Cascade is currently leaning toward sellers, with the market gauge indicating a seller’s market at 40. Homes typically spend about 24 days on the market in this rolling three-month period. Months of supply has risen to 6, signaling more options than in much of Seattle.
Compared with the broader Seattle market, Cascade shows a higher months of supply than the city’s 3.1 months, suggesting relatively more inventory locally even while conditions still tilt toward sellers. Typical home values in Cascade are lower than Seattle’s citywide median sale price, and they are down roughly 16% year over year, pointing to some recent price softening. At the same time, active listings are up more than 50% from a year ago, and new listings have jumped nearly 74%, giving buyers considerably more to choose from.
Buyer behavior and pricing dynamics reflect this changing balance. Only about 12% of recent sales closed above list price, and the average sale-to-list ratio sits just under 99%, so sellers are achieving close to asking but with fewer bidding wars than in prior years. Homes sold over the last three months totaled 33 with 32 pending sales, showing steady but not overheated demand. Whether you are a buyer trying to navigate these shifting conditions or a seller aiming to price strategically, Agent Pronto can connect you with a local Cascade agent who understands this market.
