Pike Place Market · Seattle, WA

Is Now a Good Time to Sell in Pike Place Market, Seattle?

The median home in Pike Place Market sells for $547,000 with prices down 41% year-over-year. Ridley's flat fee saves you $12,911.

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Pike Place Market Real Estate Market Conditions

34out of 100

Ridley Sell Score

How it's scored →

Cooling

34/100

The market is shifting — strategic pricing and presentation matter more.

What this means for sellers

The Pike Place Market market is cooling, and sellers need to be strategic. Homes are taking longer to sell — be patient and avoid chasing the market down. Invest in staging and professional photography to differentiate your listing. Flexibility on terms can make the difference in attracting serious buyers.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. Washington average is 3.1.

Price MomentumFavors buyers

Prices down 41.1827957% year-over-year — vs. -3.4% statewide.

Seller LeverageFavors buyers

Homes selling at 94.86% of asking — buyers are negotiating 5.1% below list. Washington average is 98.9%.

Bidding ActivityFavors buyers

10% of homes selling above list price — 57% below the Washington average of 23.3%.

Sale SpeedFavors buyers

124 median days on market — 64 days slower than the Washington average.

Market UrgencyNeutral

22.73% of listings go pending within 2 weeks — vs. 37.3% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Washington average is 25.7%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$547,000

-41%

Days on Market

124

Price per Sq Ft

$755

Sale-to-List Ratio

94.86%

Homes Sold

20

Sold Above List

10%

Pending in 2 Weeks

22.73%

Source: public market records

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Personalized pricing signals, demand shifts, and Sell Score changes for Seattle — delivered monthly.

Your savings

How much can you save selling in Pike Place Market?

$0Estimated savings

That's a dream family vacation — save 2.4% of your home value

$547,000

$50,000$10M

Traditional Agent (3%)

$16,410

Ridley Pro (flat fee)

$3,499

Ready to sell in Pike Place Market?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

Cost to sell in Pike Place Market

Traditional AgentBest valueRidley ProRidley Essentials
Listing fee$16,410$3,499$999
Buyer agent$15,3162.8% avg$10,940~2% avg$10,940~2% avg
Closing costs (~1.5%)$8,205$8,205$8,205
Total cost$39,931$22,644$20,144
You save$12,911$15,411

Based on the Pike Place Market median home price of $547,000. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in Pike Place Market

A flat fee of $3,499 instead of the typical $16,410 commission — with a dedicated agent at every step.

1

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Pike Place Market market data so you list at the right price.

2

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

3

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Pike Place Market buyers look — plus a custom Ridley listing page with AI chat.

4

Your agent negotiates

Offer comparison, counteroffer strategy, and all back-and-forth with buyers' agents — handled by your dedicated agent.

5

Close and keep $12,911 more

Contracts, disclosures, deadline tracking, and closing coordination — from accepted offer to keys.

FAQ

Common questions about selling in Pike Place Market

Ready to sell in Pike Place Market?

Save $12,911

Get Your Selling Strategy