r/SeattleAreaRE

…from https://x.com/nickgerli1/status/2053570549725753799?s=46

Seattle's housing market is going through a historic inventory shock.

There are now 8,630 listings across the Seattle metro as of Apr 2026.

In a normal April, there are only 4,600 listings.

Meaning inventory today is 88% above normal.

This is happening due to layoffs, a historic lack of affordability, and increased outbound migration.

Ultimately, good news for local Seattle buyers. For the first time in a decade, you have control over this market.

I never thought I’d seriously consider selling my house for cash, but I think I’ve finally hit that point.

My dad’s been diagnosed with severe heart problems for the last year, and lately we’ve been making the drive into Seattle for appointments way more often than we ever expected. We currently live out in the suburbs, and what used to feel like not that far now feels like a marathon every single week, somtimes even more often. Between traffic, emergency visits, follow-ups, and just the general stress of it all, we’ve decided we really need to move closer to the city and, more specifically, closer to his clinic.

We listed our house a while back and have had almost no viewers. I dropped the price more than once and still nothing solid. A few people looked at it, one buyer disappeared after inspection, another wanted a list of repairs… and no one seems like it

Speed and certainty matter more to me now than aiming for the absolute best offer. I saw the Kind House Buyers offer and it seems like they could at least make the process quick and straightforward

For people who’ve been in a similar situation: would you keep waiting and hope the right buyer eventually shows up, or just take the cash offer and move on with your life?

Feels like I’m stuck between squeezing out a little more money and protecting my sanity

I am seriously considering lake stevens for permanent home. Primarily for the prices. I work in the downtown. I’m okay for 40ish minutes commute per google maps. But what’s the reality on for daily commute to Amazon offices in Downtown. Also, are there any additional factors I am missing? I have lived in downtown for few years so far and looking for a bigger place to raise a family. Also, how is town for living in general? Is there some diversity in the town?

Looking to know folks who already do this so I can get some reality check.

I’ve lost out on some more desirable homes the last few months. Some due to flippers waiving all contingencies, others due to under bidding-not by much-like by 10k. So, I’ve been waiting to find a spot that’s been sitting for a bit and make a well supported offer.

I did so much research on my last offer. I had a list of comps, I priced out all the things that needed repairs, I put together a monster down payment, and the house had been sitting on the market for 3 weeks with no other offers. So, I put together an offer that I thought was fair. I sent it in and waited and waited only to be ghosted by the sellers.

I asked how my broker responded and she said she just encouraged them to make a counter. No discussion about the fact that the house is over priced, no pushing on comps in the area, all the repairs that are needed, no advocating how my offer was fair… nothing. All I got back is a recommendation to increase my offer by another 50k, and drop inspection contingencies. If I did that, I would be under water in a month.

Has anyone had any similar experience? What did you do? Do brokers just not know what to do in a more balanced market? Do I just need a different broker?

We are preparing to hire a buyers agent and searching in $1.5M budget. Most agents I talked to are asking for 2.5%.

What leverage would I even have to negotiate a credit or lower commission?

I’m interested in buying a home in north bend or issaquah. Since I’m not super tech savvy it’s really hard for me to see if it’s a sellers market or buyers market or if it’s even a good time to buy. I personally am looking to buy around late September/early October time frame. Also is north bend a good area? Me and my wife moved here about a year ago and are not too familiar with the area.

I’m considering purchasing a new home in Bellevue sometime in the next few months, and I’ve been talking with friends about which builders have the best reputation for quality, design, and layout.

So far, I’ve heard very positive things about:

• Everton Homes
• Orca Custom Homes
• CB Custom Homes
• Mirikeen Homes

And I’ve heard these builders are still solid, but maybe more price-dependent:

• MN Custom Homes
• AART Custom Homes
• JayMarc Homes

Any other Bellevue/Eastside builders you’d recommend or avoid?

Looking for some closing gift ideas for my buyers. They’re a young couple who recently had a baby (7-8 months old) Thinking about getting them a closing gift for the baby. Any ideas?

NWMLS SFH Stats from April/2026 (versus April 2025)

Eastside - 51.1% increase in inventory; 13.45% drop in closed sales; 5% drop in median price

All of King county - 36.6% increase in inventory; 1.2% drop in closed sales; 6.8% drop in median price

Family of 3 with a 8 year old. Looking to buy a house. Mainly interested in eastwide.. but because of the housing prices, wondering will the above mentioned districts are good as well. And how does these districts compare with LWSD or Bellevue.
Both working from home for now. In future, may have to travel to redmond or seattle for work.

we are first time buyers and we’re looking at potential agents to represent us. we have considered an agent who works for compass who has been confident, but we have heard mixed bags about Compass as a broker and frankly it’s hard to find anyone who has an experience working under that brokerage who is sharing opinions online.

the team we’d work with is small, and they seem to have great attention to clients but we have seen some matters of lawsuits between brokers like compass and Zillow and the like involving compass, and would just appreciate if anyone could offer some clarity or experiences on how it’s like actually working with compass. we were told “they just provide some technology and resources while we do the work” but it feels like there’s more to that story.

any comments would be welcome!

thanks!

I am looking for experiences with them, both positive and negative. From anyone who has used them.