southeast seattle SINGLE-FAMILY HOME - DECEMBER 2 0 2 4
MONTHS OF INVENTORY 1.4 SELLERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 43% VS 2023
▲ 23% VS 2023
▲ 25% VS 2023
▲ 4% VS 2023
There were 35 single-family home listings in Southeast Seattle in December, 36% below November and 25% higher than December 2023. December single-family home sales decreased by 19% month-over-month, to 25, and were 4% above December 2023. The months of inventory for single-family home in Southeast Seattle, at 1.4, re&ected a sellers' market. The single-family home median price in December was $889,500, a 19% increase from November and 23% above December 2023. The average sold price was $1,196,390, 13% above last month and up 43% 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
25 35
24 28
43% 23% 20% 4% 25%
31 55
13% 19% -21% -19% -36%
$1,196,390 $889,500 1.4
$1,060,595 $750,000 1.8
$836,704 $725,000 1.2
▶ MEDIAN DAYS ON MARKET
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
95
57
87
78
67
79
48
74
46
53
50
49
47
55
38
38
41
25 35
38
38
28
18 31
31
30
29
24
24
$965K
$950K
$915K
$909K
$890K
$890K
$848K
$800K
$792K
$775K
$750K
$725K
$715K
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET < 4
BALANCED 4 - 6
BUYERS' MARKET 6+
● SALES ● TOTAL INVENTORY ● MONTHS OF INVENTORY
20
3.0
3.0
15
1.3
10
0.5
5
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
15 19 1.3
4 2 0.5
2 6 3.0
1 3 3.0
0 3 n/a
2 0 n/a
0 1 n/a
1 0 n/a
0 1 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. 48 ●
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