Is Shoreline, WA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Shoreline is a seller's market


Difference Since August 2022

Since last year, Shoreline has remained a Seller's Market.

Key Takeaway

Shoreline is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices

How much do homes in Shoreline, WA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since August 2022


Key Takeaway

Homes in Shoreline have sold for 5.2% less than they did a year ago.

Summary: The median home sold price in Shoreline was $758,450 in August 2023, down 5.2% from last year, and the median price per square foot was $463.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 $272.5K$310K
2 $589.9K$580K
3 $799.9K$730K
4 $900K$875K
5+ $1.2M$1.2M

Summary: Shoreline housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes increased by 13.8%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 0.5%.

Median Sold Price Compared To Nearby Cities

Lake Forest Park
Mountlake Terrace

Housing Supply

How many homes are available in Shoreline, WA?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE

Summary: The Shoreline real estate market had 164 homes for sale in August 2023, a 8.9% decrease compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 34
2 3332
3 6550
4 5050
5+ 2928

Summary: The Shoreline housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 3%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 3.4%.

Number of Homes Sold

Jul 2023Aug 2023CHANGE

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shoreline, you may be able to get a good deal. 45.8% of homes here sold below asking price last month.

Summary: A total of 48 homes were sold or pending in Shoreline in August 2023, down by 22.6% month-over-month. Of the 48 sold homes, 46% were sold under asking, 25% were sold at asking, and 29% were sold over asking.

Days on Market

How long does it take to sell a home in Shoreline, WA?

Average Sale Time

Aug 2022Aug 2023CHANGE
15 Days21 Days+35.8%

Summary: Homes in Shoreline had an average of 21 days on market in Aug 2023, up by 35.8% compared to last year.

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Shoreline are selling fast, if you're buying plan to act quickly.

Summary: During August 2023, 48 homes were sold in Shoreline; 73% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 29 Days Ago

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Nearby Markets

What housing markets are near Shoreline, WA?