Yes, but I would measure it against recent closings, not excitement
If you are asking whether there is still room to buy well in Seattle, WA, my answer is yes, but only if you stay anchored to the numbers that closed recently. A typical sale over the previous 30 days came in at $830,000, and I would use that as the first reality check on any home that catches your eye.
Recent closings in Seattle, WA landed at a typical price of $830,000 over the previous 30 days, with a typical cost of $592 per square foot. At the same time, the broader typical estimated value sat at $845,900, so I would be careful about paying above recent closing evidence unless the home gives you a clear reason to do it. That creates an opportunity for buyers who stay calm. When the recent sold price is slightly below the broader estimated value, I see a reason to inspect the pricing logic on each home instead of assuming every seller has unlimited leverage in Seattle, WA. Keep your short list tight. Review the recent sale price, size, and square-foot cost before you write. Do not let presentation outrun the math.
About Mike Rudnev
Mike Rudnev is a licensed Real Estate Professional affiliated with eXp Realty, specializing in the Seattle market. With a focus on strategic marketing and deep local knowledge, Mike Rudnev provides clients with expert guidance in navigating complex real estate transactions. View full profile →
