capitol hill/central seattle SINGLE-FAMILY HOME - DECEMBER 2 0 2 4
MONTHS OF INVENTORY 1.5 SELLERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 51% VS 2023
▲ 45% VS 2023
▲ 26% VS 2023
0.0% VS 2023
There were 37 single-family home listings in Capitol Hill/Central Seattle in December, 38% below November and no change to December 2023. December single-family home sales decreased by 54% month-over-month, to 24, and were 26% above December 2023. The months of inventory for single-family home in Capitol Hill/Central Seattle, at 1.5, re*ected a sellers' market. The single-family home median price in December was $1,575,000, a 5% increase from November and 45% above December 2023. The average sold price was $1,805,366, 6% above last month and up 51% to December 2023.
THIS MONTH No.
PREVIOUS MONTH No.
PREVIOUS YEAR
No.
% Change
% Change
TOTAL INVENTORY TOTAL SALES MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE
24 37
19 37
51% 45% -21% 26% 0%
52 60
6% 5% 34% -54% -38%
$1,805,366 $1,575,000 1.5
$1,703,026 $1,505,000 1.2
$1,196,895 $1,085,000 1.9
▶ MEDIAN DAYS ON MARKET
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
95
92
65
85
82
86
77
60
52
50
54
52
51
63
51
50
47
52
39
37
43
40
37
33
33
31
19
24
23
$1.85M
$1.68M $1.70M
$1.53M $1.55M $1.46M $1.48M $1.44M
$1.51M $1.58M
$1.40M
$1.34M
$1.09M
Dec-23
Nov-24
Dec-24
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET < 4
BALANCED 4 - 6
BUYERS' MARKET 6+
● SALES ● TOTAL INVENTORY ● MONTHS OF INVENTORY
10
3.0
3.0
2.5
8
1.7
6
1.0
0.7
0.7
4
0.6
2
0
<$1M
$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M-2.99M $3.0M-3.99M $4.0M-4.99M $5.0M-5.99M
$6.0M+
MOI INVENTORY SALES
4 10 2.5
3 2 0.7
3 5 1.7
7 4 0.6
3 2 0.7
2 2 1.0
1 3 3.0
1 3 3.0
0 2 n/a
0 4 n/a
Information and statistics derived from Northwest Multiple Listing Service. Copyright © 2025 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of January 13, 2025. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 19 ●
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