Montlake’s rolling three-month snapshot shows a pickup in activity. Active listings are up slightly year over year, while new listings have risen more than 8 percent, giving buyers a bit more choice. Even with this added inventory, homes still move quickly, with a median of just 6 days on the market and more than 61 percent going under contract within two weeks.
Pricing has adjusted downward compared to last year, with the typical home value down about 31 percent year over year on this rolling basis. At the same time, list prices have held relatively steady versus a year ago, and the share of homes selling above list has ticked up to about 31 percent, suggesting sellers who price well can still see strong interest.
Compared with the wider Seattle market, Montlake is slightly tighter, with 2.3 months of supply versus about 2.8 months citywide, consistent with its seller’s market designation. Homes are also selling at roughly 100 percent of list price on average, indicating limited room for deep discounts despite softer values. Whether you’re a buyer trying to navigate these shifting dynamics or a seller aiming to capitalize on still-strong demand, Agent Pronto can connect you with a local agent who understands Montlake’s current trends.
