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Multi Family Homes for Sale in Seattle. There are currently 78 multi family homes for sale in Seattle at a median listing price of $1.39M. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Seattle stay on the market for 38 days and receive 1 offers.
The Seattle multifamily market shows 1Q 2024 vacancy, rental rates, and unemployment are trending up. Construction deliveries are trending down. View our full Seattle multifamily market review for more detail. Click hereto subscribe to Kidder Mathews market research. Download Market Report. Share This Report.
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- How to Navigate The Map
- Single-Family Home Sale Prices Trounce Multi-Family Prices
- Only One Neighborhood Saw The Opposite Trend
- New to New: Multi-Family Is Nearly 40 Percent Cheaper Than Single-Family
- Even Old Single-Family Homes Cost More, on Average, Than New Multi-Family Homes
- But What About The Story of Devin’s House in Ballard?
- Multi-Family Homes Make Homeownership A Possibility For More Seattleites
The map shows all home sales in Seattle from July 1st, 2016 through June 30th, 2017. In all, that’s nearly 11,000 sales. Of these, almost 7,000 were typical single-family homes, usually on a lot of at least 5,000 square feet; the map marks these sales with orange dots. The other nearly 4,000 sales were multi-family homes, represented by blue dots. ...
Orange dots dwarf the blue dots in almost every neighborhood across the city, meaning single-family home sales over the last year were far more expensive than multi-family sales. On average, single-family home sale prices towered nearly 42 percent over multi-family home prices. Below is a screenshot from the map showing the location where Devin’s h...
The dominance of single-family home sale prices last year held true in every neighborhood across the city save one: Georgetown. There, multi-family home sales averaged 14 percent more than single-family sales. The neighborhood’s somewhat unusual housing mix explains this difference. The area saw 42 home sales last year, nearly half which were townh...
Of the 11,000 home sales in Seattle between July 1st, 2016 and June 30th, 2017, just 10 percent were of brand new homes, built in 2016 or 2017. Seattle isn’t seeing much new construction of single-family homes, and of these 1,100 brand new homes sold last year, three-quarters—or 829—were multi-family. Looking at just these 1,100 new-construction ho...
On average new multi-family homes are even cheaper than older single-family homes. Sales of Seattle’s older single-family homes—those built prior to 2016—averaged $748,316 over the last year. Compare this with the average sale price of newly built multi-family homes: $703,000. So even old single-family homes cost, on average, $45,000 more than newl...
Though on a city scale new multi-family homes sold for less than old single-family homes over the last year, that wasn’t always the case on a neighborhood scale. The owner of the single-family home Devin used to rent sold the house for less than the price of each of the four new townhomes that took its place, and that’s indicative of the neighborho...
Across Seattle, the condos, townhomes, rowhouses, four-packs, and skinnies that Seattleites love to hate are making homeownership possible for more people. Without these home choices Seattle would likely see more single-family teardowns for replacement by newer and bigger single-family homes, and fierce bidding wars would reserve homeownership for ...
Sep 15, 2021 · In 2020 there were about 22,600 vacant units in the city, a drop from about 25,000 ten years earlier. Vacant units are slightly more evenly spread around the city than total housing units, though 46% of them are still within the combination of Districts 3 and 7. Vacancy rates dropped across the city over the past ten years, with the exception ...
Mar 1, 2017 · In December, Sightline published a map (also linked at the head of this article) displaying all of the multi-unit homes in Seattle’s single-family neighborhoods. These almost 10,000 homes include ‘plexes—duplexes, triplexes, and quadplexes—townhomes, and accessory dwelling units (ADUs), and they provide housing for about an additional 12,000 people w h o c a l l t h e E m e r a l d C i ...
Find your dream multi family home for sale in Seattle, WA at realtor.com®. We found 123 active listings for multi family homes. See photos and more.
70 Multi-Family Homes For Sale in Seattle, WA. Browse photos, see new properties, get open house info, and research neighborhoods on Trulia.
