Laurelhurst Market Trends: Hyper-Local Housing Data

Thinking about buying or selling a home in Laurelhurst? This page tracks the Laurelhurst real estate market using live Northwest Multiple Listing Service (NWMLS) data—updated monthly with median sale prices, days on market, closed sales, and inventory levels.

Because Laurelhurst is an established, geographically compact Seattle neighborhood, transaction volumes are naturally lower than citywide averages, making hyper-local data essential. Whether you are timing a purchase or preparing to list, the data below provides a clear, objective look at current market conditions.

Looking for a broader market perspective? Explore the Seattle Market Pulse for a macro view of the citywide real estate market.

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Laurelhurst Market Summary — April 2026

The Laurelhurst market entered spring 2026 with a clear inventory build but stable underlying demand. Active homes for sale doubled year-over-year, climbing from 8 in April 2025 to 16 in April 2026, and the broader trend has been higher every month since late 2025 — the 12-month average sits at 12 homes, up roughly a third from the prior year’s pace. New listings are not the driver: at 9 listings in April 2026, supply additions match April 2025 exactly. The build is coming from the other side of the equation — homes are accumulating because pending sales (5) and closed sales (5) each came in roughly 17% below their April 2025 counts. The net effect on inventory balance is dramatic: months of supply (pending basis) jumped from 1.6 a year ago to 3.4 in April 2026, with the closed-basis figure tracking nearly identically. Laurelhurst remains a seller’s market by the conventional 3-month threshold, but the cushion has narrowed considerably.

Despite the slower pace, the homes that did sell in April moved very quickly and very close to asking. Median days on market came in at 6 days, statistically unchanged from the 5 days posted a year earlier and well below the trailing 12-month average of 17 days (which is inflated by occasional 30-to-55-day outliers in late summer 2025 and February 2026). The median sale-to-list price ratio landed at 99.1% — fractionally below the 100.6% reading from April 2025, but well within ordinary monthly noise and consistent with the 12-month average of 99.0%. Read together, these two metrics say that buyers and sellers are still meeting near asking when a deal happens, even though deals are happening less often. The transactions that close are competitive; the friction is in getting to the closing table in the first place, which is what’s pushing the inventory and months-supply figures higher.

The one metric that looks dramatic but demands the most caution is price per square foot, which printed at $581 in April 2026 versus $782 a year earlier — a 26% drop. With only 5 closed sales feeding that median, a single small or below-average home can move the figure significantly, and the underlying series has bounced between $535 and $1,078 over the trailing 12 months. The 12-month rolling average of roughly $752 is the more reliable anchor for value. Pulling everything together: Laurelhurst in spring 2026 looks like a market shifting from “any home sells immediately” toward “the right home still sells immediately, but the wrong-priced or wrong-condition home will sit.” That’s a more discerning market, not a falling one — and the still-tight days-on-market and near-asking sale ratios are the strongest evidence that price-discovery, not price-collapse, is what’s actually going on. Buyers have more to choose from than they did twelve months ago; well-prepared sellers are still finding their buyer quickly.