Spring is historically one of the most active seasons in Seattle real estate, and 2026 is shaping up to be no exception. Here’s what we’re seeing on the ground across the greater Seattle area as we move into Q2.
Inventory Remains Tight
Across Seattle, Bellevue, Kirkland, and Redmond, active listings remain well below historical averages. Desirable neighborhoods — especially those with strong school districts and walkability — are seeing multiple offers within days of listing. Buyers who are serious about purchasing this spring need to be pre-approved, decisive, and working with an experienced agent who knows how to structure competitive offers.
Prices Are Holding Strong
Median home prices in King County have remained resilient despite elevated mortgage rates. The tech industry continues to anchor demand, particularly on the Eastside. South Seattle neighborhoods like Renton and Burien are attracting strong interest from buyers priced out of the core Seattle market, making them worth watching for both buyers and investors.
What This Means for You
Buyers: Don’t wait for rates to drop to start your search. Get pre-approved now so you can move quickly when the right home appears.
Sellers: This is still a strong market for well-priced, well-presented homes. Proper staging and accurate pricing remain the biggest drivers of a fast, profitable sale.
Investors: Rental demand across the greater Seattle area continues to outpace supply. Single-family and small multi-family properties in transitional neighborhoods offer some of the best risk-adjusted returns in the region.
Have questions about how the current market affects your specific situation? Reach out to the MelMax team — we’re always happy to talk through the numbers.
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