University District currently leans toward sellers, with the market gauge sitting at 11 on the scale. Limited supply relative to demand is a key reason, with only 28 homes on the market in March 2026. At the same time, 26 properties went under contract, keeping conditions tilted away from buyers despite some cooling signs.
Home values and asking prices have been easing, which adds nuance to this seller-leaning picture. The typical home value is about $840,000, down 6.04% from last year and projected to slip further to around $807,250 in April, while the median list price of $792,250 in March is expected to edge down to about $776,000. Compared with the broader city of Seattle, where typical values sit near $865,000 and are projected to rise slightly, University District appears relatively more affordable and softer.
Several listing trends highlight how the pace has changed for both sides of a deal. Homes are taking much longer to sell, with median days on market jumping to 98, up more than 300% month over month and over 1,400% year over year, and average sale-to-list ratios around 0.97 suggest sellers are often accepting below asking. Inventory has grown modestly, up 7.69% month over month and 3.7% year over year, while new listings have fallen 17.07% and pending sales are down 18.75%, pointing to cooler activity overall. In this shifting environment, both buyers and sellers can benefit from Agent Pronto’s help in finding an agent who understands these local dynamics.
