Coming from a background in online marketing and business, I am naturally drawn to data and statistics. When we understand where we have been, we gain clarity on the current landscape and can more effectively assess how it may serve us moving forward.
Seattle – Median Sales Price – 2006 until present
Median Sales Price is the midpoint price of all homes sold during a specific period, meaning half of the homes sold for more and half sold for less. Unlike the average sales price, the median is not skewed by unusually high or low sales, making it a more reliable indicator of typical market value and overall pricing trends.
Seattle – New Listings – 2006 until present
New Listings refers to the number of properties that have been newly added to the market during a specific period of time. This metric helps indicate seller activity and housing supply, and it can signal shifts in market conditions—such as increased competition for buyers when listings rise, or tighter inventory when fewer new homes are introduced.
Seattle – Homes for Sale – 2006 until present
Homes for Sale refers to the total number of residential properties currently listed and actively available for purchase on the market at a given point in time. This figure represents overall housing inventory and is a key indicator of market balance, influencing pricing, competition, and negotiating leverage between buyers and sellers.
Seattle – Pending Sales – 2006 until present
Pending Sales refers to the number of homes that have gone under contract during a specific period but have not yet closed. This metric reflects buyer demand and near-term market activity, as pending sales often indicate the direction of future closed sales and pricing trends.
Seattle – Closed Sales – 2006 until present
Closed Sales refers to the number of homes for which the sale has been finalized during a specific period. This means all contracts, inspections, and financing have been completed, and ownership has officially transferred to the buyer. Closed sales are a key indicator of actual market activity and trends.
Seattle – Median Days on Market – 2006 until present
Median Days on Market (DOM) is the midpoint number of days that homes spend on the market from the time they are listed until a pending sale is accepted. Half of the homes sell in fewer days, and half take longer. This metric provides insight into market speed, demand, and how quickly properties are typically selling.
As with all things, I can tailor the stats to reflect your needs. Call me and let’s chat!
