Seattle, Washington Commercial Real Estate Market Report

The Seattle commercial real estate landscape on Commrty currently features 99 active listings, all of which are offered for sale. These properties were added to the platform within the last 90 days, though no new listings have been introduced in the most recent 30-day period. The inventory reflects a broad spectrum of valuations in the metro area, with asking prices for the 67 listings that disclose pricing data ranging from $90,000 up to $20,000,000. The median asking price for these available assets stands at $2,400,000, providing a baseline for investors currently evaluating opportunities in the Puget Sound region. Regarding financial performance expectations, the median advertised cap rate for these listings is 5.36%. This figure helps define the current entry expectations for those reviewing assets in this market. The distribution of properties favors multifamily housing, which accounts for 52 of the listings. Retail assets follow with 18 listings, while land holdings total 11. The remaining inventory is composed of office space, industrial properties, special purpose buildings, hospitality, and businesses for sale. This mix provides options for diverse investment strategies, ranging from residential development to commercial operations. Users should note that no properties have transitioned through the Commrty platform in the last 180 days, suggesting that current inventory remains available for review.