Inventory in Denny Triangle has loosened in this rolling three-month view, with about 7.5 months of supply compared with 3.1 months across Seattle overall. Active listings are down roughly 17 percent from a year ago, yet they remain higher than many parts of the city when viewed relative to sales. Contract activity has cooled, as homes sold are down about 8 percent year over year and pending sales have fallen more than 24 percent.
Pricing has adjusted noticeably in response to slower demand. The typical home value over the past three months is down nearly 28 percent from a year earlier, landing well below the broader Seattle median. List prices have been more stable, up about 3 percent year over year, which suggests sellers are still testing the market even as buyers are paying less than they did last year.
Homes are taking longer to move through the pipeline, with a median of 45 days on market in the latest period, a sharp increase from the very quick turn times seen in 2023. Only about 8 percent of recent sales closed above the list price and the average sale-to-list ratio is just under 98 percent, indicating modest room for negotiation. With this mix of higher relative inventory, softer prices, and slower contracts, both buyers and sellers in Denny Triangle can benefit from Agent Pronto’s help connecting with an experienced local agent to navigate the current conditions.
