Seattle Real Estate Market Update April 2026 Inventory Up Rates Still High

If you’re wondering what’s happening in the Seattle real estate market in April 2026, here’s what buyers, sellers, and homeowners need to know right now.

Across Washington, inventory jumped 29.3% year over year in March 2026, while closed sales were nearly flat. At the same time, mortgage rates remained elevated, with Freddie Mac reporting the average 30-year fixed rate at 6.37% on April 9, 2026. That combination is giving buyers more choices, while sellers need to be sharper on pricing, presentation, and negotiation.

In King County, the March 2026 median sales price came in at $859,618, which keeps our local market expensive, even as buyers gain a little more breathing room from increased inventory. Showings and keybox activity also picked up from February, which suggests the spring market is active, but still more price-sensitive than it was in past hot cycles.

In this video, I break down what these numbers mean for:

👉 Seattle area home buyers
👉 Home sellers thinking about listing this spring
👉 Homeowners trying to decide whether to move now or wait

If you want advice based on your neighborhood, price point, and goals, reach out to me directly. I’d be glad to help you make a smart plan.

Emily Cressey
Seattle Realtor | HomePro Associates
Keller Williams Greater Seattle
📲 Call or text me to talk about your next move.
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🏢 Emily Cressey, Realtor
Keller Williams Greater Seattle
(Each Office Independently Owned and Operated)
💻 HomeProAssociates.com
📱 (206) 245-8813