Are there a lot of new construction homes in Seattle?

The data does not tell us directly how many new construction homes there are. We can see how many homes are for sale overall and how quickly they are selling. Right now, there are 10,456 homes for sale in the Seattle area. That's 21% more homes than there were a year ago. It means you have more choices now as a buyer. The number of brand new listings coming onto the market has gone down. We saw 6,100 new listings, which is 8.4% fewer than last year. This suggests fewer new homes, whether brand new construction or existing homes, are being put up for sale. Homes are selling a bit slower too. The typical home stays on the market for 36 days, which is 20% longer than it did last year. This means sellers are waiting longer to find a buyer. If you're looking for a home, you have more options available than last year, but fewer new options are appearing each month. You might find you have a little more time to make a decision.