Magnolia’s housing activity shows solid movement, with 50 homes on the market in March 2026 and 132 new listings added. Buyers are keeping pace, as 100 homes went under contract, and inventory is down 1.96% from last month and 7.41% from a year ago, reflecting the current seller’s market conditions.
Pricing is adjusting gradually, with the typical home value at about $1,200,000, down 3.61% year over year but up 1.05% month over month. Median list price is holding steady at $1,295,000, unchanged from last month, while about 20% of homes are selling above list and the average sale-to-list ratio is just over 1.00, indicating buyers are still willing to stretch for desirable properties.
Speed has shifted notably, as homes now spend a median of 14 days on the market, more than 50% faster than just a month ago despite being higher than a year ago overall. Compared with Seattle’s typical home value of $865,000, Magnolia’s higher price point and seller’s market rating of 5 signal stronger conditions locally, even as Seattle’s values have dipped 4.95% year over year. Looking ahead to April, typical home values are projected to edge up to $1,206,250 with inventory near 49 homes, so both buyers and sellers can benefit from using Agent Pronto to connect with a skilled local agent who understands these trends.
