Cathy Millan

Seattle reached 2 months of inventory in May, signaling a more balanced market. The median sold price for single family homes was $1,010,650, up 5% from May 2024, but down 1% from April. Rising inventory likely put downward pressure on pricing. Still, 84% of homes sold within 30 days. DM me for up-to-the-minute insights and personalized guidance.

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Seattle homebuyers were still competing for the best listings, even as inventory rose. The median sold price for single-family homes hit $1,025,000 last month, up 3% from a year prior, and 65% of residential sales closed at or above listing price. Let’s talk about what this means for you as a buyer or seller.

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