19Alpha

Seattle, WA metro area Housing Market Brief

metro · WA · score computed October 2026

Deep Buyer's

What is Seattle, WA metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum27%
●13
Inventory Health—No data
—
Affordability27%
●4
Economic Strength27%
+5.953
Rental Yield20%
●2

Where is Seattle, WA metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Seattle, WA metro area is classified as Recovering — turning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Seattle, WA metro area?

Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Seattle, WA metro area housing market data

MetricValueYoYSource
Median Sale Price$793K▼ -4.4%Redfin
Median Days on Market23 days▲ +9.5%Redfin
Months of Supply3.4▲ +41.7%Redfin
Homes for Sale8,571▲ +35.8%Redfin
Homes Sold2,491▼ -9.9%Redfin
Median Price / Sq Ft$458▼ -3.8%Redfin

How has Seattle, WA metro area’s Alpha Score moved?

Now: 19
2-period trend
Median sale price · 12 mo

Markets like Seattle, WA metro area

Frequently asked questions

Is Seattle, WA metro area a buyer's or seller's market?

In the scores computed October 2026, Seattle, WA metro area is classified as a Deep Buyer's Market, based on its Alpha Score of 19 out of 100. It is based on the 4 of five dimensions we can measure for this market — price, affordability, economic, and rental-yield — whose weights are scaled up to cover the whole score. The rest are not measured here and are left out rather than filled in with a placeholder.

Are home prices rising or falling in Seattle, WA metro area?

The median sale price in Seattle, WA metro area is $793K, having fallen 4.4% over the past year, according to Redfin.

How affordable is Seattle, WA metro area?

Seattle, WA metro area scores 4 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Seattle, WA metro area's Alpha Score?

Seattle, WA metro area's strongest dimension is Economic Strength (53/100) and its weakest is Rental Yield (2/100). The Alpha Score is a weighted blend of five dimensions; 4 of them have data for this market.

Want the live, interactive view of Seattle, WA metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.