Market Metrics
A quick snapshot of NWMLS market trends and charted stats.
Seattle metrics
All core Seattle charts are shown below so you can scan pricing, inventory, velocity, and showing activity without switching tabs.
Average sales price
Tracks average sale price over time for Seattle. Pair it with list-to-sale and price-per-sq-ft to tell whether price changes are driven by demand or shifts in what’s selling.
New listings
Shows how many new listings hit the market each period. Spikes often reflect seasonal listing behavior, while soft new-listing counts can tighten inventory quickly.
Homes for sale
Reflects total homes currently for sale in Seattle. Higher counts usually mean more choice and leverage for buyers, especially if pending activity isn’t keeping pace.
Pending sales
Pending sales show how many homes just went under contract. It’s one of the fastest indicators of demand and often leads closed-sale trends by a month or two.
Closed sales
Closed sales capture completed transactions. It’s the best read on confirmed market throughput, but it lags pending data due to closing timelines.
Average days on market
Average days on market shows how quickly listings are selling. Shorter timelines point to stronger demand, but outliers can skew averages when inventory is thin.
Months supply (pending)
Months supply (pending) compares inventory to current pending activity. It reacts quickly to shifts in demand and can swing before closed-based supply moves.
Months supply (closed)
Months supply (closed) compares inventory to recent closed-sale pace. It’s steadier but slower to turn, so it’s best for longer-term balance checks.
Avg % list price
Average % of list price shows how close sales land to asking. Sustained levels above 100% signal bidding pressure; drops can indicate price corrections or softer terms.
Avg % original price
Average % of original price tracks price changes after listing. Lower ratios suggest more price reductions, often tied to overpricing or demand cooling.
Avg price per sq ft
Average price per square foot helps compare value across sizes and property types. It’s useful for quick comps, but shifts can also reflect changes in home size mix.
Dollar volume
Dollar volume shows total sales value moving through the market. It combines price and transaction count, so it can rise even if one of those is soft.
Avg shows to pending
Average shows to pending measures how many showings it takes to get a home under contract. Lower counts signal strong demand; rising counts can show buyers getting choosier.
Shows per listing
Shows per listing tracks buyer traffic per active listing. It’s a useful momentum read, especially when compared against new-listing volume.