The last 30 days brought some expensive new listings to the Seattle market, including a waterfront Laurelhurst home, priced well over $12 million, and a Four Seasons private residence.

The Nov. 5 election offers King County residents a chance to weigh in on local officials and policies. To help, Seattle King County REALTORS® (SKCR) published its list of endorsed candidates.

October’s increase comes as inflation slows and mortgage rates decline. 

September brought double-digit increases in both active and new listings in Seattle, according to new data from the NWMLS. At the same time, the area saw single-digit price increases, which hints that while it’s still a seller’s market, some balance is happening.

John L. Scott has reached a settlement agreement in the ongoing buyer-agent commission lawsuit, Gibson/Umpa. It is one of two independent brokerages to settle in the case this week, the other being the Michigan-based Real Estate One.

Seabrook, a planned community near Pacific Beach, has announced a strategic sales partnership with Windermere Real Estate. This means that, as Seabrook grows, Windermere will represent all new construction and developments.

The Seattle Office of Housing is funding up to $3 million toward creating 21 affordable homes at a site previously used by the utility company Seattle City Light, in Highland Park.

The Seattle area had the third-largest home-price spike in the country during August, according to RE/MAX’s latest National Housing Report. The market’s median price — $745,000 — is now the fourth-highest in the United States.

At a time of year when the real estate market typically experiences seasonal declines, this fall is bringing just the opposite.

Seattle is the No. 3 alternative relocation destination in the U.S., according to a new study by Remitly. Vancouver is No. 1 in the world.

Rate introduced its Spanish-language mortgage process in 2022.

Specifically, prices rose 4.3% annually after growing by 4.7% in June. 

With mortgage rates at their lowest level since March 2023 — 6.35% as of Aug. 29 — the Seattle area showed increases in active listings, new listings and pending sales during August, according to the NWMLS’ monthly Market Snapshot.

Greater Seattle’s median home price has increased 8.6% from last year.

Although transaction volume is low, the rental market is “beginning to show more signs of life,” according to new research from Kidder Matthews’ multi-family team, which cited increased liquidity.

Housing inventory reached its highest level since the pandemic in July, according to Realtor.com’s July Monthly Housing Markets Trends Report.