Home to Starbucks, Amazon, and Microsoft, along with gray skies and the Space Needle in a nature-filled, chill location.

67,400

Jobs Created
3.3%

$84,039

Median Household Income
2.3%

25,032

Total Housing Permits
-6.4%

385

Total Number of Projects
5.2%

$637,974

SFD New Home List Price
1.2%

0

New Home Sales
26.5%
Monthly

Market Health

Seattle s population is 3.9M, with a total workforce of 2.0M. The labor market grew by 67,400 jobs over the past year, up by 3.3%. The median household income in Seattle is $84,039, 2.3% higher than last year and 36.9% above the national average of $61,372.
In the housing market, total permits issued totaled 25,032 over the last twelve months, down 6.4% year-over-year. Seattle has 385 active new home projects on the market, 5.2% more than the 366 from last year. The average list price in the market is $637,974, 1.2% higher than last year and 104.0% above the national average. Over the last three months, new home contracts increased by 26.5% to 1,802. Seattle and Puyallup had the highest concentration of the new home contracts in the Seattle market.

Our Experts

Work with leaders in the industry.

Tim Sullivan

Managing Principal

Tim Sullivan

Managing Principal


Stephen Smiley

Senior Vice President

Stephen Smiley

Senior Vice President


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