decision-making, which is a meaningful change from recent springs. Seattle is a different read, still moving at a healthy clip. But on the Eastside, buyers are in a better position than they have been in some time.