August Market Update: Seattle + Eastside

shallow focus photo of gray train

Key takeaways for the month

Overall, August’s data shows that the peak season continued to stretch through the month rather than ending as it would in an average year. Will it last through September? So far, the answer seems to be yes … Flyhomes home tour requests were at an all-time high on September 1 and 2. 

  • The number of houses and townhouses listed increased month over month for both Seattle and the Eastside
  • At the same time, sale prices for houses and townhouses rose, indicating more buyers in the market keeping competition strong even with increased inventory 
  • While sale prices rose, list prices dropped, showing that sellers are trusting the market and intentionally pricing low to encourage competition among buyers

Competition snapshot

Our Research Team looked into sales in the hottest zip codes on the Eastside for a snapshot of competitiveness in the local market.

The researched homes are a sample of the resale market for single-family houses and townhomes, excluding new construction, listed for $800,000 – $1,200,000 in select zip codes in Bellevue, Kirkland, and Redmond.

Sale Price

Based on date the property sold.

List Price

Based on date the property was listed.

Sale Price Compared to List Price

Based on date the property sold.

Days on Market

Based on the number of days between the list date and the date the property went pending, except when sold date is earlier than pending (then based on date sold).

Number of Properties Listed

Based on date the property was listed.

Number of Properties Pending Sale

Based on the date the property went pending, except when sold date is earlier than pending (then based on date sold).

Number of Properties Sold

Based on date the property sold.


Seattle includes data for the city of Seattle.

Eastside includes data for Redmond, Bellevue, and Kirkland.


Ready to buy a home?