Better evidence.
A better decision.

The Broker Team · Updated September 22, 2026
Enrique Pelayo Jr., Owner & Designated Broker

Is Seattle a buyer’s market or a seller’s market?

That question needs a date, a location and a property type. Compare the homes competing with your actual purchase or sale. A condo in one building and a detached home in another neighborhood can face different levels of demand. This page explains the method; it is not a live market report.

Start with a consistent comparison

• Use the same geography and clearly state the reporting period.
• Separate detached homes, condominiums and other ownership forms where the data allows.
• Compare condition, usable space, location and sale terms—not just price per square foot.
• Distinguish asking prices, pending contracts and completed sales.
• Look at available alternatives, time on market and concessions together.

King County is not the same as Seattle

Countywide reports include communities outside Seattle. They can provide context, but they should not be presented as Seattle medians or applied directly to your home. Check the boundary and methodology of any chart before using it to make an offer.

What should a buyer do with the evidence?

Set a comfortable total housing cost and a cash reserve first. Use relevant comparisons to decide your price limit and which terms you can accept. The purchase should work without depending on a future refinance or appreciation.

What should a seller do?

Identify the choices a buyer has today. Compare your property’s preparation, price and presentation with those alternatives. Use showing feedback and actual outcomes to decide what to change. Estimate net proceeds alongside your next move.

Where can I get current figures?

Start with NWMLS’s August 2026 market snapshot and ask Enrique to discuss the appropriate evidence for your property. Verify each report’s date and geography. No individual valuation or result is guaranteed.