Home to Starbucks, Amazon, and Microsoft, along with gray skies and the Space Needle in a nature-filled, chill location.

32,300

Jobs Created
1.6%

$89,997

Median Household Income
2.4%

26,693

Total Housing Permits
14.8%

335

Total Number of Projects
-23.7%

$644,299

SFD New Home List Price
-5.7%

0

New Home Sales
12.8%
Monthly

Market Health

Seattle s population is 4.0M, with a total workforce of 2.1M. The labor market grew by 32,300 jobs over the past year, up by 1.6%. The median household income in Seattle is $89,997, 2.4% higher than last year and 42.4% above the national average of $63,179.
In the housing market, total permits issued totaled 26,693 over the last twelve months, up 14.8% year-over-year. Seattle has 335 active new home projects on the market, 23.7% fewer than the 439 from last year. The average list price in the market is $644,299, 5.7% lower than last year and 100.5% above the national average. Over the last three months, new home contracts increased by 12.8% to 2,582. Seattle and Bothell had the highest concentration of the new home contracts in the Seattle market.

Our Experts

Work with leaders in the industry.

Tim Sullivan

Senior Managing Principal

Tim Sullivan

Senior Managing Principal

Tim Sullivan

Senior Managing Principal

Stephen Smiley

Senior Vice President

Stephen Smiley

Senior Vice President

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