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

Office Location

10400 NE 4th Street, Suite 500
Bellevue, WA 98004

73,500

Jobs Created
3.7%

$81,996

Median Household Income
4.3%

26,004

Total Housing Permits
-3.4%

304

Total Number of Projects
2.7%

$694,248

SFD New Home List Price
8.5%

1,283

New Home Sales
-15.1%
Monthly

Market Health

Seattle's population is 3.9M, with a total workforce of 2.0M. The labor market grew by 73,500 jobs over the past year, up by 3.7%. The median household income in Seattle is $81,996, 4.3% higher than last year and 33.6% above the national average of $61,372. In the housing market, total permits issued totaled 26,004 over the last twelve months, down 3.4% year-over-year.

Seattle has 304 active new home projects on the market, 2.7% more than the 296 from last year. The average list price in the market is $694,248, 8.5% higher than last year and 116.8% above the national average. Over the last three months, new home contracts decreased by 15.1% to 1,283. Puyallup and Bonney Lake had the highest concentration of the new home contracts in the Seattle market.

Our Experts

Work with leaders in the industry.

Rick Baldonado

Vice President Sales, West

Rick Baldonado

Vice President Sales, West


Tim Sullivan

Managing Principal

Tim Sullivan

Managing Principal


Stephen Smiley

Senior Vice President

Stephen Smiley

Senior Vice President


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