10/22/2026
Seattle’s summer slump may be pointing to something bigger. New listings are up 15% year over year, sales are down 13%, and absorption is near 3.6 months, so we could be nearing the first true buyer’s market since 2011.
This isn’t 2011, though. Most homeowners have strong equity, and short sales and foreclosures aren’t driving the market. With inventory at a 15-year high, it’s a great time to trade up. Thinking about a move? Let’s run the numbers together.