Seattle Real Estate Market Update (May 2026) | Prices Hit $1.025M as Buyer Activity Surges
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Seattle's housing market delivered some surprising numbers in May 2026.
In this episode of RE radar, Nathan Mathisen breaks down the latest Seattle residential real estate statistics, including:
• Median home prices • New listings and seller activity • Inventory levels • Buyer demand and pending sales • Why some homes are getting 20+ offers while others sit on the market • What buyers and sellers need to know heading into summer
Key May 2026 Seattle Housing Market Stats: 🏡 Median Sale Price: $1,025,000 (+3.7% year-over-year) 📈 Pending Sales: Up 10.2% year-over-year 📋 New Listings: Down 5.9% year-over-year 🔑 Active Inventory: Highest level since 2019
The Seattle market continues to be highly property-specific. While buyers have more options than they've had in years, well-prepared homes in desirable neighborhoods are still generating intense competition and multiple offers.
Whether you're considering buying, selling, investing, or simply keeping an eye on the market, this episode provides a clear snapshot of what's happening right now in Seattle real estate.
Have questions about your neighborhood or a specific property? Reach out anytime.
🎙️ RE radar with Nathan Mathisen 📍 Seattle, Washington 🏠 John L. Scott Real Estate
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