Earlier this month our Founder and Managing Partner Todd Shively was honored by the Puget Sound Business Journal and the Greater Seattle Business Association as one their Business of Pride leaders. This annual event recognizes and celebrates LGBTQ+ individuals and allies who demonstrate leadership, inclusion, and innovation in our region. It was a festive and inspiring evening at the Fairmont downtown where we heard the personal stories from each recipient. You can learn more about it here.
An analysis of all active single-family listings in Seattle reveals a market that remains highly concentrated in the mid-price tiers, with a long but sparsely populated luxury tail.
The median list price is $935,000, underscoring sustained demand in the $750K–$1.25M segment.
- 80% of listings are priced under $1.5 million, reflecting the structural limits of affordability and ongoing buyer sensitivity to interest rates.
- Listings priced above $3 million represent fewer than 5% of the total inventory, though they skew perception due to their scale and visibility.
- To clarify this distribution, we’ve plotted listings in $100,000 increments and added a single bar to capture all inventory priced above $3 million. A red dashed line marks the median.
This visualization reveals the asymmetry of Seattle’s active market — weighted toward the center, tapering rapidly above $1.5M, and disproportionately shaped by a narrow band of ultra-high-value properties.
Implication: Pricing a home near the median increases its exposure to the majority of active buyers. For sellers above $2M, differentiation and time-on-market considerations become increasingly important. While all the market data below is thru the end of May, I can confidently say that June opened up many opportunities for buyers with new listings at their highest levels in several years. This means less competition for buyers and more opportunities in general.
We've been busy preparing upcoming summer listings and are actively working with several buyers. If you know someone looking to make a move, please consider us. Now's a great time to start end of year real estate planning. I'm just a call or text away. -Phillip
Deep Dive into Seattle:
Leolo
Seattle is full of hidden treasures, and Leolo is one of its finest. This thoughtfully curated boutique offers more than beautifully crafted footwear and leather goods. It’s a celebration of design, sustainability, and personal style. If you’re searching for shoes that are as meaningful as they are stylish, Leolo is a destination you won’t want to miss.
Discovering Seattle’s Footwear Gem
Seattle is known for many things: its iconic skyline, vibrant tech scene, world-class coffee shops, and a deeply rooted creative ambiance. But tucked within the city’s buzzing neighborhoods is something…
Phillip’s Tidbit
🎉 Dahlia turned 12 last week — TWELVE! How did that happen?! One minute she’s toddling around with snacks in both hands, and now she’s practically a teenager with better style than us. 😅 They say it goes fast, and honestly… they weren’t kidding. Shane and I are just trying to keep up (and maybe hold onto these moments a little tighter). Happy Birthday, Dahlia — we adore you!
Thank You for Your
Recent Review!
“My wife and I worked with Phillip and Shane to sell my mom’s home, and I can honestly say they did an outstanding job. From the first meeting, Phillip brought a calm, capable energy to the table and took complete ownership of a complex process — including orchestrating a $100K+ remodel — and delivered a beautifully staged, turnkey listing that went pending in less than a week with multiple offers. The results were impressive!
What impressed us most wasn’t just the end result (a strong sale price in a shifting market), but the way they handled every detail — big and small — along the way. From coordinating contractors, landscapers, and stagers, to fielding our many questions and helping us navigate unexpected hurdles (like HOA document snags, surprise pest cleanup, and more), they were on top of it with clarity and poise.
They were also just good folks to work with. Thoughtful, responsive, and never pushy. They took the time to communicate with both my wife and me, incorporating our feedback and respecting our priorities throughout. Even after the deal was signed, they were still checking in and making sure all the loose ends got tied up.
In a world where a lot of agents seem to disappear once the listing goes live, Phillip and Shane rolled up their sleeves and treated this like a personal mission. We’re very grateful and would absolutely recommend them to anyone looking for a top-tier real estate team that blends results with genuine heart.”
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Lee & Jen H
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If you haven’t left us a review yet, please consider doing so below—we’d greatly appreciate it!
Yelp, Google, Zillow, Realtor.com
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Thank You for Your
Recent Referral!
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Sue Quillian
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Gokhan Samur
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Birkan Bayrak
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June Home Tips
Don’t hesitate to reach out if you’d like any service provider recommendations and for a complete home maintenance checklist.
Market Stats
(Median Sales Price - Live Data)
King County
Residential or Condo
Snohomish County
Residential or Condo
Please reach out if you'd like a customized neighborhood report!
