Seattle Tracking Ahead of Last Spring
What I’m Seeing
in the Seattle Market This Week
More listings came to market in Seattle this week than at this same point last spring, and the pace of homes going pending is holding ahead of where it was a year ago. Buyer demand in Seattle is real right now. Here’s what that looks like by price.
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.
Seattle held at 30.70% Week 1 absorption this week, slightly ahead of the 28.86% at this point last year. That’s notable because listings also came in above last year’s pace. More supply and sustained velocity at the same time signals real buyer activity, not just constrained inventory driving the numbers.
The Eastside is tracking meaningfully below Seattle right now, with Week 1 absorption at 20.63% compared to roughly 28% at this point in 2025. Supply came in essentially flat year-over-year on the Eastside, so the gap is in buyer response pace, not listing volume.
Seattle by Price | Where Buyers Are Moving Fastest
Week 1 absorption by price tier, week ending May 8. The dashed line shows the current Seattle Week 1 rate. This shows where buyer activity is concentrated in Seattle right now.
Seattle: Week 1 Absorption by Price Tier | May 9, 2026
| Price Range | Week 1 Pend Rate | vs. Last Year | Market Signal |
|---|---|---|---|
| $500K–$750K | 20.99% | Notably stronger | Selective |
| $750K–$1M | 41.94% | Stronger | Strong |
| $1M–$1.5M | 39.13% | Essentially flat | Strong |
| $1.5M–$2M | 46.43% | Notably stronger | Very Strong |
| $2M+ | 27.78% | Notably softer | Healthy |
What This Means for You
“Seattle and the Eastside are reading from different pages right now. Seattle is tracking ahead of last spring. The Eastside has slowed from where it was a year ago. That gap matters for anyone deciding between markets, and it shapes the strategy on both sides.”
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 $750K to $1.5M range in Seattle is performing well right now. The $1.5M to $2M segment hit 46.43% Week 1 absorption, the strongest read of any tier this week. Well-priced, well-prepared homes in this window are getting real attention from buyers who are ready to move. The $2M+ segment is softer and requires more patience, but the middle market is active.
Seattle is more competitive than the Eastside right now, and buyers need to account for that. The $750K to $1.5M range is where pace is highest, with absorption approaching and exceeding 40% in those tiers. If you’re in that window, knowing what you want before you start looking is going to matter. Waiting on a home you like carries more risk here than it does on the Eastside.