Seattle Community Insights
January Absorption Rates Absorption Rate Defined: Number of properties
Buyer’s Market
sold divided by number of homes for sale.
Neutral Market
Central Seattle*
Laurelhurst / Windermere
Absorption Rate (closed sales)
Absorption Rate (closed sales)
16%
33%
0%
16%
100%
Seller’s Market
33%
0%
100%
39% Ç 16% off from 2018
75% no change from 2018
SELLER’S MARKET
SELLER’S MARKET
26
10
4
3
Homes For Sale*
Total Homes Sold
Homes For Sale*
Total Homes Sold
Ç189% vs 2018
Ç233% vs 2018
È 50% vs 2018
È 50% vs 2018
Queen Anne / Magnolia
Ballard / Green Lake
Absorption Rate (closed sales)
Absorption Rate (closed sales)
16%
16%
33%
0%
100%
22% È 66% off from 2018 8 36 NEUTRAL MARKET
33%
0%
100%
35% È 69% off from 2018 15 43 SELLER’S MARKET
Homes For Sale*
Total Homes Sold
Homes For Sale*
Total Homes Sold
Ç80% vs 2018
È 38% vs 2018
Ç207% vs 2018
È 6% vs 2018
*Data shown is for homes priced >$1M+ excluding waterfront. Included neighborhoods for Central Seattle: Capitol Hill, Denny Blaine, Madison Park & Washington Park. Information and statistics derived by VDB | Compass from Trendgraphix.